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

Bybit Learn

Crypto

Ever wondered how you can make or receive a crypto donation? This guide's for you! Find out how you can benefit from the process.

As the adage goes, “no man is an island.” Giving back to society is arguably a fundamental responsibility of all its members. Typically, individuals and companies make their contributions in the form of monetary donations, given directly to 

 and other organizations that promise to help those in need.

 conducted in the name of charity, there’s been a 

 since 2020. Amid the setbacks and difficulties brought on by the COVID-19 global pandemic, many are still keen to help the less fortunate, and a new type of donation has been catching on with the public.

In recent times, the concept of cryptocurrency donations has gained popularity as a safer and more transparent way of doing good. Crypto donations have garnered a great deal of interest from both novices and experts in the crypto world, but many people are still unsure how the process works. This guide covers everything you need to know about crypto donations.

Cryptocurrency is a digital currency generated by code and operated by a regulatory body, one that is often 

. Various crypto coins are available today, the most popular being 

Donating crypto involves the transfer of funds from exchanges or 

If a taxpayer sells crypto and then donates the after-tax cash, the capital gains will incur short- or long-term capital gains taxes, based on how long the donor held the crypto before selling. If they’ve held the asset for a minimum of one year, 0%, 15%, or 20% 

 rates would apply, per the amount of taxable income. Short-term capital gains are considered ordinary income, and are taxed with rates ranging from 10% to 37%.

Charitable giving via crypto has become increasingly popular for individuals and organizations. Some of the most prominent philanthropic organizations globally — including the 

However, most charities cannot accept crypto donations directly due to the technicalities involved with setting up a digital wallet. Instead, they accept crypto donations through a third-party processor or a donor-advised fund.

 enable crypto donations to charities by converting the donated cryptocurrency to cash on their behalf. These processors usually charge a small transaction fee (usually 1%) for their services.

Donor-advised funds, which are also 501(c)(3) public charities, serve as a tax-efficient solution for accepting crypto contributions. They are able to facilitate crypto donations as they have the resources and expertise for evaluating, receiving, processing and liquidating non-cash assets.

For instance, the Center for Excellence in Education (

), a 501(c)(3) charitable organization sponsoring science and math events for high school students and teachers, recently started accepting Bitcoin donations and other crypto contributions through Crypto for Charity.

 has also been trying to reduce poverty by accepting direct, community-based crypto donations. In 2019, 

 became the first UN Organization to hold crypto and make crypto transactions via a designated 

The ability to donate cryptocurrency quickly and anonymously from any country without incurring high fees is a unique technological innovation that makes crypto donations easier, more efficient, and more equitable.

What Kind of Cryptocurrency Can I Donate?

While Bitcoin is the most commonly donated crypto asset, various organizations are willing to accept donations in Ether, 

Some organizations looking to circumvent the 

 of crypto are also open to receiving donations in USDC (fully backed and 

 (DAF) exempts nonprofits from taking custody of the received crypto, thus greatly simplifying the underlying legal, accounting and administrative implications. Intermediaries handle the conversion process and tax receipts, after which they release the donation to the organization in cash.

Since regulations around cryptocurrencies are constantly changing, an intermediary is most suitable for nonprofits that don't want to get involved in playing keep-up, but still want to offer contributors the option of donating cryptocurrency.

2. Through Specialized Nonprofit Crypto Processors

 have been helping nonprofits accept crypto donations to their own wallets. These companies handle the transactional aspects of the process for a service fee, including automatic conversion to cash and management of tax receipts. They may also assist with creating marketing campaigns for the crypto community.

Since the nonprofit will be taking custody of the crypto, they’ll need assistance with accounting best practices and compliance handling of IRS regulations. If the nonprofit decides to hold the crypto as an investment, they must also consider the assets' volatility, and set policies regarding liquidation.

This approach is ideal for nonprofits that want to make crypto a central aspect of their assets and are looking for a built-out donation widget with automated receipts.

 offer embeddable checkout options with automatic crypto-to-cash conversion for minimal fees. However, these are generalized consumer experiences that aren’t created with donations in mind. Therefore, nonprofits will have to handle donor support, and the collection of donor information and tax receipts.

This approach is ideal for nonprofits looking for an embeddable widget with minimal fees, and who don't mind managing the administrative and operational aspects themselves.

 allows users to send, receive and store crypto coins. There are many types of wallets to choose from, e.g., hardware vs. software, custodial vs. 

The most crucial consideration in this approach is secure storage for accessing the wallet's credentials. Since there’s no real donor information associated with the transactions, clear records of transactions will also have to be maintained.

5 Organizations Which Accept Crypto Donations

With a presence in almost every country, the international 

 network is the largest humanitarian network in the world. 

's activities have a single central purpose: Providing non-discriminatory help to those suffering during conflicts, natural or man-made disasters, or conditions of chronic poverty. 

 (Editor’s Note: BitPay may charge a conversion fee on donations).

 (HRF) is a nonpartisan, nonprofit organization that protects and promotes human rights globally, especially in closed societies. HRF's mission is to ensure that freedom is preserved and promoted around the world; it brings people together to defend human rights and promote liberal democracy.

 helps secure land rights for Indigenous peoples. The 

 strengthens Indigenous land security and teaches communities about the use of technology to protect their forests. Through direct investments, it connects people who are deeply focused on conserving their ancestral lands with the tools, training and resources for protecting their rainforests. 

, a 501(c)(3) nonprofit organization, unlocks human potential by supporting reliable water projects for communities in sub-Saharan Africa. The project aims to help those who suffer needlessly due to a lack of clean water and proper sanitation. 

 Bitcoin, Bitcoin Cash, Ether, Litecoin and 

 (EFF) was founded in 1990 to champion free expression, user privacy, and innovation through policy analysis, grassroots activism, impact litigation and technological development. With the prevalence of technological scams in today’s society, EFF works to ensure that users' rights and freedoms are improved and protected. 

Crypto donations are easy to make. Simply choose the organization you wish to support, find out which type(s) of cryptocurrency they accept, and then donate your crypto funds easily and securely. 

A word of caution, however — always do your research before making a donation to any organization. No matter how secure cryptocurrency transactions may seem, danger always lurks in the corner (or, in this case, the recesses of the internet), with scammers capitalizing on every opportunity. Once you’ve ascertained that the organization you’ve selected is trustworthy, a crypto donation is a fantastic way to make a difference in people’s lives.

Crypto Donations: An Innovative Way to Give

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