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.

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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

Candlestick

Trading

Learn how to trade crypto by identifying trend reversal patterns like tweezer top and bottom candlestick patterns.

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Technical analysis is important not just for timing the market, but for helping investors identify market conditions and adapt to the volatility that’s driving today’s market. One of the core 

 components is chart patterns — such as the tweezer top and bottom, which help traders understand market sentiment.

The tweezer top and bottom are combinations of multiple candlesticks which usually appear at the end of an uptrend and downtrend, respectively, signaling a trend reversal. Therefore, investors can buy and sell a crypto asset more precisely by observing how these patterns appear on a chart. The following section includes a complete trading guide on using the tweezer top and bottom candlestick patterns in the cryptocurrency market, including a recommended buying and selling method.

What Are Tweezer Tops and Tweezer Bottoms?

A tweezer top is a combination of bullish and bearish candlesticks at a swing high that indicates a possible bearish pressure. In contrast, a tweezer bottom is a bullish reversal pattern at a swing low, showing possible bullish direction in price.

As the tweezer candlestick has both bullish and bearish formations, crypto investors can use it to identify both entry and exit levels, respectively. The tweezer top pattern appears at the top of a bullish trend, and indicates that bears have become interested in the price. As a result, it provides a sign that bulls should close their positions because there’s a high chance of a trend reversal.

The tweezer top pattern consists of a bullish daily candle followed by a bearish daily candle.

The tweezer top pattern tells a strong market story, as the existing bullish trend forms a solid green candle at a swing high. However, on the next day, the price drops lower instead of moving up, and closes the day with a bearish candle — indicating that bears have found the price to be discounted, and are interested in opening a sell position. 

Now, let’s move to the tweezer bottom pattern, which is the opposite of the tweezer top. It appears at the bottom of a swing low, and indicates a bullish reversal.

The tweezer bottom pattern consists of a bearish daily candle followed by a bullish daily candle.

In cryptocurrency trading, the tweezer bottom pattern is significant because it’s directly related to a trading entry. It appears at a swing low with a strong bearish daily candle, indicating that bears are aggressive in the price. However, the price rebounds higher on the next day, due to buyers’ interest. Therefore, as soon as the second candle closes, investors may consider it a buying opportunity.

Pros and Cons: Using Tweezer Top and Bottom Patterns

Let’s look at the pros of the tweezer top and bottom patterns:

There are also some downsides to using the tweezer top and bottom patterns:

Spotting tweezer top and bottom patterns on a naked chart are easy. Each version of the pattern consists of two long-bodied candlesticks, appearing in parallel but opposite directions. 

Finding a solid trend is the primary requirement for the tweezer trading method. When the market is moving up, prices continue to increase. However, a sudden bearish candlestick similar to the latest bullish candlestick appears and negates the bullish momentum. This is how a tweezer top pattern appears, indicating a bearish pressure.

The above image illustrates the primary way to identify the tweezer top pattern in an uptrend market.

The tweezer bottom pattern is the opposite version of the tweezer top and appears in a downtrending market. Price keeps moving down when suddenly, a bullish candlestick appears which seems similar in size to the previous bearish candle. As a result, a tweezer bottom forms, indicating a possible bullish trend.

The above image illustrates the primary way to identify the tweezer bottom pattern in a downtrending market.

Let’s review the key characteristics of the tweezer top and bottom patterns:

The tweezer candlestick is a reversal pattern, so investors should identify where the trend is heading before making a trade. Uptrending and downtrending markets are easy enough to identify by looking at swing levels. Therefore, investors should know how higher highs and lower lows form in the price chart.

Now, let’s move to the step-by-step approach to make a trade using the tweezer pattern:

 After finding the market trend, investors can spot the point of interest area, which is the supply or demand zone from which the price showed a strong reaction before. Therefore, investors should mark critical levels from where a significant market reversal may occur.

The above image shows how support and resistance levels look at the top and bottom of a trend.

 After finding swing levels, identify the tweezer top from the resistance level, and the tweezer bottom from the support level. Make sure that the trading entry is valid once the second candle has closed.

The above image shows how the tweezer bottom appears at the support level, offering a fantastic bullish reversal. As the tweezer is a trend reversal method, traders can enter right at the start of a new trend. In this way, the tweezer can offer a higher return against a small risk. The ideal stop-loss level is below the tweezer bottom low (with some buffer).

Now, let’s look at an example of a tweezer top pattern from an actual chart:

In the above daily LTC/USD chart, the price moves up and forms a tweezer top pattern at the resistance level. Accordingly, the price moves lower with a decent profit. Using this method, the sell entry is valid from the second candle’s closing, and the stop-loss should be set above the first candle’s high.

How Reliable are Tweezer Tops and Bottoms?

In financial trading, investors are advised to use multiple methods to increase the probability of a trading entry. Using tweezer patterns are a reliable way to catch a trend from its beginning. But can a trader rely only on the tweezer method in order to make a successful trade?

When a tweezer top appears at a swing high, it indicates that bulls are getting out of the market — and bears may be taking over. The reverse is true for a tweezer bottom at a swing low. Therefore, investors should manage their trades by closing a profit and moving the stop-loss to break-even. Overall, the tweezer trading method is profitable — provided that traders can match this pattern with other signals for additional confirmation like support, resistance, market context, volume or trend. 

Tweezer Candlestick vs. Other Trend Reversal Patterns

Let’s compare the tweezer candlestick with other patterns, so that investors can make more strategic trading decisions.

The head and shoulders pattern is a series of price actions that explains how and where bulls are failing to regain momentum as bears take control over the price. However, this method needs considerable time to complete, as the trading entry only becomes valid once the price breaks out from the “neckline.”

The above BTC/USD chart shows a head and shoulders pattern forming. It becomes valid after breaking below the neckline. However, this is a daily chart, and it takes almost two months to complete the pattern. Therefore, investors who focus on using the 

 in their trading have fewer trading opportunities than the tweezer top offers.

 are reversal patterns which form at swing lows and swing highs, respectively. The main difference between these patterns and the tweezers is that morning and evening stars have three candlesticks, which can explain investors’ sentiment more accurately than tweezers patterns, which have only two.

The above idealized images show the morning star and evening star patterns. The morning star pattern features a strong bearish daily candle, indicating a significant selling pressure in the price. The small bearish daily candle which follows it indicates that the price is still in bear territory, but with weak momentum. 

Finally, a large bullish daily candle closes at the first day’s high on the third day. The weakness of sellers and the strength of buyers is the major indication of the price reversal.

In tweezer patterns, comparable price action occurs, but it takes two days to change the momentum instead of three. Therefore, we can consider morning stars and tweezer patterns to be similar indicators, since both of these patterns feature a strong price reversal. If a price reversal takes too long for a tweezer pattern to emerge, it may still form a morning or evening star pattern.

 is a bullish reversal pattern which appears at a swing low. This pattern starts with a bearish daily candle, which attracts sellers. However, a small bullish candle appears the next day, which can be thought of as a correction to the previous bearish candle. Two consecutive bullish candles appear on the next two days, closing the action above the first day’s high. It’s clear that the selling momentum on the first day is eliminated with three bullish candles which close the third day above the first candle’s high.

Let’s see what the three white soldiers pattern looks like:

Both the three white soldiers and tweezer bottom candlestick patterns are bullish reversal patterns. Once they appear at a support level, the price becomes attractive to bulls. Again, these patterns have a high level of accuracy, but investors should consider other confirmation from trend, volume, price context, etc.

The tweezer top and bottom candlestick patterns yield reliable exit and entry points, respectively, in any trend-reversal trading strategy. Therefore, the best approach for using this indicator is to combine it with other technical analysis indicators to increase its efficiency. However, before following these candlestick patterns with real money, it’s recommended that investors practice using a demo account.

When using the tweezer candlestick patterns for trading, keep in mind the following rules:

Candlestick Patterns Professional Traders Use

 – A curated list of candlestick patterns most frequently used by traders

 – Learn the basics of candlestick patterns

 (Chart basics: trend, neckline, wedges)

Trading Tweezer Top and Bottom Candlestick Patterns in Crypto

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