The Dypto Times - Polymarket Is Coming Home

The new Kraken card is a spicy meatball, Coinbase Ventures hints at where they’ll be spending money in 2026, and a new Ethereum upgrade is about to be released

One of the biggest fears during the previous administration was that the crypto industry, and the thousands of talented US engineers working in it, were being pushed offshore. Polymarket, despite being born and bred in the US, was one of those companies that was forced to ban American users from participating.

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And it’s officially changing. The CFTC has greenlit the move to come home. But that’s not all that went down last week. Let’s get after it.

From the Dypto Crypto Newsroom

Don’t Call It A Comeback – Polymarket Returns to the US

TLDR

  • Polymarket is coming back to the US.

  • The CFTC has lifted its ban on the platform.

  • There are some stipulations. Polymarket has to beef up its security and add some bells and whistles to keep users safe while ensuring they’re on the hook for taxes.

Polymarket. The internet’s favorite crystal ball where you could bet on, well, pretty much anything, is coming back home. After a bit of a time-out, they’re making a comeback in the US, and this time, they’re doing it by the book. 

…The order books!

How it happened.

On November 25, 2025, Polymarket announced that it received a thumbs-up from the US Commodity Futures Trading Commission (CFTC). The CFTC is the SEC of the derivatives markets. Futures are all about commodities trading. Futures and commodities are in the name.

In the press release, Polymarket revealed that the CFTC issued an “Amended Order of Designation”. So… in plain English, this means Polymarket has been given the green light to operate as a fully regulated exchange in the United States. 

Coinbase Ventures Has Big Ideas for 2026

TLDR

  • Coinbase Ventures knows what it wants to see in 2026.

  • They want to spend funds on specific areas of DeFi, RWAs, robotics, and AI.

Coinbase Ventures has released a “what should we build next?” list. But realistically, it’s more of a “what should we buy next?” list. If you’re looking for the next big thing in crypto, this is a treasure map. 

Every year sees massive changes to the crypto landscape. Stablecoins are changing how we think about payments, and prediction markets are finally going mainstream.  With all the regulatory clarity 2025 brought, Coinbase Ventures is strutting around with deeper liquidity and better tech. And they’re looking to make some big bets.

What’s at the top of the list?

Real-world assets (RWAs) on the blockchain have been a hot topic, but Coinbase Ventures thinks the real action is in “RWA perpetuals.” What does that even mean?

Think of perpetuals (or “perps”) as futures contracts without an expiration date. They let you bet on the future price of an asset without actually owning it. In plain terms, you can create a market for almost anything — from oil prices and private company stock to economic data.

According to Kinji Steimetz from the Ventures team, this “perpification of everything” will allow traders to hedge their bets or get exposure to assets that are normally hard to trade. It’s about bringing more of the traditional finance world onto the blockchain in a faster, more flexible way.

Kraken’s Krak Card Launches — Krak Epidemic Incoming?

TLDR

  • Kraken has released the Krak Card, which is connected to the Krak app launched back in June.

  • Right now, it’s only available for EU and UK users.

  • It offers cash back, no fees, and other features that are better than what most brick-and-mortar banks can offer right now.

The folks at Kraken continue to push the limits of what the platform can do. With a goal similar to Robinhood in becoming a one-stop-shop for customers, Kraken unveiled a new product this week.

The exchange rolled out a new debit card and app features, positioning its Krak money app as a full-blown alternative to traditional banking for UK and EU customers.

Kraken isn’t a bank yet. So, why is this news so important?

With the way several of these platforms are forging ahead with features and plans, the days of the traditional bank may be numbered…at least for those who prefer crypto exchanges like Kraken and brokerages like Robinhood, which is also working on a one-stop-shop approach.

Kraken’s push to become an all-in-one financial app is part of a larger trend of crypto firms and fintech companies moving into the mainstream financial services space. By combining the convenience of neobanks with the unique opportunities of crypto and DeFi, Krak represents a significant step toward a future where digital and traditional finance are seamlessly integrated.

Question of the Week

A TikTok DM - “Can you please explain buy pressure vs. sell pressure? I don’t think I fully understand exactly what it is and how it impacts the market.”

Meme of the Week

Perspective…

By the Numbers - The Dypto Crypto Portfolio

Here’s a screenshot of our portfolio, which we started in late December 2024.

Original portfolio valuation - 3 ETH ($9,670)

Current portfolio valuation - $7,416 YTD (-)23%

After a strong weekend where things were looking up, it would appear that Wall Street had a nasty case of the Mondays. The whole market went red. While that is unfortunate, the volatility is producing some nice fees in our yield farming position. Co-Founder and Analyst CJ Miller will have more information in his monthly update, which will be released soon.

Deep Dive - The Ethereum Fusaka Upgrade Is Coming Soon – What to Expect

Get ready, Ethereum fans. The next major network upgrade, Fusaka, is on the horizon, planned for December 3rd, 2025. Following the Pectra upgrade, Fusaka is set to introduce a host of new features aimed at improving scalability, security, and the overall user experience for everyone on the Ethereum network.

The main event of the Fusaka upgrade is all about making Layer 2s (L2s) faster and cheaper. Right now, L2s post their transaction data to Ethereum using “blobs,” a special data type designed for them. But as L2s grow, the amount of data gets huge, and asking every full node to download it all is unsustainable.

Enter PeerDAS (Data Availability Sampling). This is the star of the show. Instead of every node downloading every single blob, PeerDAS cleverly splits the data up. Each node will only be responsible for storing a small fraction of the total blob data.

With this method, the network can theoretically scale blob capacity by up to 8 times. Don’t worry about data going missing; clever cryptographic techniques ensure that the full data can be reconstructed from just 50% of the pieces, making the chance of data loss practically zero. 

Fusaka also brings important updates to Ethereum’s base layer to make it more robust and secure. Several technical improvements (EIPs) are focused on hardening the network against Denial-of-Service (DoS) attacks and ensuring stability. These include:

  • Capping Transaction Gas: A new cap of 16.7 million gas will be placed on individual transactions. This is large enough for complex operations but prevents a single transaction from hogging an entire block.

  • MODEXP Gas Cost Adjustments: The pricing for the MODEXP precompile (used for complex math in cryptography) is being updated to reflect its actual computational cost, preventing it from slowing down the network.

  • Block Size Limits: A hard cap of 10 MiB is being placed on the size of blocks sent over the network to prevent propagation delays and potential consensus issues.

Question of the Week Answer

Imagine the crypto market as a giant auction house where people are constantly buying and selling assets. Buy pressure and sell pressure describe the forces that influence the prices of these assets.

  • Buy Pressure: When more people want to buy a cryptocurrency than sell it. Think of it as a crowd of eager buyers at an auction, all bidding higher and higher to get their hands on the item. 

  • Sell Pressure: The opposite. It occurs when more people want to sell a cryptocurrency than buy it. Imagine sellers flooding the auction house, trying to offload their items quickly, even if it means lowering the price. 

Impact on the market:

  1. Price Movements:

    • When buy pressure is high, prices tend to rise because buyers are willing to pay more to secure the asset.

    • When sell pressure is high, prices tend to fall because sellers are willing to accept lower prices to get rid of their holdings.

  2. Market Sentiment:

    • Buy pressure often reflects positive sentiment — people are optimistic about the asset’s future and want to invest.

    • Sell pressure can indicate fear or uncertainty — people might be worried about the market or trying to lock in profits before prices drop further.