The Bybit x SoSoValue Daily Report is a daily market intelligence brief exclusively for Bybit VIPs. Learn more here.

Navigating the world of crypto trading requires more than just intuition; it demands reliable data, timely updates and a clear strategy. That’s why Bybit has partnered with 

 (SOSO), a leading market intelligence provider, to deliver the Bybit x SoSoValue Daily Report, a powerful resource exclusively for VIP traders. Packed with daily insights and actionable data, this report is designed to help you trade smarter and stay one step ahead of the market.

In this article, we’ll discuss the Daily Report’s offerings, methods for accessing it and applying its insights to elevate your trading strategy.

What is the Bybit x SoSoValue Daily Report?

The Bybit x SoSoValue Daily Report is a daily market intelligence brief exclusively for Bybit VIPs. It offers curated insights on market trends, technical analysis, token picks and market sentiment analysis.

Crafted with both short-term traders and long-term investors in mind, the Report condenses a wealth of data into a clean, easy-to-digest format. Each section is carefully curated by SoSoValue’s research team to surface the most relevant daily information so you can make quicker and more informed decisions without spending hours scouring multiple sources.

Why use the Bybit x SoSoValue Daily Report?

In crypto, timing is everything — and with thousands of news headlines, tokens and metrics released every day, it’s easy to miss key moments.

The Bybit x SoSoValue Daily Report simplifies research with its focused view:

And the best part? It’s presented in a clean, user-friendly layout that takes less than five minutes to read.

What does the Bybit x SoSoValue Daily Report cover?

The report is divided into six key sections, each one clearly marked for ease of use. 

This section spotlights the most impactful stories of the day, covering macroeconomic news, policy changes, whale activity and major industry moves. Each headline is conveniently tagged as 

, giving you a quick sense of how it might influence the market.

It’s a fast and effective way to understand what’s driving price movements and adjust your trading strategy accordingly.

Looking for trade ideas? This section highlights a short list of tokens with noticeable price movements and/or unique setups so you can view their performance, holding status and price trends. Use this as a daily watchlist, or as an inspiration for fresh setups.

The New Listing section helps you stay ahead of early-stage opportunities with newly listed or upcoming tokens on Bybit, often accompanied by performance data.

While Crypto Breaking News gives you standout headlines, this section offers a broader overview of the day’s narratives, categorized as 

. This helps you filter sentiment across the broader market landscape.

One of the most actionable sections, this gives you data-driven technical insights into BTC (and sometimes other tokens). Such insights make it easier to place 

This section analyzes social chatter to help gauge trader psychology across platforms like X, Reddit and Telegram. It also indicates sentiment levels (

) and summarizes the most talked-about opinions. Sentiment analysis can be especially helpful when paired with 

How to access the Bybit x SoSoValue Daily Report

In order to access the Bybit x SoSoValue Daily Report, you must first be a Bybit VIP. You can check out our guide 

 to find out more about how you can start your VIP journey on Bybit.

: Log in to your Bybit account and head to the 

: Get an overview of the six sections and tailor your trading strategies accordingly!

Tips for getting the most out of the Bybit x SoSoValue Daily Report

Here’s how you can tailor your use of the report, depending upon your trading style.

Should you join Bybit VIP to access the Bybit x SoSoValue Daily Report?

Access to this powerful report is just one part of the VIP experience. As a Bybit VIP, you also receive the following:

The Bybit x SoSoValue Daily Report gives you a clear, concise view of what’s moving the crypto markets right when you need it. This daily snapshot equips you with the tools and confidence to make better decisions, irrespective of whether you’re an active trader or watching from the sidelines. Don’t just react to the market — stay ahead of it with the Bybit x SoSoValue Daily Report today.

Beginner

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Bybit x SoSoValue Daily Report: Your key to analyzing market trends

Hive Intelligence has launched its mainnet, offering a unified API for querying real-time, multi-chain blockchain data using natural language.

The S&P 500 dipped 0.23% as tariff uncertainty persisted; focus now shifts to upcoming inflation data. Gold dropped 2% to $2,963 as investors favored the dollar amid trade war fears, though economic uncertainty keeps the outlook bullish. The Coindesk Indices, which tracks the broader crypto market, are up by 4.58%, with Bitcoin and Ether down 1.93% and 0.29% respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is TAO, up 17.2%, followed by Nuance, a Bittensor subnet rewarding insightful and factual public discourse.

Bittensor (TAO), launched in 2021, is a decentralized machine learning network where AI models are shared, trained, and ranked. The TAO token facilitates rewards, staking, governance, and payments, fostering a decentralized AI economy. 

 is a Bittensor subnet designed to reward nuanced, factual contributions to public discourse. It incentivizes meaningful engagement by paying users for clear, insightful replies, using a system that scores posts based on factuality, nuance, and tone. Nuance aims to move beyond noise, promoting signal-driven conversations without moderating speech, fostering a more thoughtful, transparent, and trustless communication layer.

Check out the latest prices, charts, and data of 

, offering a unified API for querying real-time, multi-chain blockchain data using natural language. The platform aims to streamline AI-driven blockchain applications and eliminate fragmented data sources. Hive has also joined NVIDIA's Inception program, gaining access to AI tools and networking resources. The $HINT utility token powers the ecosystem, enabling payments for data queries, governance, and incentivizing participation. Hive's platform supports AI agents and large language models (LLMs), driving innovation across industries like DeFi and NFTs.

Yesterday, BTC spot ETFs saw a total net outflow of $97.7M, with $74M from GBTC and $23.7M from non-GBTC funds.

 you can set and forget include Grass (Airdrop 2 confirmed, just run the node), Stork (early-stage with strong partnerships), Dawn (backed by $18M, still time to farm), 3DOS (new with Sui partnership), and Openledger (Epoch 2 live, access expanding soon). Bonus projects like Gradient, Bless, BlockMesh, and PublicAI also offer low-effort potential with simple browser setups.

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Hive intelligence launches mainnet to streamline AI-driven blockchain data with NVIDIA support

Bybit Liquidity Shield Trading Frenzy is a trading event that protects users from slippage, boosts trading incentives and promotes high-liquidity token trading.

Ever placed a market order and ended up with a price that caused you to do a double-take? That’s 

 in action — and it’s a pain, especially for high-volume traders. But what if there was a way to trade confidently, knowing someone’s got your back when markets move fast? That’s where the Bybit Liquidity Shield Trading Frenzy comes in.

This article explains what the Bybit Liquidity Shield Trading Frenzy event is, how it works and why it's a big deal — especially if you're ready to take your trading game to the next level!

What is the Bybit Liquidity Shield Trading Frenzy?

 is an industry-first trading event that protects users from slippage, boosts trading incentives and promotes high-liquidity token trading, with up to 1,000,000 USDT in total rewards.

Running from Apr 3, 2025 through May 3, 2025, this event is designed to supercharge Bybit’s Spot market while giving users peace of mind when executing market orders — especially during times of peak volatility.

How does the Bybit Liquidity Shield Trading Frenzy work?

The event is structured around three powerful pillars, each designed to reward, protect and elevate the trading experience on Bybit’s Spot market.

This is the star of the show. Bybit is directly subsidizing slippage for market orders on the top 50 USDT trading pairs. If you experience slippage during the event, you get reimbursed. This is applicable up to 10 USDT per order, capped at 1,000 USDT per user.

Please note that only market orders are eligible, and the total subsidy pool is 300,000 USDT, so get in early!

Want bragging rights and rewards to match? The Ultimate 100 leaderboard is for you.

During the Bybit Liquidity Shield Trading Frenzy event period, simply be among the top 100 Spot traders (by volume) in order to share a 200,000 USDT reward pool.

A base pool of 100,000 USDT unlocks when the overall event volume hits $800M. A boosted pool of an additional 100,000 USDT (total 200,000 USDT) unlocks at $2B in trading volume.

You could walk away with up to 30,000 USDT, just by doing what you already do: trade.

Please note that there are no Spot trading pair restrictions for this subevent.

The third subevent, Power Boost, lets you earn from trending project tokens just by trading them. Simply trade the selected tokens during the event period. The more you trade, the larger your slice of the prize pool (which can go up to 500,000 USDT in total).

A single user can earn up to 5,000 USDT from one prize pool!

 = (Your trading volume / total trading volume) × current prize pool

Benefits of joining the Bybit Liquidity Shield Trading Frenzy

This isn’t your average trading event. Whether you’re a casual trader or a serious volume pumper, there’s something here for everyone. Here’s why it’s worth jumping in:

How to participate in the Bybit Liquidity Shield Trading Frenzy

Now that you understand how the Bybit Liquidity Shield Trading Frenzy works, here’s how you can get started. If you don’t already have a Bybit account, you’ll first need to create one. Check out our sign-up guide 

: Log in to your Bybit account and navigate to the 

: You can then proceed to trade Spot on Bybit. 

To view your subsidy records under the Liquidity Shield event, simply click on 

and scroll down. You’ll also be able to view the eligible pairs under this event.

To view the leaderboard for the Ultimate 100 event, simply click on 

And lastly, to view the eligible token pairs for trading under the Power Boost event, click on 

button of the listed projects to be directed to their respective Spot trading pages.

Should you join the Bybit Liquidity Shield Trading Frenzy?

If you’re an active spot trader — or thinking of becoming one — this event is a no-brainer. The slippage subsidy alone is a huge value-add, especially for volatile assets. Pair that with leaderboard incentives and token prize pools, and you've got an event designed to reward every type of trader, from casuals to whales.

The Bybit Liquidity Shield Trading Frenzy is a win-win event for traders, offering safety, competition and big-time rewards, all in one place. Trade more, worry less and get rewarded for doing what you already love!

Join the Bybit Liquidity Shield Trading Frenzy and get a share of the 1,000,000 USDT prize pool today!

Intermediate

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Bybit Liquidity Shield Trading Frenzy: Where slippage subsidies meet peak liquidity

PumpBTC (PUMP) enables secure multichain Bitcoin liquid staking via Babylon, with governance and rewards powered by its dual token ecosystem.

One of the most exciting parts of working with cryptocurrency is the ability to 

. Unfortunately, some older and more established coins like 

 (BTC) don't natively support staking, due to their 

 (PoW) consensus model. To overcome this limitation, 

 have emerged, which let you temporarily lock away your Bitcoin to support their networks while you earn interest on the side via 

 (DeFi). PumpBTC is one such platform that plans to expand the utility of Bitcoin staking. Built on Babylon, this liquid staking solution lets people stake their Bitcoin securely with even more flexibility and access to DeFi to maximize their earning potential.

PumpBTC is a multichain liquid staking solution for Bitcoin built on the 

 native staking protocol. Compared to other Bitcoin staking solutions, PumpBTC hopes to offer more flexibility and security.

 (WBTC) or Bitcoin Avalanche Bridged (BTC.b) tokens on the Babylon protocol. In return, PumpBTC gives users a yield-bearing token whose value is pegged to Bitcoin at a one-to-one value. The pegged token, pumpBTC, can then be used in a variety of DeFi protocols. For BTC holders, having a more liquid asset while their Bitcoin is staked ensures that they can maximize yields with ease. 

The PumpBTC process provides many advantages for users. Compared to direct BTC staking on Babylon, it doesn't permanently lock up users' tokens until the staking period ends. People can still use their assets for other DeFi actions, such as participating in 

PumpBTC and Babylon: Security, staking and scalability

The integration with Babylon also provides plenty more useful features. Since Babylon is staked directly on the Bitcoin blockchain, minimizing security risks is another benefit. Instead of trusting a bunch of third-party bridges, users can enjoy centralized finance (CeFi)–level security. The native yield from Babylon provides a reliable form of income, no matter what users do with their liquid tokens. 

Furthermore, PumpBTC is also connected to several 

-compatible chains. Through the convenient PumpBTC website, users can also access projects on chains like Ethereum, BNB Smart Chain and 

. This provides even more flexibility for liquid staking and ensures PumpBTC is as scalable as possible.

PumpBTC launched just less than a year ago, in June 2024, but it's already expanded to over 27 other DeFi and crypto ecosystems. The site 

 in funding from 10K Ventures, Arcane Group, CoinSummer Labs and others. Little is known about the people who launched PumpBTC because the project aims to be pretty decentralized. Its 

 in early April includes news about creating The Pump Foundation and PUMP, a 

 that people can use to engage in governance.

PumpBTC’s architecture prioritizes security and transparency. Many other Bitcoin staking solutions manually pass tokens back and forth over third-party 

, which allows vulnerabilities to enter the equation. However, PumpBTC's method ensures users remain in control of their own assets. PumpBTC has partnered with fully licensed token custodians, such as CoinCover and Cobo, to implement Multi-Party Computation (MPC) in order to boost the protection of users’ assets. With MPC, after a user places their WBTC or BTC.b into the custodial wallet, multiple private keys are generated, and transactions can only be confirmed if all parties, including the user, are in agreement. 

Once the tokens are in the custodial wallet, a 

 with CoinCover or Cobo delegates the equivalent amount of tokens into the Babylon native yield staking network and triggers the minting of pumpBTC tokens, which are transferred back to the user. These tokens have a one-to-one value ratio with Bitcoin, and people can use them to participate in DeFi yield-earning solutions within the PumpBTC ecosystem. 

When BTC holders maximize yields and are ready to redeem their Bitcoin from the Babylon staking protocol, they turn in their pumpBTC tokens. The custodian triggers a smart contract that burns the pumpBTC tokens. Once the tokens are 

, the custodian returns both the Bitcoin (WBTC or BTC.b) and staking yields to the user. Throughout the entire process, users can maintain control of their tokens and view all on-chain transactions, so they can be fully aware of how the system works.

PumpBTC also has some intriguing mechanisms outside of its token staking process. The rest of the ecosystem is a community-led system run with PumpBTC points, a reward mechanism that encourages people to participate in the platform. You can earn them by participating in various activities and challenges, such as referring other people to PumpBTC and staking PUMP on PumpBTC or Babylon.

Simply holding pumpBTC tokens lets you earn one point per token per second. But if you choose to interact more actively with PumpBTC's ecosystem by staking PUMP in multiple liquidity pools or being a Team Captain in the referral program, your points will be boosted. Having these points allows you to unlock additional ecosystem rewards as the platform evolves.

In early April 2025, PumpBTC announced an enhancement to its protocol with the introduction of PumpBTC OS to incorporate AI-driven staking into its operating system. The integration of AI facilitates the automatic search for the best yields across networks, and the customization of strategies according to your risk profile.

The PumpBTC network contains multiple cryptocurrency tokens. Though they all share similar names, they have vastly different purposes. In addition to the pumpBTC token used for liquid staking transactions, there are also PUMP and vePUMP tokens.

, and can be used to vote on decisions within the ecosystem and for staking to boost rewards. It can also be used to lower fees and enhance returns across PumpBTC's products. There’s a total supply of 1 billion PUMP tokens, which will be allocated as follows:

To jump-start the user-led governance system, PumpBTC will be distributing 90 million tokens to loyal PumpBTC users at the time of token generation. You can check your eligibility for this airdrop by visiting the

. Depending upon how much you’ve participated in PumpBTC in the past, you can have quite a few PUMP tokens automatically sent to your wallet.

When users stake PUMP, they receive a non-fungible ERC-721 token called vote-escrowed PUMP, or vePUMP for short. It’s a secondary token (linked to the primary PUMP token) that grants stakers even more governance powers. Unlike standard PUMP, vePUMP isn’t used for basic decisions. Instead, vePUMP holders are entitled to a degree of influence over key ecosystem decisions. The longer a token is locked up, the more vePUMP the holder receives. In addition, vePUMP allows people to boost their liquidity provider rewards and gain a share of protocol revenue from the entire ecosystem.

PUMP is still quite a new token, so it's not yet available on most exchanges. However, Bybit's commitment to highlighting promising new tokens means interested users can access PUMP through Bybit’s exchange. Bybit is running a Launchpool event until Apr 8, 2024, 10AM UTC, in which 

 will be divided among users. Users can stake PUMP, BTC or USDT and in return get a share of free PUMP tokens.

Even if you don't plan on participating in the Launchpool event, buying PUMP as a Spot pair on Bybit is also possible (

). Moreover, you can opt to add PUMP tokens to your investment portfolio in just a few steps with Bybit's 

, which uses artificial intelligence (AI) to ensure that you always buy low and sell high.

Ultimately, PumpBTC facilitates effortless collaboration between key players in the Bitcoin staking ecosystem, bridging the gap between traditional Bitcoin holders and the rapidly evolving world of DeFi. By integrating with the Babylon staking protocol and employing MPC-secured custodians like CoinCover and Cobo, PumpBTC offers a secure, flexible liquid staking solution. 

Whether you're looking to earn passive income, participate in governance with PUMP and vePUMP or simply diversify your crypto portfolio, PumpBTC creates new, scalable opportunities for engagement with Bitcoin in a modern DeFi context.

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PumpBTC (PUMP): Secure multichain liquid staking for BTC

Bybit Learn

Investing

Tax season approaching? Here are the best crypto tax software solutions you should use to generate your tax reports with ease.

The potential for financial gains has increased the popularity of crypto exchanges. This new digital currency allows both beginner and novice investors to reap profits. However, transactions also come with tax liabilities.

Tax preparation quickly becomes a chore without a way to streamline the process. Enter the best software solutions to help ease the daunting tasks of reporting capital gains and capital losses from transactions.

Continue reading to learn more about the 17 best crypto tax software solutions, their top features, costs and more to help you choose the best one for you.

Although crypto is an alternative currency, it still has real value. Owners can spend it like traditional money. Additionally, cryptocurrency can be held similarly to stocks to achieve long-term gains. Profits can also be attained 

As a result, crypto is considered a capital asset that’s subject to 

 just like traditional money. The rules for capital gains and capital losses apply to determining what’s owed in taxes.

Regulations for how crypto is taxed vary among different countries. For example, virtual currencies in the U.K. and U.S. are treated like other capital assets in your portfolio. If you gift cryptocurrency to another person in the U.K., you must pay taxes on the amount.

 mean you may owe taxes on Bitcoin and altcoins if the selling price is higher than what you paid to buy them.

There are a number of factors that determine how to calculate your tax rate:

• Whether crypto mining is your personal hobby or business venture

• Transactions that are either capital gains or capital losses

• Whether you have short-term or long-term gains or losses

As an investor, you might complete a high number of cryptocurrency transactions each year. Keeping good records for tax reports might not be possible. The tedious process of calculating taxes can be easier with the best crypto tax software that matches your needs.

Features will change, but some of the best crypto tax software solutions can automatically sync across wallets and different crypto exchanges. In addition to calculating capital gains and losses, you may also get tax reports to file taxes in your country.

The best crypto tax software will also include helpful features and match your skill level.

Crypto tax software is a program designed for you to prepare taxes for cryptocurrency assets. This tool helps you calculate capital gains or capital losses and apply deductions for expenses.

Having the best crypto tax software can simplify the calculating and filing process for tax returns. After calculating your gains or losses in cryptocurrency, the software can automatically fill in the information.

This reduces how much time you spend completing a return. In addition, the best crypto tax software can minimize the often confusing task of filing this type of return.

Essentially, the mechanics of using the best crypto tax software are similar to the software you may use for tax preparation of other assets. You can sign up to use the software. Most programs let you integrate crypto exchanges and wallets to pull transaction history as needed.

After choosing the best crypto tax software for your needs, you provide the required information [such as your legal name, email, dependents and AGI (adjusted gross income)] for the previous year. Other information that might be required includes 1099-G forms and business receipts.

Features to Look For in Crypto Tax Software

The best crypto tax software will take the information you enter into the system and reconcile the transactions. The software will also produce detailed tax reports of gains and losses, according to your local and/or state and national tax authority guidelines.

Typically, the best crypto tax software doesn’t assume that you can breeze through the steps. Some programs offer professional tax assistance. This helps if you have taxation-related questions. Customer support may be available in many forms, such as chat, email and phone.

Some of the other features that may stand out in the best crypto tax software solutions include:

• Support for all or most crypto exchanges — automatic synchronization or integration with crypto exchanges to gather data, which is used to calculate how much you owe in taxes before automatically filing your taxes

• Calculating your profits and losses in cryptocurrency while keeping a record of the transaction history

• Allowing you to import and export reports of your crypto transactions

• Making qualifying tax deductions and tax credit suggestions, based on your information

• Free or affordable to use (advanced users may believe paid solutions are the best crypto tax software with the best features)

• Audit support and assistance from crypto tax experts

• Long-term storage of tax information, which allows you to access previous records for many years

• An option to file state tax returns in addition to filing a federal return

• Checks and balances with alerts if the information entered is incorrect

• Crypto tax software to match your needs.

• Easy to use, no matter your computer skill level

What Are the Best Crypto Tax Software Solutions?

While you want to get a good return on your investments, the last thing you want is to learn that you didn’t pay enough taxes. The following is a list of 17 of the best crypto tax software solutions available on the market.

 platform offers a comprehensive set of features that tracks and manages Bitcoin portfolios.

One thing that makes Accointing one of the best crypto tax software solutions is its personalized dashboard. You can review insightful visualizations of the actual value of data.

The only notable downside to using Accointing is that the software doesn’t include IRS tax forms, such as Schedule D.

• Support for American and European tax reports

• Compatible with over 7,500 currencies

• Easy-to-use interface for both mobile and desktop applications

 — comes with tax preparation access for a maximum of 25 transactions

 — costs $79 for up to 500 transactions; includes email support

 — allows 5,000 transactions for $199 and includes the same features as the Hobbyist plan

’s popularity places it on the best crypto tax software list as a fast processor of digital asset tax returns. Available across 20 different countries, Koinly allows you to complete your crypto taxes in less than 20 minutes.

Some of Koinly’s standout features include:

• Dashboard display of profits and losses, ROI and current holdings

• Support for 300-plus wallets and exchanges

One downside to using Koinly is that it doesn’t accept cryptocurrency as payment for service.

• Generous offering of up to 10,000 transactions under the 

 is one of the earlier crypto tax software platforms on the market. You can use it for your financial and tax needs to cover any type of digital asset. TaxBit is the best crypto tax software for individuals, government entities and large enterprises.

Processes within this tax software are completed by live experts, instead of the bots used by other platforms. TaxBit uses intelligent optimization tools for tax calculations. Auto-syncing is limited, which can be a downside.

Taxbit also offers a free plan which includes unlimited transactions, and features to complete tax reports. Additional plans include 

 for $50 per year, with email and live web support.

 plans offer the same features for $175 per year and $500 per year, respectively. The 

 plan also provides a dedicated concierge.

 is known as the best crypto tax software for complex filings. If you need more than a crypto tax calculator, TokenTax offers a full-scale accounting firm for your crypto taxes. This gives you more confidence in receiving comprehensive, reliable and accurate services.

Businesses and advanced users can take advantage of TokenTax’s audit assistance, support for all crypto exchanges and automatic integration. Additionally, you can use the software to access forms to file your taxes.

• Support for international transactions

 — up to 500 transactions, $65 per tax year

 — up to 5,000 transactions, $199 per tax year

 — up to 20,000 transactions, $799 per tax year

 — up to 30,000 transactions, $3,499 per tax year

 makes the best crypto tax software list because of its tax filing accuracy, which helps you avoid overpaying. ZenLedger tracks your transactions, and keeps a history of your profits and losses.

This fast and user-friendly platform lets you import transaction data, and also review and download your completed forms. ZenLedger is known for stellar customer support through phone, email and chat.

The platform uses two-factor authentication for extra security and privacy. One con to ZenLedger is that only U.S. users have access to local tax forms.

Pricing seems to be on par with similar platforms. You can get up to 25 transactions with the 

. Once you reach this limit, you can choose from four paid plans, priced per tax year:

17 Best Crypto Tax Software Solutions to Use for Tax Season

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards