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

Crypto cards possess so many benefits beyond your expectations. From crypto cashback to its unique utility, here's why you need to start using a crypto card. 

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Crypto credit and debit cards are popular additions to the crypto sector that are receiving positive sentiment in the market. These bank cards are typically tied to cryptocurrency exchanges, with a user's digital assets in a

 instead of a traditional bank account backed by fiat currency. These crypto cards function just like a traditional credit card, using a different underlying asset and with added twists on it.

As these new cards and payment options emerge in the crypto market, you might be asking if you should jump on the bandwagon. First, let's talk a little bit about crypto, and then we'll get into some of the reasons why taking the plunge into the world of

and using crypto cards backed by digital currencies might be a good idea.

The crypto sector has been growing exponentially, with more widespread adoption from financial institutions and retailers, despite some of the

. Still, crypto investment is perceived to be an investment class with a high return on investment, especially with the continual innovations in web3, non-fungible tokens (

Crypto also offers a way to diversify an investor's portfolio. Beyond

and more, there is an eclectic selection of digital assets such as NFTs for users to invest in. The decentralized nature of these digital assets gives investors more control over their assets, and protection against

Why Are Crypto Cards Becoming More Popular?

Crypto cards are increasing in popularity because of their ease of use. Users can pay merchants for everyday transactions using cryptocurrencies. This grants them more privacy than the wire transfer they would normally receive from a bank or another financial institution, as anonymity is one of the main tenets of the

Another factor is the widespread acceptance that these cards offer in financial systems. Not only can they be used online, but at point-of-sales machines in stores as well. You can complete secure transactions anywhere in the world using your digital assets.

What's even more enticing are the rewards programs that these crypto cards offer. Users can earn cashback in the form of crypto or fiat currencies. This helps new users get their hands on crypto without paying hefty fees to purchase it.

Top Reasons Why You Should Own a Crypto Card

As the allure of crypto cards captivates the financial world, Bybit has stepped up and unveiled its own crypto debit card in response to this rising demand. 

is a Mastercard crypto debit card that enables users to access and spend their cryptocurrencies in an effortless manner, bridging the gap between digital assets and everyday transactions. Designed with the modern user in mind, the Bybit Card offers a convenient way for users to off-ramp their trading profits and spend them anywhere, anytime. 

With the Bybit Loyalty Rewards Program, you can accumulate Reward Points for every 1 USD/EUR or 900 ARS spent and exchange these points for exclusive rewards 

such as bonuses, coupons, exclusive merchandise on 

. You can also convert them for cashback via the 

 function which gives you automatic cashback for all purchases done with fiat and crypto in USDT. 

Instead of receiving traditional spending points, which will expire before they can be redeemed for anything of value, crypto card users can receive cashback in the form of crypto — which can be reinvested into the ecosystem for investment appreciation.

One of the most important features of crypto cards is the access they grant to

of networks since they can be used across different blockchains to facilitate cross-chain transactions between

Another perk is that private keys are stored offline on the cards, so they’re

. Overall, crypto cards make transactions on web3 far more accessible, eliminating the technical expertise needed to manage private keys and navigate the complicated crypto ecosystem.

Reason 3: No need for credit score evaluation

Traditional credit cards require a credit score check, while crypto cards are much easier to obtain. Users have access to the freedom and benefits of card ownership, without being punished for student loan debt or mistakes they made five or more years ago. Instead, the only requirements for obtaining a crypto credit card are having a valid

and an account with the crypto exchange offering the card service, although other terms and some minor fees can be assessed by the exchange.

Also unlike traditional credit cards, crypto credit cards typically do not have annual fees and high interest rates. Still, there are small fees in certain circumstances, particularly with crypto credit cards, but all fees are announced in advance, so you won't have any surprises when you check your account.

Reason 5: Easier to get your hands on crypto via crypto cashback

Another major benefit is the crypto cashback system that crypto cards offer, allowing users to receive cashback in the form of crypto tokens. This is also another form of diversifying your crypto assets, as these tokens can increase in value as their use becomes more widespread. This allows you to receive additional crypto without having to pay any

, which you might experience while trading on an exchange.

Reason 6: Short lead times so you can instantly access and process funds

The blockchain technology that cryptocurrencies are built on provides users with a faster and better experience, especially with processing payments or deposits. Processing refunds, for example, can take up to three days with a bank or up to ten days with some prepaid debit cards. Crypto cards can reduce those wait times and make transactions nearly instantaneous. You'll no longer have to wait a few days to get your money back after accidentally being double-charged at a shop.

Unlike cards that offer fees for using another bank's ATM, or prepaid cards that even charge ATM fees for balance checks, crypto cards are ATM fee-free, allowing crypto wallet users to access their money without paying exorbitant fees that can add up over time. You can withdraw money from your crypto assets without giving away hundreds of dollars in fees every year to a multibillion-dollar international banking institution.

Another benefit that crypto credit and debit card owners can use to

is the use of two-factor authentication (2FA) before making purchases. This reduces the risk of stolen cards and identity theft that can lead to bad actors stealing your money. You can even use 2FA for in-person purchases as well. Blockchain’s speed will send the notification to your phone immediately, and the simple press of a button means the card can be used by you and only you.

This feature is optional, of course, and can be disabled if you're the type of person who doesn't like to have their phone on and in their hands at all times. It’s simply an option that can be used to provide

and reduce the risk of a stolen card falling into the wrong hands.

Unlike American Express or Discover cards, which can be used in fiat currencies in many places but not everywhere, crypto debit cards and crypto credit cards can be used anywhere that accepts Visa or Mastercard, depending on the card issuer. This is because the system converts your crypto assets into fiat currency (i.e.,

to United States Dollars or British Pound Sterling) for the transaction, so you'll always be able to pay in the local currency, no matter where you are in the world.

Speaking of traveling, most traditional debit and credit card users know the hassle of going on vacation or a business trip with their cards. You have to tell your bank where you're going and how long you'll be gone and, even then, you'll probably experience an embarrassed store clerk telling you that your card has been declined because it was flagged by the bank's Fraud Detection Department.

However, with a crypto debit or crypto credit card, you can feel free to travel at your leisure. If you want to spend a few extra days abroad, you won't have to call the bank and feel like you're getting some college intern's permission to live your life. Since your crypto assets are converted into local currency at the point of sale, you'll never have to worry about foreign transaction fees, either.

Crypto Debit or Credit Cards: Are They Right for You?

Crypto debit and credit cards are perfect for anyone who has a Bitcoin wallet, and would like to use their crypto to pay for everyday purchases. They're also an excellent choice for users who would prefer to make cryptocurrency transactions with a little more

, security and speed than with traditional financial institutions.

They're also perfect for people who like to give gifts to their loved ones. For example, if you're married and have shared finances, it can be difficult to make a surprise purchase for your significant other without their seeing the transaction on the bank statement before the gift arrives. However, with a crypto credit or debit card, you can purchase anything you want without the transaction being seen.

For most people with even a modest amount of crypto assets, these cards are definitely considered a good idea. The ability to control one's own money directly, while being able to avoid paying hefty fees to a bank or other financial institution, is a dream come true for many people. Even if you have a small amount of a crypto asset and don't think you'd use the card, it's very handy to have in emergencies. If your car breaks down a day before payday and you need emergency maintenance or repair, you'll be glad to know that your crypto card will cover you until your paycheck arrives.

The above are just a few of the reasons why crypto credit and debit cards are quickly becoming popular choices for investors. If you're getting tired of your bank and their numerous fees, a crypto credit or debit card may be the perfect choice for your wallet. To put it simply, crypto cards are just like the credit and debit cards that you've been using all your life, except better in every way. 

10 Reasons Why You Should Own a Crypto Card

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