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

A Doji candlestick forms when the market opens and bullish traders push the prices up. It signifies the indecision of the bulls & bears market. Read on to find out more.

Doji-Candlestick-chart-pattern.jpeg

The Doji candle, referred to as the Doji star, signifies the indecision between the bulls and bears of the financial or crypto market. This candlestick chart pattern forms specifically when a market’s close and open prices are almost the same. There are plenty of Doji patterns, including dragonfly Doji, gravestone Doji, and long-legged Doji.

Doji candlestick is mainly used to indicate indecision since the high, low, open, and close in which these four prices are the same.

Still, not all of these Doji variations are used the same way. In fact, Doji can also be used to indicate the slowing momentum of an existing trend. That is why you must understand the differences and interpret the differences of these formations to minimize risks and earn a consistent profit.

A Doji candle is a candlestick formation that shows up when the open and close price appears relatively at the same level, while the shadows are relatively long. The wick is made up of a vertical line of the Doji pattern, while the body is referred to as the horizontal line.

Doji candlestick typically forms when the market opens, and bullish traders push the prices up. While the price pushes down when the bearish traders attempt to reject the higher price. The differences in the opening and closing price of an asset are reflected through the body of the Doji candle. Whereas the top wick represents the highest price and the bottom represents the low.

Then, a cross shape is formed when the price open and close price of an asset is more or less at the same level. The cross shape appears in a form where the candle’s body will either be very small or almost non-existent, while the upper and the lower wicks are at equal length.

A Doji refers as “dо̄ji” in Japanese, is a name in which the candlestick has an open and close that are equal and often the components in patterns. When translated in Japanese, Doji means blunder or mistake, where it refers to the rarity of an exact match of a closing and opening price.

Ultimately, it is a transitional candlestick that primarily defines the equality and indecision of the bull and bears in the financial market.

Since most traders rely on historical data and real-time price action for the buy or sell signals, the Doji candle proves to be invaluable to evaluate the market condition. For example, if Doji appears during a bullish trend, it signals that the market has entered a state of indecision and neutrality. This can end up with the continuation of the trend or with its reversal.

However, these signals are insufficient to conclude your decision to exit a position. So using a 

 can further confirm what Doji suggests.

Assuming Bitcoin’s price opens at $55,903, the buyer demand is higher, causing the price to move on an uptrend reaching a high at $57,135. Then sellers tried to push the price lower to a low of $54,715. However, the day ends with a closing and opening price at $55,903, forming a long-legged Doji, as shown in the photo. It means the buyers and sellers have come to indecision, referring no directional bias occurs for that day.

A neutral Doji candle forms when the market opens, and bullish traders push the prices up and vice versa for bearish traders. However, it’ll find strong resistance or support at some point and goes in the opposite direction, the same level of counteraction is found. In the end, it closes at relatively the same level where it opened, which suggests a moment of indecision.

For example, the market can open higher, after which bears reject the ascension and push the price back down to a certain level. As a result, the market tries to balance the situation by returning near its open. This kind of Doji is regarded as a trend continuation signal, but sometimes it can lead to a reversal.

It’s worth noting that the Doji pattern doesn’t necessarily mean reversal or continuation but simply indecision. Such candles can often be seen during periods of resting following strong uptrends or downtrends. The market may continue its way after resting.

However, it can also suggest that the existing trend is losing strength. It’s challenging to confirm the Doji signals without confirmation from the technical indicators, still, it suggests a substantial indication of both 

As mentioned, the Doji candlestick pattern can differ depending on the position and length of the shadows. Here are the most popular variations:

The neutral Doji consists of an almost invisible body positioned in the middle of the candle, i.e., the upper and lower shadows have similar lengths. This pattern shows up when both the bullish and bearish sentiments are balanced.

However, it doesn’t provide any specific signal when used separately. Usually, traders consider it a trend continuation pattern, but reversals might also occur quite often after it. If the neutral Doji comes after a strong bullish candle, investors will interpret it as a buy signal.

Also, if a bullish candlestick shows up above Doji’s high and has a higher low than the Doji’s low, it can be interpreted as a buy signal. Vice versa is valid for the bearish signal.

Long-legged Doji has longer shadows. It suggests that both buyers and sellers tried hard to take control over the 

 at some point during the period covered by the candle, though there was no winner in the end.

When traders spot this formation, the closing price concerning the whole candle’s mid-point should be monitored closely. If the close price is below the mid-point, it signals bearish, especially near resistance levels. If the close is above the mid-point, it is indicating a buy signal, as the formation resembles a bullish pin bar.

On the contrary, if the closing price is right in the middle, it can be considered a trend continuation pattern. Hence, so you should always check the previous candles.

 has a long lower shadow and a non-existent upper shadow. It means that the open, close, and high are all at the same level. Thus, resulting in a T-shaped candle.

If such a pattern shows up at the bottom of a downtrend, it can be regarded as a buy signal. However, if the price action breaks above the high, traders can open a long position. However, if the Dragonfly Doji forms near the resistance level, traders can exit positions as it is considered a reversal pattern.

As opposed to Dragonfly Doji, Gravestone Doji’s open and close prices coincide with the low. Thus, we get an inverted ‘T’. It suggests that the bulls may push the price up but ultimately failed to sustain the bullish momentum.

 shows up during an uptrend, it can be regarded as a reversal pattern, especially when seen near a relevant resistance level. Alternatively, it can act as a bullish reversal signal when it appears during a downtrend near a support level.

The 4 Price Doji is a unique pattern that can be observed rarely, especially during low-volume trading or on smaller timeframes. It resembles a minus-like line, which suggests that all the four price indicators, including high, low, open, and close, were at the same level in a given period. 

In other words, the market didn’t move at all during the covered period. This type of Doji is not a reliable pattern and can be ignored. It merely shows a moment of market indecision.

A single Doji is regarded as a good signal of indecision. However, two consecutive Dojis represent an even greater pattern that can lead to a strong breakout. There is a simple Double Doji strategy that aims to benefit from this more prolonged indecision.

After the two Dojis, traders can wait for the price to move higher or lower. Then enter the market in the breakout direction. While the take profit targets can be set near a recent 

. Alternatively, you can place a trailing stop, as the new move might continue even beyond the current support or resistance.

Doji Candle vs. Hammer Candle: The Differences

Doji and hammer candle might look similar because they both run into the shadows and short bodies. However, a hammer candle is with a long lower shadow that is almost twice the size of a real body.

A hammer candlestick usually appears after a price decline, signaling a potential upcoming reversal. It signals a bullish reversal of a 

 that usually appears at the bottom of downtrends. The hammer candle comes in handy to help traders visualize where the support and demand are and signaling traders when the downtrend could possibly be over.

While Doji can be seen at any point. The same is true about the difference between Doji and the Shooting Star, which is an 

Given that there are several types of Doji candlesticks, there are different ways to trade them. However, in most cases, you should use additional indicators, such as momentum indicators to confirm the suggestions Doji is signaling.

Here is an example of a trade using a neutral Doji:

As you can see, the Doji candlestick formed after a temporary correction within a newly formed uptrend. The question is — will the upward movement continue, or will the price turn bearish? To obtain a more accurate picture, we checked the Stochastic. It indicates that there’s more room for growth, as the price action is not even close to the overbought level. Indeed, the price eventually maintained a general uptrend.

So, when you see that the Doji candlestick forms at the bottom of a downtrend or near an uptrend’s resistance, you should always check the Stochastic or the RSI indicator to get a better signal.

Ultimately, the best way to trade the Doji is to wait for the next candlestick to break above its high or below its low. Assess the indications, then only make a final decision about opening a position or closing one.

Trading With Dragonfly and Gravestone Doji

Besides the neutral Dojis, you can look for Dragonfly and Gravestone Dojis, which can provide signals independently. However, additional technical indicators are recommended anyway. Dragonfly and Gravestone Dojis are very similar to the Hammer and Shooting Star patterns, and the types of signals are similar as well. 

Here is an example of a trade based on the Dragonfly Doji:

In the image above, the Dragonfly Doji formed after a steep bearish decline. This type of Doji anticipates a trend reversal, and this happened in our example as well. Moreover, the Stochastic reached the oversold level after the bearish candle, which suggested that the Dragonfly was even more relevant. Eventually, the price started to move upwards very slowly, and then the pace increased.

When the price moves higher for a while, the chart can form a Gravestone pattern. Which is an inverted Dragonfly Doji that precedes the reversal of an uptrend.

Relying on Doji alone is not a good idea because this type of candle is relatively neutral in most cases. Plus, a trader might risk missing out on crucial information before making a trade. That’s mainly because the Doji candlestick pattern relates only to the price information it provides.

Moreover, finding a Doji candle is not that easy, as these formations don’t appear quite frequently. Even when they show up, you should combine them with technical analysis and indicators to get a more accurate signal because Doji alone doesn’t provide strong signals.

In conclusion, the Doji candlestick is not the best pattern to provide strong buy and sell signals. But it does a great job at finding moments of indecision among bulls and bears, which highlights the open positions or potential opportunities.

It is more suitable for intermediate and professional crypto traders since they can easily spot them and interpret their signals.

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)

What Is a Doji Candle & How to Trade With it?

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