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

Crypto

web3

So you want to buy, sell, trade or just try out cryptocurrencies? You'll need a crypto wallet for that! Read all about what a crypto wallet is here.

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So you want to buy, sell, trade or just try out these cryptocurrencies that everyone is talking about. The fact that you’re here means that you’re in the right place, because quite simply, none of these things are possible without a crypto wallet. 

In this article, you’ll learn everything you need to know about the topic: for instance, what is a crypto wallet? What wallet types exist out there and where exactly should you store your coins? 

Firstly, a good question to ask would be: "What is a crypto wallet?"

A crypto wallet is a software program that interacts with the blockchain of your choice by generating public and private keys, monitoring your balances, and most importantly, sending and receiving cryptocurrency  — but whatever they are, these wallets are not part of the blockchain. 

Have you ever looked at yourself in the mirror? Almost certainly you have, so you will know that what the mirror reflects is kind of you, but not you exactly. 

The same situation can be applied to cryptocurrency wallets. Whatever amount of coins you can see in your wallet, they aren’t there in the way that coins are in a real wallet; it’s just a reflection of your operations on the blockchain. 

It may sound complicated but it’s not really. Keep on reading and we’ll explain.

So we know what a crypto wallet is now, but what about its key components, public and private keys?

work in a way to conduct transactions on a blockchain – say, on the Bitcoin blockchain. 

, is generated by your crypto wallet and is associated with and attributable to you — it’s kind of like your email address on the blockchain. You can show it to people who want to send you something – most often, cryptocurrencies, but sometimes, other digital assets, too.

, on the other hand, is something different. It’s not visible to anyone but you and signs requests on your behalf, such as sending money. It is basically like the password to your assets. 

By using strict mathematical rules of asymmetric encryption, your private key proves that it was you who sent the request, so it’s important to keep your private key safe. If someone else gains access, they can take your coins.

That being said, if somebody tells you that you don’t need private keys to send and receive crypto they of course are theoretically right. But also, they mean you don’t really have full control over your money.

The Difference Between Hot and Cold Wallets

Any crypto wallet can be always categorized as either hot or cold.

A crypto wallet can never change its state: you will always know whether the wallet is hot or cold, because the difference is pretty clear.

Hot wallets are connected to the internet, while cold wallets are disconnected to the internet.

 or hot storages are more convenient, but they are less secure. Although stringent security measures are put in place to stop such incidents from occurring, hot wallets are nevertheless potentially prone to hacking in a way that cold wallets simply are not. 

 are more physical — this is probably the closest you can get to feel like you physically own your cryptocurrency. Paper wallets, hardware wallets, and, surprisingly, physical bitcoins (which works great as a gift coin, but is very inconvenient in the real world) are all cold wallets and they are pretty safe to store large amounts of cryptocurrency. 

Let’s look at these wallets in more detail. 

There are four fundamental types of hot wallets out there: 

web wallets, mobile wallets, desktop wallets and crypto exchanges. 

Sometimes the functionality of one hot wallet intersects with the functionality of the other hot wallet, so the lines between them can be blurred. 

It happens, for example, to web wallets and crypto exchanges, so don’t get confused telling one apart from the other. A good illustration is Coinbase, which acts as a digital wallet where you can trade one crypto for another one, and yet, there’s a self-standing medium called Coinbase Pro, a crypto exchange where you can trade digital assets. 

the wallet holders still have control of their private keys

. However, as we mentioned, they could potentially be hacked, albeit it is only a small possibility.

There are different types of hot wallets that use software out there. Let’s take a look at them. 

ts are wallets you can access from your browser, whether it’s Google Chrome, or Safari, for example. 

They are well-suited for people that facilitate basic transactions often and store small amounts of money on their accounts. 

Blockchain.com, BitGo, GreenAddress, Coinbase

 are all examples of web-based wallets, and all of them are well-established and easy to use. The only problem again is that, by using these wallets, you trust someone with your keys. 

, you’re trusting them to protect your private keys. If the private key is password-protected, like with 

, you, nevertheless, trust them to keep your keys safe on their server. 

What if something goes wrong with the custodian? What if something goes wrong with the server? 

A very common way to talk about this delicate matter 

Coinbase is a hosted wallet service, which means we manage your private keys for you, securing your funds with a password, device confirmation and 2-factor authentication.

However, as it turns out, not so many users sweat it about not owning their private keys. Because the service is well-reputed and very easy to use. 

mobile wallets are crypto wallets installed on your phone as apps from Google Play or App Store. 

What you need to know about them is that sometimes mobile apps and the corresponding online wallets complement each other as it goes with 

However, mobile wallets sometimes don’t have their browser analogs, which is perfectly fine, for example, the situation with 

, you get multi-signature, 2FA, HD wallet and full control over your private keys. With 

, it’s slick design, HD wallet and full control over your private keys, too.

So, you see, by their very nature, mobile apps are a little bit safer than online wallets. They are 

 to be isolated from the operating system of the phone, which provides a certain level of protection against malware, and gives you control over your keys. 

Desktop wallets are wallets you install on your device from a website of a developer.

There are two types of desktop wallets existing out there: full-node wallets and lightweight/thin wallets. 

 has a decent way to define the difference between them: “

Imagine a scientist reading about an experimental result and then repeating the experiment for herself. Doing so allows her to trust the result without having to trust the original scientists

If you download the whole blockchain with your wallet and “repeat the experiment for yourself”, you’ll run a full-node client. If somebody else keeps the blockchain on their side for you, you’ll just “read” about the experiment and keep it lightweight.

The first bitcoin wallet was a full-node client developed by Satoshi Nakamoto himself, the legendary pseudonymous creator of Bitcoin and blockchain. It’s called 

, and, as Florence + The Machine sings, “

”, namely, 320.76 GB, so yes, it’s not a mainstream kind of product.

However, it still exists, and if you own it, you don’t simply own a wallet, you are a verifier who takes part in the global process of money decentralization 24/7. You can mine crypto if you add to your setup super-powerful mining rigs, you approve blocks and transactions, plus, no one can really trick you into accepting fabricated transactions. 

Mostly, people use lightweight wallets, though, such as 

 and Mycelium. A thin client connects to the Bitcoin peer-to-peer (P2P) network but doesn’t fully validate transactions or blocks. If you use lightweight/thin clients, you use the third-party software that helps you interact with the initial blockchain from time to time.

Storing your digital assets is relatively convenient with a thin wallet. You don’t have to download all the blockchain to your computer, you don’t have to update the client all the time. Besides, thin wallets like Electrum let you keep your private keys, provide you with anonymity and guarantee a backup.

Are they less secure? Well, these wallets are vulnerable if the network is overpowered by an attacker, as Satoshi 

 in his white paper. But it is possible to verify payments without running a full network node. As such, this kind of verification is reliable as long as honest nodes control the network. 

The greatest problem with all the wallet types mentioned above is that it’s very difficult to exchange between dollars and bitcoins on top of them. You can’t easily add your credit card to your account. That’s where you may want to need cryptocurrency exchanges.

A cryptocurrency exchange is an online or mobile platform with a built-in trading functionality that lets you buy/sell and store cryptocurrencies. These platforms often have charting functionality built-in, together with other useful trading tools. 

You don’t have to be a broker or own a huge sum of money to start trading on cryptocurrency exchanges. Relative anonymity is also the reason why many individual traders prefer cryptocurrency exchanges. 

The regulators slowly get there, but still, in very many cases there’s no need to verify your identity if you want to start moving small chunks of money between different addresses. 

Keep in mind, though, if you want to withdraw or deposit fiat money (USD or Euro), you will normally have to provide cryptocurrency exchanges with some verification documents, such as a utility bill, bank statement, or ID.

As we’ve mentioned before, cold wallets are probably the most secure way to store larger sums of crypto, since these wallets are disconnected from the Internet. 

So, which wallet types of cold wallets exist out there?

A hardware wallet resembles a USB stick in appearance. It is a device that keeps your private keys in a safe offline environment. Yet, you might have to install some software on your machine to use it.

Despite the fact that these wallets are the safest in the market, there’s a fair number of possible problems with this storage type.

It is wise to keep your eggs in as many wallets as possible. Popular options include 

A paper wallet is offline crypto storage with QR codes and corresponding keys printed out on a piece of paper. 

Proper paper wallets are often a very secure way of storing bitcoins since they are not typically exposed to malware. They can also be easily stored securely in safes and safe deposit boxes.

Don’t forget, though: paper wallets are made of… paper which means they could be stolen, lost, get soaked or even burnt, so maybe you’ll need a few copies.

To generate your first bitcoin paper wallet and send bitcoins to it, click on this 

But remember in order to generate such a wallet and start using it, you normally have to follow a few simple steps: 

Before choosing a wallet, see if there is a 2-factor authentication (2FA) option. This is a technology that has one more piece of data for you to insert before you log in to your account. To use this, you will need to download an authentication application to your phone.

There’s also the multisig feature that protects your assets. Just appoint another person or a wallet protection service to sign your transactions together with you — and you’re safe even with a hot wallet!

Don’t lose a seed, a 12-word or a 24-word string almost every HD wallet generates once you create it. In theory, if something happens, with the help of that seed you can easily restore key pairs on any HD wallet that supports this seed feature. Still, it is strongly 

 to only use the same HD wallet program with the same HD-related settings for a particular seed.

 originally created hierarchical deterministic wallets (hierarchical deterministic wallets) to provide higher levels of anonymity for those who often send and receive digital currency. HD wallets keep the information of how much you spend on a transaction safe.

It will vary slightly, of course, but in general, the situation is always the same.

Just find or generate a public address in the settings of your wallet and show it to the person who is about to send you money. 

As for sending your own funds, open your wallet, enter the destination address as well as the amount and press “Send”.

It will take some time before you or your recipient gets money because miners will need to confirm the transaction. So don’t worry, it’s perfectly normal. 

Your bitcoin transaction needs to be added to the block in the Bitcoin network for it to be successfully completed or validated. Miners spend vast amounts of computing power and energy doing this and expect rewards, so you kind of have to persuade them into writing your transaction in their blocks.

For that, you’ll need to pay fees, and, guess what, miners of course have a financial incentive to prioritize the validation of transactions that include a higher fee. 

If you’re looking to send funds and get a quick confirmation, the appropriate fee can be higher than the average one. As of writing, it’s 26.16 USD/tx, but you can always 

Can I Store Different Cryptocurrencies in One Wallet?

There are wallets out there that can store one or multiple cryptocurrency types. For instance, Exodus offers quite a huge lineup of coins, such as Bitcoin, Ether, EOS, Dash, and others.

, that we were talking about earlier, but the general sentiment is – yes, of course, you can store different cryptocurrencies in one wallet. You just have to choose which one is well-suited for you.  

What Is a Crypto Wallet?

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