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

Crypto

Bitcoin

With it being over a decade now since its creation in 2009, what does the future hold for Bitcoin? Bybit Learn takes a look.

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Bitcoin and cryptocurrencies in general are slowly but surely encroaching into mainstream public recognition. There are 

, with no telling what this number will be a few years from now. More than a decade since its creation, what does the future hold for Bitcoin? 

This much we do know: Bitcoin’s future is bright. It’s by far the 

, and it will take a Herculean effort to snatch away Bitcoin’s crypto throne. But how big can Bitcoin get? Can it realize mainstream adoption? That remains to be seen, but there are some encouraging signs.

The financial industry didn’t look back fondly on 2009: It was the year that 

 and the global economic downturn of the late 2000s gripped large parts of the globe. Markets crashed, giving way to doom and gloom. 

The reasons for the credit crunch were numerous, but without delving into them here, it’s safe to say the whole saga resulted in a crisis of confidence in the traditional banking systems. 

 ran a headline on Jan 3, 2009, referring to the U.K. Chancellor of the Exchequer, Alistair Darling, as being on the “brink of (a) second bailout for banks.”

Looking back at this headline now, over a decade later, it may look inconspicuous to the casual observer, just another headline highlighting the ungodly mess that the financial industry was in at the time. January 3, 2009 was a Saturday, and as was the norm, 

 was on sale in the U.K. that day for £1.50, or around $2. The 

 lists all known copies of the newspaper from that date. According to it, only seven verified copies of the newspaper exist, with a complete newspaper going for as high as $1.3 million. So, why was this headline significant in Bitcoin’s history? 

Contrary to the larger financial industry's unfavorable view of 2009, the crypto industry holds an entirely different perspective. It was year zero for crypto: On January 3, 2009, the illusive Bitcoin creator whose pseudonym is 

 mined the first 50 bitcoins, and the world’s first viable cryptocurrency was founded. 

In the very first coin that was mined, embedded in the 

 was the headline, “Chancellor on brink of second bailout for banks.” This was a direct reference to the reason Bitcoin was created in the first place. At a time of great uncertainty, amidst growing distrust in the major banks in control of the centralized financial systems which had caused so much turmoil, here was the perfect antidote: a digital currency built on decentralization. It was a complete departure from institutional banking and entirely independent from it. 

Banks no longer held the power and authority with this new form of currency. It used a distributed ledger and blockchain technology, in which the consensus of every member on the blockchain verifies every transaction. And these weren’t physical assets, but digital assets.

It was a great idea in theory, but would it catch on? As 

, the first recipient of Bitcoin from Nakamoto, noted soon after this transaction, “One immediate problem of any new currency is how to value it. Even ignoring the practical problem that virtually no one will accept it at first, there is still a difficulty in coming up with a reasonable argument in favor of a particular non-zero value for the coins.” 

Of course, there was also the problem of how it could be used in real life.

A significant moment for Bitcoin was the first transaction using the currency for a real-world item — 10,000 BTC for $41 worth of pizza by Laszlo Hanyecz in 2010. This day has been marked every year since by celebrating 

a watershed moment signaling to the world that Bitcoin could actually be used in real life. 

Subsequently, Bitcoin’s popularity and value took off. Worth virtually nothing until early 2010, it had hit parity with the U.S. dollar by February 2011 — and we all know how the price has skyrocketed since then. Indeed, much is often made of its price. But what about its usage, throughout its history and to the present day, for actual real-world transactions?

(essentially a “Bitcoin for Dummies” piece) contains this very telling sentence: “Bitcoins are valuable because people are willing to exchange them for real goods and services, and even cash.” Of course, Bitcoin’s price has been extremely volatile at times, such as the spike to nearly $20,000 in late 2017 and its subsequent crash, and more recently the 2022 crypto crash. But in late 2020 and early 2021, its price exploded.

During 2021, Bitcoin hit some of its highest prices yet, forming a double-top price pattern in April and November at over $60,000. However, 2022 proved a tough year for Bitcoin and other 

 encroached. Within the first five months of 2022, Bitcoin lost over 50% of its 2021 ATH to hit a low of $28,913 on May 12, following the crash of Terra’s native coin, Luna, after the 

. Other Bitcoin price dump triggers that year were the collapse of FTX and increased threat of regulation on the crypto market.

Things slightly recovered in early 2023, with BTC hitting $30,000 briefly before failing to break that resistance level.

In its early days, Bitcoin’s usage was still quite limited as skeptics expressed doubt over its long-term viability as a currency. But gradually, as its legitimacy grew, more merchants started to accept it as payment. BitPay, a payment service provider enabling merchants to accept Bitcoin, was established in 2011. 

However, there is no escaping the fact that in these early years, Bitcoin was largely known for illicit activities, such as money laundering and transactions on the dark web marketplace, the 

This in turn skewed Bitcoin’s reputation and public perception. 

Fortunately, as Bitcoin has continued its meteoric rise in recent years, it’s managed to shake off this association in favor of more widespread acceptance by legitimate merchants.

Among the major companies that accept Bitcoin as of 2023 include Tesla, PayPal, Microsoft, KFC, Subway, Shopify and Home Depot. Furthermore, there’s been an increase in the number of institutional investors and crypto 

 getting into Bitcoin. It's also increasingly being viewed as a store of value, with many big-time investors joining the action in early 2021. 

This unprecedented buying pressure has caused Bitcoin’s price to rise. 

 said in March 2021 that “Institutions are buying more Bitcoin per month than what’s being mined, and there just isn’t enough for everyone.” As this number grows, the amount of Bitcoin available is becoming more scarce, especially with another Bitcoin 

Bitcoin’s future looks promising, but its ultimate fate as a currency could depend on several factors. For starters, crypto’s volatility is well-known, and it needs to shake off this reputation for mainstream adoption to be realized. Merchants will always be reluctant to accept crypto as a form of payment if there’s a good chance its value will decrease. Alternatively, Bitcoin price optimists won’t want to part with it for mundane everyday items, holding onto it instead. 

Because of Bitcoin’s fundamentally decentralized nature, the idea of regulation may seem at odds with what Bitcoin is all about. However, in reality, regulatory certainty is vital for Bitcoin’s mass adoption. While some countries, such as 

, have led the way in providing clear guidelines for the regulation of Bitcoin and other cryptocurrencies, a lot of the world is still lagging behind.

In many countries, the legal status of Bitcoin is still murky. As more governments worldwide introduce regulatory frameworks in the coming years, it will actually give Bitcoin more legitimacy as a mainstream asset.

Furthermore, the anonymous nature of crypto transactions has been a major challenge towards the adoption of digital currencies, due to increased safety and security concerns. However, the addition of 

 (KYC) protocols on major crypto exchanges — such as Bybit — has helped boost regulatory certainty, making such platforms safer for investors.

While purchasing goods with fiat currency is straightforward, the same cannot be said for paying with Bitcoin. Despite ubiquitous card payments, the declining use of cash and the convenience of apps like ApplePay (as well as WeChatPay and Alipay in China), the experience of using Bitcoin for transactions remains challenging for most individuals.

Currently, the complexity associated with concepts like 

, as well as understanding public and private keys, poses a significant barrier for the average person. The crypto industry needs to find a way to make buying with Bitcoin more easily digestible.

One way this could be achieved is through increased third-party involvement to expose Bitcoin to a wider mainstream audience through their platforms. For example, PayPal is planning to 

 to its 325 million users. Such a payment gateway could well be a game changer in the mass adoption of Bitcoin and other cryptocurrencies.

 have also announced ventures into Bitcoin and cryptocurrency payments, in a sure sign that payment providers are softening their stances. 

Scalability is an ongoing issue for Bitcoin. While a new block on its chain can accommodate around 2,700 transactions (with one block added every 10 minutes), Visa, for example, can accommodate 2,000 

 (TPS). Therefore, it’s obvious that in order to be competitive, Bitcoin’s network needs to make changes in order to improve its scalability. This problem is known as the 

, and several solutions have been put forward, one of which is 

 increases the ability to process transactions on a network by segregating the digital signature from transaction data. It’s hoped that eventually, along with other solutions such as the 

, SegWit will allow millions of transactions per second to be processed on the Bitcoin network. Its usage has steadily increased since its implementation in August 2017.

Some observers in the crypto industry and beyond proclaim Bitcoin as digital gold. But can this be backed up? It’s certainly limited in supply, like gold, and both assets can be used as mediums of exchange. But it’s arguable as to whether both can serve as a store of value. 

Historically, gold has been a trustworthy store of value and a safe haven asset because of its lack of volatility. However, this hasn’t been the case for Bitcoin, which retains its status as a speculative investment. However, its 

 have led some industry analysts to speculate that Bitcoin could well earn this status sooner rather than later.

As of Jun 12, 2023, Bitcoin’s price was trading around $25,790 with a market cap of $500 billion. This price is a 62% drop from its ATH of $69,044 in Nov 2021, and an increase of over 37,000% from its low price of $67.81 in July 2013. 

Over the years, there’s been wide speculation on Bitcoin’s future price, with some crypto believers making highly optimistic BTC price predictions.

, Bitcoin’s price could hit a maximum of $98,090 in 2025 and rise to $227,155 in 2030. 

 are also highly optimistic about the meteoric rise of Bitcoin price’ predicting it to hit $77,030 in 2025 and jump to $496,845 by 2030. 

So, what will $100 of Bitcoin be worth in 2030? If ARK Invest CEO Cathie Wood’s Bitcoin price 

 comes true, and $100 can buy 0.00388 BTC (based on a current price of $25,790), then your investment will be worth $3,900, a gain of around 3,800% in seven years. 

Despite this bullish Bitcoin price outlook, it shouldn’t be taken as financial advice. We highly recommend that you 

 before buying Bitcoin or any other cryptocurrency. 

From its onset, Bitcoin has reigned king among cryptos when it comes to rankings, remaining at number one based on market capitalization. However, due to various challenges, such as high fees and slow transaction speeds, there’s been a rising number of potential competitors. Some of the digital currencies that investors are turning to instead of Bitcoin include the following.

 blockchain, has grown significantly over the years and is the most popular Bitcoin rival in the cryptocurrency market. Ethereum’s ecosystem is working continuously to upgrade its operations in order to ensure low gas fees and faster transactions.

Some of the significant milestones that Ethereum has implemented recently include its successful migration from a proof of work (

). Another catalyst to Ethereum’s growth is the April 2023

, which allows the unstaking of ETH from the 

At times Ether has outperformed Bitcoin, which crypto enthusiasts consider a sign of alt season (a period when altcoins pump). Based on the continuous improvements to Ethereum, some crypto observers are optimistic that Ether could outperform Bitcoin as the preferred store of value for investors.

Artificial intelligence (AI) has made its way into blockchain technology.

 is one of the leading platforms looking to merge AI with blockchain. Built by Hanson Robotics, the team that brought the world the humanlike robot known as Sophia, SingularityNET holds great potential. Its native token, AGIX, continues to rank well among

The project aims to create a decentralized AI marketplace and eventually open-source artificial general intelligence (AGI). As the AI narrative continues to take the world by storm, we could witness an astronomical increase in the AGIX token due to its utility on the innovative SingularityNET platform.

As one of the latest entrants into the cryptocurrency market,

 by implementing a fast and secure platform. As one of the most anticipated projects of 2023, Sui is viewed as a major catalyst for the adoption of 

Created by Mysten Labs, Sui is backed by a leading team of innovators who previously worked for Meta to develop its discontinued digital wallet, Novi.

Sui lets developers get creative without worrying about code. As the native token for the Sui blockchain, SUI is used for staking and paying gas fees for transactions. With innovative products, a thriving ecosystem and a great team behind it, the future of Sui looks bright.

 is a leading Layer 2 project built on Ethereum’s secure architecture. It uses a decentralized sequencer to reduce censorship, and 

 technology to process transactions in batches, leading to low fees.

, one of the most popular decentralized autonomous organizations (

 With the passing of the proposal to rebrand the BIT token to MNT, and the expected launch of its mainnet in Q2 2023, Mantle’s use has the potential to explode.

Bitcoin is the biggest household name in cryptocurrency. As long as this remains the case, it will always be the major player (

 is lower than it was in Bitcoin’s first few years, but is still considerably higher than during the bull run of 2017).

However, several hurdles must be overcome to realize mainstream adoption. The very idea of using it to pay for everyday things is still confusing to the average person on the street, so the industry needs to find a way to simplify matters. 

Third-party involvement, such as the alignment with PayPal, could well prove to be the answer. Also, the issue of scalability is something that needs to be overcome.

Thus, how popular Bitcoin actually becomes still remains to be seen. There will be challenges, but the outlook looks good. Exciting times lie ahead, wherever the crypto winds take us. 

What Is The Future of Bitcoin? (2023)

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