Canary Capital has filed with the SEC to launch a U.S. Tron (TRX) ETF that would include staking benefits, allowing investors to earn extra yield. 

The S&P 500 futures fall 1.5% amid US-China trade concerns and Fed warning; over 100 companies will report earnings this week. Gold hit a record ~$3,375, up 1.43%, on safe-haven demand amid tariff and geopolitical worries. Fed hawkishness may cap gains. CoinDesk Indices, which tracks the broader crypto market, rose 1.80% in the past 24 hours, while Bitcoin and Ether gained 2.70% and 3.41%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is STX, up 9.4%, following the announcement of Stacks gaining institutional support with major exchange listings and custodian backing.

Stacks (STX), founded in 2013, is a cryptocurrency project that enhances the Bitcoin blockchain by enabling decentralized apps (DApps) and smart contracts without altering Bitcoin's features. It operates as a Bitcoin Layer 2 (L2) blockchain, ensuring security through Bitcoin while allowing developers to build modular applications on top of the network. 

 with its listing on top 15 exchanges, the launch of the Grayscale STX Trust, and support from top-tier custodians like BitGo, Copper, and Figment.

Check out the latest prices, charts, and data of 

Canary Capital has filed with the SEC to launch a U.S. Tron (TRX) ETF that would include staking benefits, allowing investors to earn extra yield. This proposal is part of a broader trend, with Canary also seeking approval for ETFs based on assets like XRP, Solana, and Sui. The fund would aim to provide exposure to Tron’s price, but the SEC has yet to approve staking in crypto ETFs. This move follows the success of Bitcoin and Ethereum ETFs, which have attracted significant institutional interest.

During the week of April 14–18, 2025, U.S. Bitcoin spot ETFs recorded a modest net inflow of $13.7 million, entirely from non-GBTC products, as GBTC saw no activity. Since inception, total net inflows have reached $35.5 billion, with non-GBTC ETFs contributing $58.3 billion and GBTC experiencing $22.8 billion in outflows.

Orochi Network airdrop participants can now 

 their earned $ON tokens on the Monad Testnet to increase their Bonus Level and earn rewards faster. A minimum of 50 ON is required for the first claim, and subsequent claims have no minimum. New users can still join by signing up and starting the Prover. Daily check-ins open at 6 AM UTC and fill up quickly.

Beginner

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Canary Capital files for SEC approval of Tron ETF with staking benefits

There are a total of five ways you can buy USDC on Bybit: via Bybit P2P, Bybit One-Click Buy, Auto-Invest, Bybit Card and Bybit Convert. Learn more here.

 that maintains a 1:1 value with the US dollar through full reserves held in regulated financial institutions. This stability makes USDC an attractive option for traders looking to participate in the crypto market with reduced price volatility.

In this guide, we’ll explore the multiple ways to buy USDC on Bybit, detailing five distinct purchasing methods tailored to different preferences. You'll also discover practical applications for your USDC holdings, from trading opportunities to payment solutions and investment strategies.

Whether you prefer trading directly with other users or making quick purchases with a credit card, there's an option for you. Let's examine each method in detail.

 allows individuals and businesses to buy and sell USDC via peer-to-peer mode without intermediaries. You simply transact with another trader to purchase or sell your crypto with zero fees.

There are two main parties on the P2P platform — makers and takers. Makers place ads for buying or selling cryptocurrency, while takers are the users who place orders through the existing ads created by makers. Neither makers nor takers pay any fees on completed orders.

If you decide to go the P2P route to buy your USDC, you can either place a buy ad as a maker, or select an existing offer as a taker. Placing ads is completely free, although specific trading activity requirements exist. If you're a beginning trader on the platform, and want the easiest way to purchase USDC, selecting an offer from an existing ad as a taker is probably the preferred route.

If you need to trade USDC in large volumes (typically tens or hundreds of thousands of USDC per transaction), you may also choose to consider 

, which offers high order limits — up to $200,000 per order — as well as expedited transaction processing.

 feature to complete your USDC order efficiently. HotSwap combines offers from P2P traders with liquidity options from third parties, potentially delivering more choices and options.

Steps for buying USDC via the standard P2P option

2. How to buy USDC via Bybit One-Click Buy

The One-Click Buy service lets you quickly purchase crypto using several supported payment modes: P2P, bank card payments, third-party payments and your account's fiat balance. You can use a credit or debit card (including the Mastercard-powered 

), bank transfers, Apple Pay, Google Pay and other payment methods.

 is another way to purchase USDC on Bybit. The Auto-Invest option allows you to automatically buy crypto at regular intervals using the popular 

Bybit Card is a Mastercard crypto debit card that allows you to make online payments. The card is available to users in specific regions — EEA and CH, AIFC, Australia, Brazil and Argentina — with more locations to be added in the future. It's accepted by more than 90 million merchants within the Mastercard network. Upon successfully applying for your Bybit Card, you may proceed to 

 while you order and wait for your physical card to arrive. 

It's easy to buy USDC using the Bybit Card, as you enjoy reward features like loyalty points and cashback for USDC transactions. The steps for buying USDC using the Bybit Card are nearly the same as shown above in the One-Click Buy section, the only difference being that you'll need to specify your Bybit Card as the preferred payment method.

 lets you easily swap crypto assets without directly trading through the P2P route or other channels. Using Bybit's order books, the platform matches your order with current suitable orders and executes the requested swap. By leveraging Bybit's vast trading volumes and activity, Bybit Convert enables swift and efficient swaps.

If you have non-USDC crypto funds in your account, you can take advantage of the 

 function to buy the stablecoin as follows:

Steps to for buying USDC via Bybit Convert

USDC is more than just a stablecoin for trading; it offers various applications within and beyond the Bybit ecosystem.

USDC serves as a reliable base currency for trading various cryptocurrencies on Bybit.

Trading with USDC helps mitigate volatility risks between trades, as its value remains stable at approximately $1, allowing traders to preserve capital during market downturns.

USDC has emerged as a popular payment method due to its stability and wide acceptance.

Platforms on which users can make USDC payments include Travala for travel bookings, Newegg for electronics, and various crypto-friendly merchants via payment processors, such as BitPay and Coinbase Commerce.

USDC offers various investment opportunities on Bybit and beyond.

The benefit of investing with USDC is that your principal amount remains stable while generating returns, which is particularly attractive in volatile market conditions.

USDC combines dollar stability with digital efficiency on the Bybit platform. This guide has detailed five ways to purchase USDC, and explored its versatile applications for trading, payments and investing. Armed with this knowledge, you can confidently navigate Bybit's ecosystem and make the most of what USDC has to offer.

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A complete guide on how to buy USDC on Bybit

Apr 21, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly highlight — Trump wants to fire Powell? 

US president Donald Trump is actively considering firing Federal Reserve Chairman Jerome Powell, following Trump's public criticism of Powell for not moving quickly enough to reduce interest rates. National Economic Council Director Kevin Hassett confirmed that the administration is examining this option, suggesting that Powell's actions have politically favored Democrats. Hassett argued that the Federal Reserve's decision to raise interest rates shortly after Trump took office was intended to undermine the economic impact of the tax cuts implemented during his administration, which were deemed inflationary. He further criticized the Fed for not addressing inflation concerns stemming from federal spending under President Biden, implying a lack of accountability.

During a recent press conference, Trump conveyed his dissatisfaction with Powell, asserting that if he wanted to remove him, it could happen "real fast." While he did not explicitly state his intention to dismiss Powell, his remarks highlighted the growing tensions between the White House and the Federal Reserve regarding monetary policy. Hassett defended Trump's frustrations, advocating for a focus on economic policy rather than interpersonal conflicts. This situation underscores the complex dynamics between the executive branch and the central bank, as Trump navigates economic challenges leading up to the next election.

Weekly crypto highlight — XRP ETF coming

HashKey Capital has officially launched the HashKey XRP Tracker Fund, marking the first investment fund in Asia designed specifically to track the performance of XRP, the digital asset integral to Ripple's global payment ecosystem. This fund is aimed at professional investors and offers a unique opportunity to gain exposure to XRP without the complexities of direct asset management. Investors can subscribe through cash and in-kind options, with the fund providing monthly liquidity.

Ripple, as an early backer of the fund, is looking to enhance its strategic partnership with HashKey Capital, which already manages Hong Kong–listed spot ETFs for Bitcoin and Ethereum. This collaboration not only solidifies Ripple's presence in the Asian market, but also opens avenues for future financial products, such as the potential tokenization of a money market fund on the XRP Ledger. Fiona Murray, Ripple's Managing Director for the Asia-Pacific region, highlighted that this partnership is part of a broader strategy to introduce more regulated cryptocurrency products for institutional investors in the region, aiming to foster a more robust crypto landscape in Asia.

Advanced

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Weekly Institutional Insights: Trump’s desire to fire Powell might induce volatility; XRP ETF coming

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards.

Daily top performer — Pyth Network (PYTH)

The S&P 500 dropped 1.5% to 5,282.70 this week, down 5.9% in April and 10% year-to-date, led by tech losses. Real estate and energy outperformed, while political pressure on Fed Chair Powell and inflation concerns weighed on sentiment. Gold dipped 0.6% to $3,319 after a record high, as Powell’s stagflation warning tempered its rally. Despite the pullback, the uptrend remains intact. The Coindesk Indices, which tracks the broader crypto market, are up by 0.77%, with Bitcoin and Ether rising 0.64% and 0.72%, respectively, over the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is PYTH, up 10.1%, following the launch of Pyth Entropy for secure on-chain random number generation by Soneium.

Pyth Network (PYTH),  is a blockchain oracle system that delivers real-time crypto price data to blockchains, enabling smart contracts to react to market changes. Soneium 

 Pyth Entropy, a tool for securely generating random numbers on-chain. Two apps, HandsNFT AI and 2p2e, are already utilizing Pyth Entropy to create unpredictable and engaging experiences.

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards. This approval follows recent changes to local laws, with China Asset Management (ChinaAMC) partnering with OSL Digital Securities to launch the ETF by May 15. The ETF will offer exposure to Ethereum staking, transforming it from a passive investment into an active participant in the Ethereum network. The staking process is powered by Kiln, with OSL providing custody and insurance services. The rewards will contribute to the ETF's net asset value, benefiting shareholders.

Yesterday, Bitcoin spot ETFs saw $25.9M in inflows, all from non-GBTC funds, while GBTC recorded no flow.

" and a points campaign called Drops, where users can earn points—potentially leading to an airdrop—by engaging with Linera content on X. To join, sign up on 

, complete tasks like joining Discord and interacting on X, then enter the campaign. Keep engaging to earn more points, but avoid spamming.

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Hong Kong approves Ethereum ETF with staking rewards, boosting institutional participation

Bitcoin

Bitcoin has a historical record for its volatility. Besides asking when to buy a BTC, a great question to ask is when to sell and take profit. Learn more. 

AUG23_R56_Trendjacking_Deciphering_the_Right_Time_Should_I_Sell_My_Bitcoin_.png

Bitcoin is one of the most popular and volatile cryptocurrencies in the world. It has experienced massive price swings, reaching record highs and lows in a matter of days or even hours. Many investors and traders are constantly wondering: Should I sell my Bitcoin? When is the best time to cash out and take profits? Or should I hold on for more gains?

This blog post explores the factors and strategies that can help you determine when to sell your Bitcoin, as well as the risks and opportunities involved and the right time to buy back Bitcoin after selling.

Bitcoin is a digital currency running on a decentralized network without intermediaries or central authorities. It was 

 by a person (or persons) using the pseudonym Satoshi Nakamoto. The technology that powers Bitcoin is the blockchain, a distributed ledger that verifies and records all transactions on the network.

, Bitcoin features several advantages, such as lower transaction fees, greater transparency, faster processing times and limited supply. However, it also has some drawbacks, including high volatility, security risks, technical complexity and regulatory uncertainty.

Volatility is a measure of risk and uncertainty in the market, and Bitcoin is known for its high volatility. Its price can change dramatically and quickly, making it difficult to predict its future movement. For example, in 2017, Bitcoin reached an 

 of nearly $20,000 in December, only to drop by more than 50% in January 2018. In 2020, it plunged by more than 60% in March, due to COVID-19, but then soared by more than 300% by the end of the year. In 2021, it hit a new record high of over $60,000 in April but crashed by more than 50% in May.

Supply and demand, media attention, investor sentiment, innovation, regulation, hacking and market manipulation are some factors that influence the volatility of Bitcoin, creating sudden spikes or dips.

There is no one-size-fits-all answer to when you should sell your Bitcoin. The decision is a function of your personal goals, risk tolerance and the current market situation. However, some factors can help you make strategic decisions based on your circumstances.

Your break-even point represents the minimum price at which you should sell your Bitcoin to avoid losing money. It’s the price you paid for the Bitcoin you own. Another way to calculate it is by dividing your total investment amount by the bitcoins you own. For instance, if you invested $10,000 to buy 0.5 BTC at $20,000 per BTC, your break-even point would be $20,000 per BTC.

To achieve the desired return on your Bitcoin investment, set a profit target for selling. Determine your target based on your 

 or expected value. For example, if you invested $10,000 in 0.5 BTC when the price was $20,000 per BTC, and want a 50% profit (a 1:2 risk-reward ratio), your target is $30,000 (that is, $10,000 × (1 + 0.5) / 0.5) per BTC. This figure represents your goal for the trade and helps guide your decisions.

This is the price at which you plan to sell your Bitcoin to limit losses if the price goes against you. It represents the maximum acceptable loss or risk for your trade. Your stop-loss level should be based on your risk tolerance or trading strategy. For instance, if you invested $10,000 to buy 0.5 BTC when the price was $20,000 per BTC and are willing to lose 10%, your stop-loss level would be $18,000 (that is, $10,000 × (1 − 0.1) / 0.5) per BTC. If the price falls below $18,000, you sell your Bitcoin and accept a loss of $1,000. However, you should set your stop-loss level carefully to avoid triggering it too frequently or too late. Adjust it as needed based on market conditions and your trading objectives.

, your tax jurisdiction, income bracket and holding period all play a role in determining the amount you owe. Rules and rates for cryptocurrency transactions vary by country. For example, for tax purposes the U.S. treats Bitcoin as property. Depending upon your income level and how long you’ve held your Bitcoin, tax rates can range from 

. It's best to seek guidance from a tax professional or use tax software to ensure you accurately report your transactions and meet your tax obligations.

The general outlook toward Bitcoin of those involved in the market is known as 

. It indicates the degree of assurance, hopefulness, anxiety or alarm in the market. Market sentiment can be affected by news events, social media trends, 

Market sentiment can be measured using sentiment analysis, trading volume, price action and the 

. Typically, when market sentiment is optimistic or bullish, it suggests that more people are purchasing or holding Bitcoin rather than selling or shorting it, and vice versa.

Deciding when to sell Bitcoin isn’t as simple as clicking a button. You need a plan and a strategy to execute your trade effectively and efficiently. Depending upon your goals and preferences and market conditions, there are different ways to sell your Bitcoin. Following are some of the most common strategies.

Selling Bitcoin can be profitable but also risky. You may face challenges and uncertainties when selling your Bitcoin.

When Is the Right Time to Buy Back Bitcoin?

If you sell your Bitcoin, it doesn't necessarily mean you're leaving the market for good. You may want to repurchase it for several reasons, such as capitalizing on a price drop, diversifying your investment portfolio or entering the market with a new strategy.

However, figuring out the right time to buy back your Bitcoin after selling it can be challenging. It isn't easy to give a definitive answer to this dilemma because it depends upon your individual parameters. Nonetheless, some indicators and factors can guide you in deciding when to repurchase Bitcoin. 

These determine the direction and momentum of price movements over time. You can use trend lines, support and resistance levels, moving averages and chart patterns to analyze price trends. Generally, when a price trend is upward or bullish, more people are buying or holding Bitcoin than selling or shorting it, and vice versa.

These are the mathematical calculations based on the price and volume data, that provide signals and insights about market conditions and behaviors. Some 

 include oscillators, momentum indicators, volume indicators and trend indicators. If the technical indicators are positive or bullish, the market is powerful and/or advantageous for purchasing or retaining Bitcoin. Conversely, if the indicators are bearish, the market is weaker and less favorable.

The information and events influencing market sentiment and expectations can help you keep track of market signals. These include news events, social media trends, expert opinions and market reports. Market signals that are positive or bullish suggest that the market feels confident or optimistic about purchasing or holding Bitcoin, and the opposite is also true.

Conclusion: Navigating the Bitcoin Market

Bitcoin is the world’s market-leading cryptocurrency, presenting investors and traders with both opportunities and challenges. Although selling Bitcoin can be a lucrative endeavor, it’s also a risky one that demands careful planning and execution. There is no straightforward or effortless solution to determining when you should sell your Bitcoin, as it hinges on several factors and circumstances that are specific to both you and the Bitcoin market.

Deciphering the Right Time: Should I Sell My Bitcoin?

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