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Odos Protocol to shut down DEX aggregator on July 30

Odos Protocol has announced plans to shut down its decentralized exchange aggregator, giving users until July 30 to withdraw assets from the platform. According to a Thursday announcement posted on X, the project will discontinue operations and has asked users…

Crypto Derivatives Exchange BitMEX To Shut Down in September

Bitcoin Magazine

Crypto Derivatives Exchange BitMEX To Shut Down in September

Crypto exchange BitMEX will close down in September, according to a Thursday announcement on the company’s website. 

The exchange said that after “a strategic review of the business and the broader crypto industry, the board of HDR Global Trading Limited, owner and operator of BitMEX, has decided to close the exchange.” 

BitMEX did not give further information on why the exchange was closing but told users to withdraw their funds “as soon as practical.” 

“The BitMEX platform has always remained grounded to the true ethos of Bitcoin — neutrality, transparency, and decentralisation, which is evident through our peer-to-peer operations and a top priority focus on user fund safety,” the statement read. 

“While this news is a difficult one to share, we are proud of everything that has been built at the company since its launch as a pioneer of crypto derivatives.”

BitMEX added that users will be able to access services as normal until September 23. After that date, the exchange will only hold client assets until they are withdrawn. 

It continued that it had unstaked all staked BMEX Tokens on the platform, and they are now available in users’ accounts.

Run-ins with the law

Run by eccentric crypto entrepreneur Arthur Hayes, BitMEX has had its fair share of run-ins with the law. 

Regulators first stated that BitMEX had allowed U.S. clients to use its exchange without verifying their identities.

The company in 2021 paid $100 million in civil penalties after the U.S. Financial Crimes Enforcement Network alleged that the exchange’s senior leadership “altered U.S. customer information to hide the customer’s true location.”

BitMEX founders Hayes, Benjamin Delo, and Samuel Reed pled guilty in 2022 to violations of the Bank Secrecy Act for failing to operate an anti-money laundering program at the cryptocurrency exchange. Each founder then agreed to pay a $10 million fine to settle the charges. 

Then, last year, BitMEX was hit with a further $100 million fine for its guilty plea for breach of the United States Bank Secrecy Act. 

But following the election of crypto-friendly President Donald Trump, all three founders were pardoned in 2025.

This post Crypto Derivatives Exchange BitMEX To Shut Down in September first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Why Inaccurate Reporting Hurts Forex Brokerages and How CRM Integration Solves It

Running a forex brokerage means making hundreds of decisions every day.

Which marketing channel is bringing quality traders?

How many leads are converting?

Which clients need more attention?

Are sales teams following up at the right time?

The answer to these questions depends on one important factor: Accurate Reporting.

A data error in a report may seem like a small issue, but for a brokerage, it can affect revenue, customer relationships, compliance, and future growth.

For example, imagine your sales dashboard shows that a campaign generated 1,000 leads. But after checking manually, you find that 300 leads were duplicates or incomplete. Your team has already spent time and money following inaccurate information.

This is where Forex CRM integration becomes valuable. By connecting your CRM with other business systems, you can bring customer data into one place, reduce reporting mistakes, and get a clearer picture of your brokerage performance.

In this article, we will explore why inaccurate reporting creates challenges for forex brokers and how CRM integration helps build a stronger business operation.

Inaccurate Reporting in Forex Brokerages: Problems and CRM Solutions

Accurate reporting is the backbone of a successful forex brokerage. Business owners depend on reports to understand lead performance, track sales activities, monitor client behavior, and plan future growth.

But when reports are inaccurate, it creates confusion across the business. Teams may work with different information, managers may make decisions based on incorrect numbers, and opportunities may be missed.

Let’s look at the common reporting problems forex brokers face and how CRM integration provides practical solutions.

Problem 1: Manual Data Entry Creates Reporting Errors

Many forex brokerages still depend on employees to update customer details, lead information, payment records, and sales activities manually.

While this process may work at a smaller scale, it becomes difficult to manage as the business grows. A simple mistake, such as entering the wrong client status or missing an update, can affect multiple reports.

Solution: Automated Data Management

A Forex CRM integration reduces dependency on manual updates by automatically collecting and organizing information from connected systems.

When client details, lead activities, and transaction information are updated automatically, reports become more accurate, and teams spend less time fixing data errors.

Problem 2: Disconnected Systems Create Data Gaps

Forex brokers usually use multiple platforms to run their operations, including trading systems, payment gateways, marketing tools, and customer support software.

When these platforms work separately, information becomes scattered. The marketing team may have one set of lead numbers, while the sales team works with another. This makes it difficult to understand the actual business performance.

Solution: Connecting All Business Data in One CRM System

CRM integration connects different platforms and brings important information into one central location.

Instead of checking multiple systems, business owners and teams can access a complete view of customer data, sales activities, and business performance from a single platform.

Problem 3: Delayed Reports Slow Down Decision Making

The forex industry moves quickly. Business owners need updated information to understand customer activity, marketing results, and revenue performance.

When reports are delayed, decisions are often made using old information. This can result in missed opportunities and slower responses to business changes.

Solution: Real Time Reporting and Updated Insights

A connected CRM system provides faster access to updated business information.

With accurate and timely reports, brokers can quickly identify:

  • Which marketing campaigns are performing well
  • Which leads need follow-up
  • How sales teams are performing
  • What actions can improve customer engagement?

Problem 4: Duplicate and Incomplete Customer Records

Forex brokers often receive leads from different sources, including websites, advertisements, referrals, and partner networks.

Without proper data management, the same trader may appear multiple times in the system, or important customer details may be missing.

This affects lead reports, sales tracking, and customer analysis.

Solution: Centralized Customer Profiles

CRM integration creates a single customer profile by combining information from different sources.

This helps brokers maintain cleaner records and gives teams a complete understanding of each trader’s journey, from registration to account activity.

Problem 5: Limited Visibility Into Sales and Client Performance

Without connected reporting, business owners may struggle to answer important questions:

  • Which sales channels bring the best traders?
  • How quickly are leads being followed up?
  • Which clients need more attention?
  • Which team members are delivering better results?

Without clear answers, improving performance becomes challenging.

Solution: Better Tracking and Performance Reports

A Forex CRM provides detailed reports on leads, sales activities, and customer interactions.

Managers can track performance more effectively and identify areas where their teams can improve.

Quick Comparison: Before vs After Forex CRM Integration

Choosing the Right Forex CRM Integration Approach

Every forex brokerage has different requirements. A small broker and a large multi-region brokerage may need different solutions.

Before selecting a CRM integration approach, consider these factors:

1. Compatibility With Existing Platforms

Your CRM should connect smoothly with your current systems, including trading platforms, payment solutions, and marketing tools.

s well with your existing setup reduces operational challenges.

2. Data Security

Forex businesses handle sensitive customer information. Choose an integration approach that focuses on protecting client data and controlling access.

3. Reporting Features

A good Forex CRM Software should provide useful reports that support business decisions.

Look for features such as:

  • Sales reports
  • Client activity reports
  • Lead tracking
  • Performance dashboards
  • Custom reporting options

4. Scalability

Your brokerage may grow over time. The CRM system should support increasing numbers of clients, employees, and transactions.

Choosing a scalable solution prevents the need for frequent system changes in the future.

5. Ease of Use

A powerful system is only useful when teams can use it properly.

Choose a CRM integration that is simple for sales, support, and management teams to understand.

Conclusion

Accurate reporting plays a major role in the success of a forex brokerage. When reports contain incorrect information, business owners may lose valuable opportunities, make poor decisions, and struggle to deliver a good customer experience.

The solution is not simply collecting more data. It is about managing data correctly.

Forex CRM integration helps brokers connect their systems, reduce reporting errors, improve sales visibility, and understand their clients better.

For forex businesses looking to grow, having better information is a competitive advantage. With the right integration approach, brokers can make smarter decisions, improve operations, and build stronger relationships with traders.


Why Inaccurate Reporting Hurts Forex Brokerages and How CRM Integration Solves It was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

Jupiter Passes $1T In Cumulative Solana Swap Volume

Jupiter Passes $1T In Cumulative Solana Swap Volume Jupiter has passed $1 trillion in cumulative routing volume, cementing its role as one of the most important DeFi applications in the Solana ecosystem.

The milestone reflects aggregate swap volume routed across connected Solana liquidity pools. Jupiter is not just a single exchange pool. It is an aggregator, meaning it searches across venues to find better pricing and execution for users.

That role makes it central to Solana trading.

When users swap tokens on Solana, Jupiter is often part of the route. Passing $1 trillion in cumulative volume shows how much trading activity has flowed through the platform and how important aggregation has become for low-cost, high-speed DeFi.

TL;DR

  • Jupiter has passed $1 trillion in cumulative Solana routing volume.
  • The platform aggregates liquidity across connected Solana pools.
  • The milestone reinforces Jupiter’s role as a core Solana DeFi venue.
https://x.com/JupiterExchange/status/1814839201948303360

Why Aggregators Matter

Decentralized exchanges can become fragmented.

Liquidity is spread across pools, AMMs, order books, and protocols. If users have to manually search for the best route, trading becomes inefficient. Aggregators solve that problem by routing trades through the best available path.

Jupiter has become Solana’s most recognizable example of that model.

It helps users access deeper liquidity without needing to understand every underlying venue. That is especially useful on Solana, where low fees make smaller and faster trades more practical.

The $1 trillion milestone shows that users are not just experimenting with Jupiter. They are relying on it as part of Solana’s core market structure.

That matters because DeFi ecosystems are often judged by their liquidity layer.

If swaps are cheap, fast, and well-routed, the entire ecosystem becomes easier to use.

Solana DeFi Keeps Maturing

Solana’s early DeFi story was often overshadowed by meme coins and retail trading.

That attention brought volume, but it also made some investors question how much activity was durable. Jupiter’s cumulative volume milestone gives Solana a stronger infrastructure story.

A trillion dollars in routed volume does not happen without repeated use.

It suggests a large amount of trading activity has moved through Solana’s DeFi rails over time. That strengthens the argument that Solana is not only a speculative chain but also a serious venue for decentralized trading.

The launch of Jupiter’s Offerbook lending market adds another layer.

If Jupiter can expand from routing swaps into lending and broader market infrastructure, it may become even more central to Solana’s DeFi stack.

Cumulative Volume Needs Context

The number is impressive, but it should be understood properly.

Cumulative volume is not the same as current daily volume. It reflects all historical routing activity across connected pools. It does not mean $1 trillion is locked in the protocol, and it does not mean that every trade produced equal revenue or user value.

Still, cumulative volume is a useful adoption marker.

It shows that Jupiter has processed meaningful activity over a long period. For users, that can reinforce trust. For developers, it shows where liquidity is flowing. For Solana, it supports the network’s claim to be one of crypto’s leading trading environments.

The next question is how Jupiter maintains that position.

Competition in DeFi is constant. Aggregators need to keep routes efficient, interfaces clean, integrations broad, and execution reliable. If they fall behind, users can move quickly.

Jupiter Is Becoming More Than A Swap Router

The broader story is Jupiter’s evolution.

The platform started as a critical swap aggregator, but it has increasingly expanded into other Solana-native financial products. Offerbook is part of that shift, pointing toward a wider DeFi role beyond simple token swaps.

That matters for Solana.

A strong ecosystem needs anchor applications. Ethereum has Uniswap, Aave, Lido, and Curve. Solana needs its own set of core venues that users return to repeatedly. Jupiter is clearly one of them.

Passing $1 trillion in cumulative routing volume reinforces that position.

For traders, it shows where Solana liquidity is moving. For SOL supporters, it gives a concrete metric supporting the network’s DeFi maturity. For Jupiter, it raises expectations.

The platform now has to prove that it can keep growing beyond aggregation while maintaining the execution quality that made it important in the first place.

For now, the milestone is a strong signal: Solana DeFi has real volume, and Jupiter remains one of its main arteries.

This article is based on Jupiter’s public statement and platform data.

This article was written by the News Desk and edited by Samuel Rae.

This report is based on information released in official primary source disclosures at primary source documentation.

Anchorage Adds Native TRX Staking For Institutional Custody Clients

Reference: GlobeNewswire

Anchorage Adds Native TRX Staking For Institutional Custody Clients

Anchorage Digital has launched native TRX staking for institutional clients, giving investors a way to earn TRON network rewards directly from a regulated custody environment.

The service allows institutions holding TRX with Anchorage to participate in staking without moving assets out of custody. That detail matters because institutional investors often cannot interact with crypto networks the same way retail users do. They need custody controls, reporting, security processes, and compliance procedures before they can access staking yield.

For TRON, the integration adds another institutional layer to a network already known for high stablecoin transfer activity. For Anchorage, it expands the range of supported staking products inside its custody platform.

The move is not about guaranteed yield. Staking rewards depend on network conditions, validator performance, and other variables. But it does show that institutional staking access continues to broaden beyond Ethereum and Solana.

TL;DR

  • Anchorage Digital has launched native TRX staking for institutional custody clients.
  • Institutions can earn TRON staking rewards without moving assets out of Anchorage custody.
  • Reward rates are variable and should not be treated as guaranteed yield.

Why Custody-Based Staking Matters

Staking is easy to describe but harder to deliver for institutions.

A retail holder can often stake through a wallet or exchange with a few clicks. An institution has to think about custody risk, operational approvals, legal requirements, reporting, governance, tax treatment, and whether assets can be moved safely.

That is why native staking from custody is important.

It lets institutions participate in proof-of-stake networks without giving up the controls they need around asset storage. The assets remain inside a managed custody environment while the client still gains access to network rewards.

That model has become increasingly important as more institutions look beyond simple spot exposure.

Holding a token is one thing. Capturing network economics is another. For proof-of-stake assets, staking is part of the return profile, and custody platforms that support it can make the asset more attractive to professional investors.

TRON’s Institutional Story Is Different

TRON is often discussed through the lens of stablecoins.

The network has become one of the most active rails for USDT transfers, especially because transactions are relatively cheap and widely supported. That gives TRON a practical use case even among users who may not pay close attention to the underlying token.

TRX staking adds a different layer.

It connects institutional holders to the network’s consensus and reward structure rather than just its transfer activity. That can help position TRX as more than a gas or settlement token.

Still, the institutional case for TRON is not the same as the case for Ethereum.

Ethereum has broader DeFi, staking, and institutional infrastructure. Solana has a strong high-throughput and consumer-app narrative. TRON’s strength is settlement volume, stablecoins, and global payments-style usage.

Anchorage adding TRX staking suggests that institutions are interested in that network role enough to require custody-grade access.

Rewards Are Variable

The most important caveat is that staking rewards are not fixed.

TRX staking returns can change depending on network participation, validator dynamics, and broader protocol conditions. Clients also need to consider any custody or service fees, as well as operational requirements around staking and unstaking.

That is why this should not be framed as a guaranteed income product.

The better interpretation is that Anchorage is expanding institutional access to native network participation. The reward opportunity is part of the appeal, but the infrastructure is the main story.

For institutions, the ability to stake from custody reduces friction. It may also help satisfy internal risk controls because assets do not need to move into self-managed wallet setups or less familiar platforms.

That is often the difference between interest and actual allocation.

Staking Access Keeps Expanding

The launch fits a wider trend across crypto.

Institutions increasingly want more than passive exposure. They want yield where it is native to the network, but they want it through controlled, compliant channels. Custodians, fund providers, and staking infrastructure companies are responding by building more professional access points.

TRON joining that list through Anchorage gives the network another institutional support signal.

It does not mean TRX demand will automatically rise. It does not mean staking rewards will be large or stable. It does not mean every institution will want exposure to TRON.

But it does make the asset easier to integrate into professional custody workflows.

That matters because institutional adoption often depends less on headlines and more on plumbing. If assets can be held, reported, staked, and managed inside approved systems, they become easier to use.

For TRON, that is the significance of the Anchorage integration. It gives institutional holders a more direct route into network participation while keeping custody standards intact.

This article is based on Anchorage Digital’s TRX staking announcement.

This article was written by the News Desk and edited by Samuel Rae.

This report is based on information released by GlobeNewswire. at GlobeNewswire

Arcus Review: The dYdX Team’s 24/7 Stock-Token DEX

Arcus lets you trade 95 tokenized stocks around the clock with zero spot commission, plus 50x real-world-asset perps, all built by dYdX’s team on Robinhood Chain.

In early July 2026, the team behind dYdX launched Arcus, a self-custodial exchange for trading tokenized stocks around the clock. You can buy exposure to Tesla, Apple, or Amazon at 2 a.m. on a Sunday, and soon trade them with leverage. It was built with Robinhood Crypto and runs on Robinhood Chain.

Traders were not impressed. DYDX, the older token, fell about 23% in a day. This Arcus review covers what the exchange actually does, what a “Stock Token” really is, how the fees work, and why the launch rattled the market.

Join Arcus Perps waiting list

Arcus review summary

  • What it is: A self-custodial DEX for 24/7 tokenized-stock spot trading (95 markets live) and real-world-asset perpetuals (35 markets, still waitlisted).
  • Who built it: dYdX Labs and Robinhood Crypto, jointly. Eddie Zhang is CEO; dYdX founder Antonio Juliano sits on the board. Arcus was incubated at dYdX Labs and now runs on its own.
  • Where it runs: Robinhood Chain, an EVM layer-2 from a broker with 25M+ users. KYC required. Not available in the US, UK, Canada, or other restricted jurisdictions.
  • What it costs: Zero commission on spot, but you pay a spread instead. Perps use a maker/taker schedule plus funding.
  • The token: A future Arcus token is confirmed, with an allocation set aside for the dYdX community. No supply, mechanics, or date yet.
  • Verdict: The most credible on-chain stocks product so far, and a weeks-old beta where the “stocks” are economic exposure, not shares.
Disclosure: This article contains affiliate links. If you open an Arcus account through a link on this page, I may earn a commission at no extra cost to you. It never changes what we write or the numbers we cite.

What is Arcus?

Arcus is a decentralized exchange from dYdX Labs and Robinhood Crypto. The idea is one self-custodial account that handles both spot tokenized stocks now and leveraged perpetuals on the same assets soon. Spot trading is live across 95 Stock Tokens and indices, running 24/7 instead of only during New York market hours. The 35-market perpetuals side is still rolling out from a waitlist.

It runs on Robinhood Chain, an EVM layer-2 built by Robinhood, a broker with more than 25 million users. Block times sit around 100 milliseconds, and the API is built to handle thousands of orders per second. If you have used dYdX, the order-book experience will feel familiar. Same engineering roots, pointed at equities this time.

One thing to be clear about: Arcus is a separate company from dYdX. It is not dYdX v4, and the DYDX token is not the Arcus token.

What Arcus Stock Tokens actually are (read this part)

This is the part worth slowing down on, because it is where people get caught out.

An Arcus Stock Token is not a share. It is a tokenized security that gives you economic exposure to the underlying stock through a contractual claim against the issuer, redeemable for cash. Robinhood’s infrastructure issues the tokens and backs them 1:1, and a proof-of-reserves system is meant to confirm that backing.

What you get: price exposure that tracks the real stock 24/7, genuine self-custody (you can move tokens to your own wallet and use them in DeFi), and dividends and corporate actions passed through at the token layer.

What you don’t get: voting rights, or the ability to redeem for the actual share at a brokerage. You redeem for cash against the issuer instead. The tokens can also be frozen or seized under the issuer’s rules, which is not how a share sitting in your own brokerage account behaves.

So “trade stocks on-chain” is shorthand. What you are really buying is contractual exposure with real counterparty and regulatory terms attached. To its credit, Arcus says so in its docs.

Arcus perpetuals: 50x leverage on stocks and commodities

Spot tokenized stocks already exist in plenty of places. Leverage on them is rarer, and it is where this team has an edge.

Arcus perpetuals cover 35 real-world-asset markets across equities, crypto, commodities, and indices, with up to 50x leverage according to the beta materials. Positions are cross-margined from one account, with the risk machinery you would expect from ex-dYdX engineers: initial and maintenance margin, partial liquidations, an insurance fund, and auto-deleveraging as the last line of defense. Funding payments apply on top of trading fees.

The roadmap is where it gets ambitious. Arcus has said it plans to let you post tokenized stocks and crypto as collateral for perps, and to open pre-IPO trading for private companies like OpenAI. Leveraged, self-custodial exposure to both public and pre-IPO equities would be hard for competitors to copy, if Arcus ships it.

Arcus fees: what “zero commission” really costs

Arcus charges 0% commission on spot Stock Tokens. That is true, but it is not the whole cost.

Spot prices come from an RFQ (request-for-quote) model, so your real cost is the spread baked into each quote rather than a line-item fee. Perps use a tiered maker/taker schedule, with maker rebates paid out over epochs, plus funding. You can fund the account with cash or crypto through a bridge, so bridging and FX costs may apply depending on how you get in.

If you trade actively, judge Arcus on effective cost per round trip, not on the “$0 commission” headline.

Why the DYDX token dropped 23% after the Arcus launch

On launch day, DYDX fell roughly 23% in 24 hours to around $0.138, adding to what had already been a rough stretch.

The reasoning behind the sell-off was easy to follow. Arcus is a separate entity with its own future token, built on a broker’s layer-2 rather than the Cosmos-based dYdX Chain. Traders decided that revenue from tokenized-stock and perp trading would accrue to Arcus, not to DYDX stakers, and that the core team’s focus was drifting away from the appchain DYDX secures.

The dYdX Foundation moved quickly to calm things down. On July 1, 2026 it said Arcus and the dYdX Chain are entirely separate ecosystems, and that the Arcus launch has zero operational or economic impact on dYdX Chain. That reassured appchain holders, but it also confirmed the fear underneath the sell-off: the promising new product and the existing token sit in separate boxes.

The one thread connecting them is that reserved allocation of the future Arcus token for the dYdX community. If you traded, staked, or validated on dYdX, that is the reason to keep an account active.

How Arcus compares to xStocks, Ondo, and Robinhood

Tokenized equities are already a competitive market. The on-chain portion is worth well over a billion dollars, and three names hold most of the activity:

  • Ondo Global Markets leads with roughly half the on-chain market and a catalog of 200+ tokenized US equities and ETFs.
  • xStocks (Backed Finance) did over $10 billion in combined volume within six months and passed 80,000 holders by mid-2026. Kraken agreed to buy the issuer outright.
  • Robinhood’s Classic Stock Tokens grew from about 200 to more than 2,000 tokens for users in the EU and EEA.

Arcus is not competing on catalog size. Its angle is the combination: spot and leveraged perps on the same assets, in one self-custodial account, from the team with the strongest perp-DEX track record in crypto, on infrastructure funded by the broker that issues the underlying tokens. That is a narrower bet than listing everything, and probably a sturdier one.

Is Arcus available in your country, and should you use it?

First, the gate. Arcus is not available in the US, UK, Canada, or several other restricted jurisdictions, and KYC enforces the residency check. The launch covered more than 120 eligible countries.

If you are in one of those countries, comfortable with KYC, and clear that you are buying economic exposure rather than equity, Arcus is worth an early account. Nothing else quite matches leveraged, self-custodial exposure to stocks and commodities right now.

If not, wait. The product is a few weeks old, perps are still behind a waitlist, and the token that would reward early users has not published a single number yet. Whatever you put in, size it like a beta.

Arcus FAQ

Is Arcus the same as dYdX?

No. Arcus is a separate company on a different chain, built by the same team. dYdX v4 keeps running on its own, and DYDX is not the Arcus token.

Can I use Arcus in the US?

No. The US, UK, Canada, and other restricted jurisdictions are excluded, and KYC enforces the residency check.

Are Arcus Stock Tokens real shares?

No. They track the price and are backed 1:1, but carry no voting rights and can’t be redeemed for actual shares, only for cash against the issuer.

Is there an Arcus airdrop?

A future Arcus token is confirmed, with an allocation reserved for the dYdX community. No supply, mechanics, or date has been published, so treat any “airdrop” claim as speculation for now.

Is Arcus safe?

It is self-custodial, with proof of reserves and an insurance fund on perps. On the other side, it is a weeks-old beta, and Stock Tokens are regulated instruments with real counterparty terms. Read the docs before you size up.

Arcus review: the verdict

Arcus is the most credible on-chain stocks product so far. It has the right team, Robinhood’s backing and infrastructure, 1:1 issuance, zero spot commission, and real self-custody. The caveats are just as real: a very young beta, a KYC and geo gate that locks out three major markets, a “zero fee” that is actually a spread, and “stocks” that are economic exposure rather than equity.

If you qualify and you understand that trade-off, open a small account and learn the product. If you don’t, keep an eye on the token announcement. That is the next real catalyst worth watching.

This article is for informational purposes only and is not financial advice. Trading tokenized securities, crypto, and leveraged perpetuals carries a substantial risk of loss. Do your own research and never risk more than you can afford to lose.


Arcus Review: The dYdX Team’s 24/7 Stock-Token DEX was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

UK Adopts ‘No Gain, No Loss’ Tax Treatment for Crypto Lending and Liquidity Pools

Bitcoin Magazine

UK Adopts ‘No Gain, No Loss’ Tax Treatment for Crypto Lending and Liquidity Pools

The United Kingdom’s HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as “no gain, no loss,” deferring Capital Gains Tax until a user makes an economic disposal of the underlying cryptocurrency.

The measure, published Monday, takes effect 6 April 2027 and applies to individuals and trustees who enter cryptoasset loan and liquidity pool arrangements, according to the policy paper. 

It amends the Taxation of Chargeable Gains Act 1992.

The rules cover three scenarios. In a single cryptoasset lending arrangement, a user who acquires or disposes of an interest in exchange for cryptoassets of the same type as those invested will be taxed on a no-gain-no-loss basis. 

Borrowing arrangements will treat borrowed cryptoassets as acquired at market value at the time of borrowing, with any collateral disregarded for Capital Gains Tax purposes.

For automated market-making arrangements — liquidity pools operated through smart contracts — a user acquiring an interest in exchange for the same type of cryptoasset is also taxed on a no-gain-no-loss basis. On exit, that treatment holds to the extent the user receives the same quantity first invested. Any difference between what was invested and what is received triggers a gain or a loss.

HMRC said the change aligns tax treatment with the economics of these arrangements, recognizing gains and losses only when a participant makes an economic disposal.

HMRC simplifies DeFi crypto tax rules

The measure addresses problems that arose from HMRC’s own 2022 guidance, which stakeholders said produced disproportionate administrative burdens. 

A call for evidence ran from July to August 2022, followed by a consultation between 27 April and 22 June 2023 that sought to align tax with economic substance by not treating crypto used in DeFi lending and liquidity pools as a taxable disposal. 

HMRC published a summary of responses at Budget 2025 and set out its approach at that time.

The change is expected to affect about 700,000 individuals who engage in these transactions, according to the paper. HMRC said users will benefit from a framework that is easier to understand.

The current UK regime treats crypto as an investment asset, with selling, swapping, or spending it counting as a disposal for Capital Gains Tax at 18% for basic-rate taxpayers and 24% for higher-rate taxpayers. The new treatment modifies that disposal rule for certain lending and liquidity pool arrangements.

Final costing will be subject to scrutiny by the Office for Budget Responsibility and set out at a future fiscal event. HMRC said the measure is not expected to have any significant macroeconomic impact.

This post UK Adopts ‘No Gain, No Loss’ Tax Treatment for Crypto Lending and Liquidity Pools first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Dogecoin Traders Watch Moving Averages As DOGE Tries To Build A Cleaner Rebound

Dogecoin is trying to turn a support hold into something more useful. The chart setup has traders watching key moving averages, because those levels often decide whether a rebound becomes a trend or fades into another failed bounce.

DOGE remains a sentiment-heavy asset, but that does not mean technical levels are irrelevant. Meme coins can move violently once attention returns, and traders often use simple levels to decide when to chase or step back.

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View original post on X

TL;DR

  • Dogecoin is testing a rebound setup around key moving-average levels.
  • The chart-led source points to a possible recovery path if buyers keep defending support.
  • The X chart source should be embedded immediately after this TL;DR in the final WordPress post.
https://x.com/doge_trader/status/2075577123984621084

Why Moving Averages Matter Here

Moving averages give traders a quick way to assess whether momentum is repairing. When price reclaims an important average and holds above it, buyers get a cleaner signal. When it fails there, the market often treats the rebound as weak.

For DOGE, that distinction matters because the asset still depends heavily on attention and liquidity. A technical reclaim can help pull traders back in.

The Meme Coin Risk

The risk is that the setup relies too much on short-term enthusiasm. Without volume, even a good-looking DOGE chart can stall quickly. That is why follow-through matters more than the first bounce.

For now, Dogecoin has a level to trade around. Bulls need to prove that buyers are doing more than defending a temporary floor.

Why The Detail Matters Now

The practical takeaway is that Dogecoin stories now have to be read through both market structure and product execution. A headline can create attention, but the more durable signal is whether the underlying source points to real activity, a real filing, a real integration, or a measurable change in how users and institutions behave.

That is why this development is worth separating from ordinary market noise. It gives readers a specific point to track over the next few sessions rather than a vague reason to be bullish or bearish. If follow-up data confirms the direction, the story can build. If not, it still gives the market a clearer snapshot of where attention is concentrating today.

The Market Read

The cleaner way to read this story is not to force it into a simple bullish or bearish box. For Dogecoin readers, the useful part is the change in context. A new filing, integration, market signal, or regulatory step can alter how traders think about the next few sessions even when it does not instantly change price.

That is especially true after the last few volatile weeks, when crypto has been dealing with a mix of ETF flows, legal updates, exchange listings, protocol upgrades, and shifting liquidity. The market is no longer reacting to one dominant theme. It is weighing several smaller signals at once, and that makes source-backed developments more important than ordinary chatter.

Why Readers Should Keep This On The Radar

For Bitcoinist readers, the important question is what this changes from here. If follow-up data, filings, governance updates, or wallet movement confirm the direction, the story can develop into a larger market theme. If the next update is weak, delayed, or contradicted by new data, the market may quickly move on.

That is why the scope matters. This article is not treating the development as a guaranteed price trigger. It is treating it as a fresh signal inside a market that is trying to sort durable activity from short-term noise. The distinction is important because crypto narratives can move faster than the facts behind them.

The next thing to watch is whether this becomes part of a wider pattern. In some cases that means more institutional flows. In others it means stronger developer adoption, cleaner regulatory access, deeper exchange liquidity, or a clearer technical roadmap. Either way, the story is strongest if it is followed by measurable execution rather than another round of speculative headlines.

This article is based on the chart-led X post linked above.

This article was written by the News Desk and edited by Samuel Rae.

This report is based on information from X. at X

Dogecoin Cools Near Support As Meme Traders Wait For A Cleaner Breakout Signal

Dogecoin is back in one of those awkward areas where both bulls and bears can make a case. Price has cooled into support rather than collapsing, which gives buyers something to defend. But it has not yet produced the kind of clean breakout that would make the next leg obvious.

That is why the current setup matters. DOGE often moves sharply once momentum arrives, but the build-up can be messy. Traders watching this chart are trying to decide whether the current range is accumulation or simply a pause before another fade.

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TL;DR

  • Dogecoin is consolidating near a key support area, according to the chart-led source.
  • The market is watching whether DOGE can turn that base into another move higher.
  • The X chart source should be embedded immediately after this TL;DR in the final WordPress post.
https://x.com/doge_trader/status/2075577123984621084

Why Support Matters For DOGE

Meme coins trade on attention, but they still respect liquidity zones. When DOGE holds above a known support area, it tells traders that buyers are still willing to step in before panic takes control.

That does not guarantee a rally. It simply means the market has a level to trade against. If that level holds and volume improves, the bullish case becomes easier to defend.

The Risk Is Still Momentum Failure

The danger for DOGE is that sideways action turns into apathy. Meme assets need attention and follow-through. Without fresh volume, a support bounce can lose strength quickly.

For now, this is a watch-the-levels setup rather than a victory lap. Bulls want a clean push above nearby resistance. Bears want support to crack and confirm that the rebound was only temporary.

Why The Detail Matters Now

The practical takeaway is that Dogecoin stories now have to be read through both market structure and product execution. A headline can create attention, but the more durable signal is whether the underlying source points to real activity, a real filing, a real integration, or a measurable change in how users and institutions behave.

That is why this development is worth separating from ordinary market noise. It gives readers a specific point to track over the next few sessions rather than a vague reason to be bullish or bearish. If follow-up data confirms the direction, the story can build. If not, it still gives the market a clearer snapshot of where attention is concentrating today.

The Market Read

The cleaner way to read this story is not to force it into a simple bullish or bearish box. For Dogecoin readers, the useful part is the change in context. A new filing, integration, market signal, or regulatory step can alter how traders think about the next few sessions even when it does not instantly change price.

That is especially true after the last few volatile weeks, when crypto has been dealing with a mix of ETF flows, legal updates, exchange listings, protocol upgrades, and shifting liquidity. The market is no longer reacting to one dominant theme. It is weighing several smaller signals at once, and that makes source-backed developments more important than ordinary chatter.

Why Readers Should Keep This On The Radar

For NewsBTC readers, the important question is what this changes from here. If follow-up data, filings, governance updates, or wallet movement confirm the direction, the story can develop into a larger market theme. If the next update is weak, delayed, or contradicted by new data, the market may quickly move on.

That is why the scope matters. This article is not treating the development as a guaranteed price trigger. It is treating it as a fresh signal inside a market that is trying to sort durable activity from short-term noise. The distinction is important because crypto narratives can move faster than the facts behind them.

The next thing to watch is whether this becomes part of a wider pattern. In some cases that means more institutional flows. In others it means stronger developer adoption, cleaner regulatory access, deeper exchange liquidity, or a clearer technical roadmap. Either way, the story is strongest if it is followed by measurable execution rather than another round of speculative headlines.

This report is based on the chart-led X post linked above.

This article was written by the News Desk and edited by Samuel Rae.

Source: X

Dogecoin Breakout Watch Returns As DOGE Traders Aim For $0.13

Dogecoin Breakout Watch Returns as DOGE Traders Aim For $0.13 is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. DOGE can move quickly when technical structure and retail attention meet, which is why traders are watching this chart setup closely.

The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually moving.

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TL;DR

  • Dogecoin traders are watching a technical recovery setup.
  • The $0.13 area is being treated as a key short-term target by chart watchers.
  • The setup still depends on broader market strength and retail follow-through.
https://x.com/doge_trader/status/2075256793470906570

What The Chart Is Really Saying

The X chart focuses on DOGE reclaiming a key moving average.

A push toward $0.13 would give bulls a clearer short-term continuation target.

Chart-led stories need a lighter touch. An analyst post can frame a setup, but it should not be treated as confirmation that a move has to happen. The value is in identifying the level traders are watching and explaining why it matters.

Why Caution Still Matters

As always with memecoin setups, the risk is that momentum fades as quickly as it appears.

That is especially true with memecoins, where technical structure can change quickly if broader risk appetite fades or retail attention moves somewhere else.

For Bitcoinist readers, the practical takeaway is to avoid treating this as an isolated headline. The stronger read is to connect it with the current market environment: liquidity is still selective, regulatory pressure has not disappeared, and the projects that keep shipping useful updates are the ones most likely to hold attention when the cycle gets noisy.

That does not mean the story should be stretched beyond what the source supports. The cleaner approach is to keep the facts tight, explain the mechanism, and show readers why it may matter if follow-up data confirms the same direction over the next few sessions.

In other words, this is a development to watch rather than a guaranteed turning point. Crypto moves quickly, but the useful signals are usually the ones that still make sense after the first reaction fades.

The important thing for readers is context. A single development rarely defines the market on its own, but a series of source-backed updates can show where momentum is building. That is why this article keeps the focus on the specific mechanism in play, the source behind it, and the reason traders or builders may care today.

This article is based on information from x.com.

This article was written by the News Desk and edited by Samuel Rae.

This report is based on information from X. at X

Dogecoin Traders Watch $0.13 As DOGE Reclaims A Key Technical Level

Dogecoin Traders Watch $0.13 as DOGE Reclaims A Key Technical Level is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Dogecoin is at its most interesting when technical traders and retail attention line up at the same time.

The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually moving.

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TL;DR

  • A Dogecoin chart analyst flagged a move back above a key moving average.
  • DOGE bulls are now watching whether the price can push toward the $0.13 zone.
  • The setup is technical, not guaranteed, and depends on broader market follow-through.
https://x.com/doge_trader/status/2075256793470906570

What The Chart Is Really Saying

The chart-led setup focuses on DOGE reclaiming a moving average that traders often use as a short-term trend marker.

The $0.13 region is being watched as the next meaningful resistance zone.

Chart-led stories need a lighter touch. An analyst post can frame a setup, but it should not be treated as confirmation that a move has to happen. The value is in identifying the level traders are watching and explaining why it matters.

Why Caution Still Matters

Because the source is chart-led, the article should stay analytical and avoid treating the setup as a prediction.

That is especially true with memecoins, where technical structure can change quickly if broader risk appetite fades or retail attention moves somewhere else.

For NewsBTC readers, the practical takeaway is to avoid treating this as an isolated headline. The stronger read is to connect it with the current market environment: liquidity is still selective, regulatory pressure has not disappeared, and the projects that keep shipping useful updates are the ones most likely to hold attention when the cycle gets noisy.

That does not mean the story should be stretched beyond what the source supports. The cleaner approach is to keep the facts tight, explain the mechanism, and show readers why it may matter if follow-up data confirms the same direction over the next few sessions.

In other words, this is a development to watch rather than a guaranteed turning point. Crypto moves quickly, but the useful signals are usually the ones that still make sense after the first reaction fades.

The important thing for readers is context. A single development rarely defines the market on its own, but a series of source-backed updates can show where momentum is building. That is why this article keeps the focus on the specific mechanism in play, the source behind it, and the reason traders or builders may care today.

This article is based on information from x.com.

This article was written by the News Desk and edited by Samuel Rae.

This report is based on information from X. at X

Cardano Node 9.0.2 Hotfix Keeps Chang Hard Fork Preparations Moving

Cardano’s road to the Chang hard fork is now deep in the practical maintenance stage. The release of Node 9.0.2 is not the kind of update that generates glossy marketing, but it is exactly the kind of technical cleanup that matters before a major governance transition.

For Cardano, these last-mile releases are important because Chang is not just another routine upgrade. It is tied to the network’s move toward more formal decentralized governance, which means validator readiness and script reliability carry real weight.

For more details, visit the official GitHub platform.

TL;DR

  • Cardano developers released node version 9.0.2.
  • The hotfix addresses governance and script-related issues ahead of the Chang hard fork.
  • The update is recommended for mainnet staking pool operators.

Why A Hotfix Is Worth Covering

The release notes point to fixes around script verification and governance-related stability. That makes the update relevant to staking pool operators, developers, and anyone watching whether Cardano can move into the next phase without unnecessary technical friction.

Crypto markets often prefer big milestones, but networks usually get there through smaller patches. A hotfix can be the difference between a smooth hard fork path and one cluttered with avoidable issues.

The Chang Context

Chang has become a central part of Cardano’s current narrative because it is meant to push the network further into on-chain governance. That sounds abstract until the software has to support it under real-world conditions.

Node 9.0.2 sits inside that preparation window. It signals that developers are still tightening the implementation before the network asks operators to coordinate around the upgrade.

What ADA Holders Should Take From It

This is not a guaranteed price catalyst. A bugfix release rarely is. But it is a sign that Cardano’s technical process is still active and focused on getting the governance transition right.

For a project often criticized for moving slowly, the more important question is whether it keeps moving carefully. This release suggests the final hard fork preparation remains in motion.

Why The Timing Matters

The useful way to read this story is not as a standalone headline about Cardano, but as part of the wider pressure building around Cardano coverage this week. Markets have been jumping quickly from one catalyst to the next, so the cleaner value for readers is in separating the actual development from the instant reaction around it. In this case, the source material gives us a concrete event to work from, rather than a loose rumour or a recycled social-media talking point.

That distinction matters because crypto readers are being asked to process a lot at once: ETF flows, regulatory actions, exchange listings, protocol upgrades, wallet movements, and political signals. A story like this is most useful when it helps them understand where Node 9.0.2 fits into that broader map. It does not need to be inflated into a guaranteed price call to be worth covering. It simply needs to explain what changed, who is affected, and why the market is paying attention today.

The caveat is also important. Even clean source-backed developments can be overinterpreted when traders are hunting for a fast narrative. A listing does not automatically create lasting demand, a regulatory update does not immediately settle every legal question, and an on-chain movement does not always translate into a finished sale. The better read is to treat the development as a fresh data point and then watch whether follow-up activity confirms the direction of travel.

For NewsBTC readers, that means keeping the focus on what can actually be verified from the source and avoiding the temptation to turn every update into a sweeping market verdict. The story is strong enough on its own terms: it gives investors and traders another piece of context around Cardano, while leaving room for the next filing, dashboard update, wallet movement, governance vote, or exchange notice to decide whether the angle grows into something bigger.

This report is based on the Cardano node release notes.

This article was written by the News Desk and edited by Samuel Rae.

Source: GitHub

WEMIX Trading On Kraken Gives Gaming Tokens Another Liquidity Test

WEMIX going live on Kraken gives the Web3 gaming token a cleaner liquidity venue, but the more interesting question is what traders do with it now. Gaming tokens have been through several hype cycles, and exchange access alone is no longer enough to carry a narrative.

The useful way to read this is not as a guaranteed price signal, but as a fresh piece of information in a market that is trying to sort real developments from noise. The listing is useful because it puts WEMIX back in front of traders at a time when gaming tokens are trying to prove there is still a serious investment case behind the category.

For more details, visit the official Kraken platform.

TL;DR

  • WEMIX spot trading went live on Kraken.
  • The token is tied to Web3 gaming infrastructure.
  • The listing offers a fresh test of whether gaming tokens can attract liquidity beyond niche communities.

A listing is a start, not a thesis

Kraken can improve access and visibility, especially for users who prefer established venues. That matters, but it is only the first step. Sustained demand still depends on whether the underlying ecosystem can generate real engagement.

The listing is useful because it puts WEMIX back in front of traders at a time when gaming tokens are trying to prove there is still a serious investment case behind the category.

The Market Read

Keep this distinct from NewsBTC by focusing on gaming-token liquidity.

That is the balance readers need to keep in mind. Crypto markets are quick to turn every update into a single-direction trade, but most durable stories are more layered than that. They matter because they change positioning, incentives, infrastructure, or regulation over time.

What Comes Into Focus Now

From here, the important thing is follow-through. If the source data, company update, filing, or on-chain record continues to move in the same direction, this can become part of a larger trend. If it stalls, it is still useful as a snapshot of where attention is sitting today.

For traders and readers, the cleaner takeaway is to separate the confirmed development from the speculation around it. The confirmed part is what deserves coverage. The speculation is what needs caution.

For Kraken readers specifically, the story is useful because it gives a clearer frame for the next few sessions. It tells them what to watch, which part of the market is reacting, and where the first obvious risk sits. That is more valuable than simply saying a token, company, or regulator has made a move. The useful work is in connecting the update to liquidity, positioning, adoption, enforcement, or user behaviour without pretending that any single headline controls the whole market.

The practical question now is whether this remains an isolated update or becomes part of a chain of follow-through. A second filing, another wallet move, fresh dashboard data, a new governance vote, or a stronger market reaction can all turn a clean single-day story into a broader narrative. Without that follow-through, it still matters, but more as a marker of where attention was concentrated on July 8 than as a complete trend on its own.

That distinction is especially important in a market where headlines can travel faster than context. A source-backed update gives readers something firmer to work with, but it does not remove liquidity risk, execution risk, or the chance that traders fade the initial reaction once the first wave of attention passes.

In that sense, the headline is only the starting point. The better read is to watch how builders, exchanges, funds, wallets, regulators, or large holders respond after the first announcement has moved through the feed.

This report is based on information from blog.kraken.com.

This article was written by the News Desk and edited by Samuel Rae.

Source: Kraken

WEMIX Trading On Kraken Gives Gaming Tokens Another Liquidity Test

WEMIX going live on Kraken gives the Web3 gaming token a cleaner liquidity venue, but the more interesting question is what traders do with it now. Gaming tokens have been through several hype cycles, and exchange access alone is no longer enough to carry a narrative.

The useful way to read this is not as a guaranteed price signal, but as a fresh piece of information in a market that is trying to sort real developments from noise. The listing is useful because it puts WEMIX back in front of traders at a time when gaming tokens are trying to prove there is still a serious investment case behind the category.

For more details, visit the official Kraken platform.

TL;DR

  • WEMIX spot trading went live on Kraken.
  • The token is tied to Web3 gaming infrastructure.
  • The listing offers a fresh test of whether gaming tokens can attract liquidity beyond niche communities.

A listing is a start, not a thesis

Kraken can improve access and visibility, especially for users who prefer established venues. That matters, but it is only the first step. Sustained demand still depends on whether the underlying ecosystem can generate real engagement.

The listing is useful because it puts WEMIX back in front of traders at a time when gaming tokens are trying to prove there is still a serious investment case behind the category.

The Market Read

Keep this distinct from NewsBTC by focusing on gaming-token liquidity.

That is the balance readers need to keep in mind. Crypto markets are quick to turn every update into a single-direction trade, but most durable stories are more layered than that. They matter because they change positioning, incentives, infrastructure, or regulation over time.

What Comes Into Focus Now

From here, the important thing is follow-through. If the source data, company update, filing, or on-chain record continues to move in the same direction, this can become part of a larger trend. If it stalls, it is still useful as a snapshot of where attention is sitting today.

For traders and readers, the cleaner takeaway is to separate the confirmed development from the speculation around it. The confirmed part is what deserves coverage. The speculation is what needs caution.

For Kraken readers specifically, the story is useful because it gives a clearer frame for the next few sessions. It tells them what to watch, which part of the market is reacting, and where the first obvious risk sits. That is more valuable than simply saying a token, company, or regulator has made a move. The useful work is in connecting the update to liquidity, positioning, adoption, enforcement, or user behaviour without pretending that any single headline controls the whole market.

The practical question now is whether this remains an isolated update or becomes part of a chain of follow-through. A second filing, another wallet move, fresh dashboard data, a new governance vote, or a stronger market reaction can all turn a clean single-day story into a broader narrative. Without that follow-through, it still matters, but more as a marker of where attention was concentrated on July 8 than as a complete trend on its own.

That distinction is especially important in a market where headlines can travel faster than context. A source-backed update gives readers something firmer to work with, but it does not remove liquidity risk, execution risk, or the chance that traders fade the initial reaction once the first wave of attention passes.

In that sense, the headline is only the starting point. The better read is to watch how builders, exchanges, funds, wallets, regulators, or large holders respond after the first announcement has moved through the feed.

This report is based on information from blog.kraken.com.

This article was written by the News Desk and edited by Samuel Rae.

Source: Kraken

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