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

DeFi

Altcoins

Amp token (AMP) is a digital collateral token that facilitates instant and secure crypto transfers efficiently for real-world use cases.

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With traditional payment networks, transactions can be slow and insecure especially as we entrust them to intermediaries. Even with the introduction of 

, security and speed cannot seem to be maintained simultaneously. There will always be a sacrifice of one to achieve the other. 

 aims to solve the issue once and for all through an innovative decentralized solution that promises you both speed and security.   

To understand the working of AMP, it is crucial to know about a crypto payments platform —

. Co-founded by Tyler Spalding, Trevor Filter, Zachary Kilgore and Daniel C. McCabe in 2018, Flexa is an open network that facilitates the instantaneous payment of crypto both online and in merchant stores. 

 is an app developed by the payment protocol through which users can make crypto payments in 

Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and more

 at over 40,000 merchants in the US and Canada. FlexaCoin (FXC) was the native token of the Flexa Network. 

On Sep 8, 2020, Flexa Network announced their 

. Why AMP? Crypto security for merchants during a transaction is one predominant issue. Merchants will want to know if the crypto payment they have received is confirmed. Presently, 

 (PoW) blockchain confirmations required for this can take up to several hours. If we switch to 

 (PoS) blockchains, the transaction finality time may be faster, but the networks are more vulnerable to attacks.

The Amp project seeks to address both speed and security issues with its native token AMP which is used to collateralize asset transfers. How exactly does it do so? Let's discuss. 

Amp token (AMP) is a digital collateral token that facilitates instant and secure crypto transfers efficiently for real-world use cases such as merchant payment transfers, payments to individuals and 

 compatible token that is universally interoperable with external transaction protocols.

The Flexa Network created the Amp token to overcome many shortcomings of FXC's smart contracts as its infrastructure couldn't be updated to support many advanced functionalities. In September 2020, FXC holders were offered Amp tokens at a  1:1 exchange rate. 

 which protects its value from inflation. When a new company adopts the Amp token, existing users of the token benefit as the liquidity increases. 

The Amp token is open-sourced. Any merchant or company willing to incorporate a crypto payment gateway for their daily operations can use AMP. The fundamental purpose of AMP is to serve as collateral for crypto transactions made with apps like SPEDN that use Flexa's payment protocol. 

Users stake AMP to help balance collateral pools and maintain collateral integrity. By staking AMP, all kinds of value exchange from digital payments to loan distributions and property sales can be assured. 

The amount of AMP spent cannot exceed the total amount of AMP staked in the Amp collateral pool. However, as the amount of AMP spent reaches closer to the amount of AMP staked in the collateral pool, the rewards will increase dramatically. Every app used for staking AMP has its own collateral pool. So as users get attracted to the different collateral pools to earn more rewards, the pools will get balanced naturally, achieving a healthy equilibrium.

Anyone who uses AMP as collateral will be able to create a collateral manager which acts like an escrow account that can be customized with specific rules to fit their purposes. There are token partitions with Amp’s token contract which enables multiple collateral managers to enforce different rules on separate areas linked to the same digital address. With token partitions, one can stake AMP without having to transfer it to another smart contract. 

We have already discussed the two primary use cases of Amp tokens in the Flexa Network — collateral for crypto transactions and 

. Users can stake their Amp tokens to get rewarded with re-purchased AMP. AMP staking doesn't have any lock-in periods. 

AMP users can also use the Amp token for governance. Voting is done off-chain via 

, a gas-free voting platform for crypto communities. AMP users can vote on all community proposals to have a say in the future direction of Amp protocol.

, but you can still stake AMP on other supported DeFi platforms such as 

To unstake AMP, follow these steps below:

AMP was launched on Sep 9, 2020 at $0.009 and remained stable for several months until the end of January 2021, when it started climbing rapidly, peaking at $0.036 on Feb 14, 2021. It retraced slightly before shooting up from April, reaching local highs of $0.06 on Apr 19 and $0.07 on May 9. AMP’s price soon plummeted, however, dropping to a support level of $0.03 by May 24.

In early June 2021, AMP got listed on Coinbase and its price soared to its 

 of $0.12 shortly after on Jun 16, 2021. The price high could not be sustained and it rapidly slid to a support level of $0.04 by Jul 21. 

AMP continued experiencing several local peaks over 2021. However, from January 2022 onwards, AMP’s price broke its support level and went on a long downward trend, stabilizing at around $0.003 by the end of 2022. In mid-January 2023, AMP started showing signs of growth once again and currently trades at $0.005 (as of Jan 25, 2022). 

, the AMP token's value could surge to $0.017 in 2025 and cross $0.20 by 2030. While DigitalCoinPrice also has the same pricing forecast for 2025, it anticipates a more moderate growth in the long term, predicting AMP’s price to rise only to 

The Amp token is developed and backed by the Flexa team, which has a decent market presence. They have been operating since 2018 and have the experience of serving millions of customers globally. The token’s smart contracts are all thoroughly tested and audited by security researchers at notable organizations like 

The Amp token has also been adopted by many blockchains and DeFi industry giants. Projects like Uniswap, 

 have collaborations with Amp protocol to enhance their functionalities. As Flexa Network scales and AMP gets increasingly adopted by different protocols, this leads to greater liquidity and decentralization, thereby enhancing the collateral quality of AMP.

Amp token’s security and strong partnerships provide us the assurance that AMP and Flexa Network are here to stay for the long term. Hence, we’re confident that AMP will see a sturdy growth in value as it grows increasingly secure. However, our views should not be seen as financial advice as 

 are especially prone to market volatility. So, it is always advisable to do your own research before investing in any altcoins.

A one-of-a-kind collateral token service for secure transactions, Amp protocol is not only a clever integration to the existing Flexa payment protocol, but it also solves the whole 

 of scalability, security and decentralization. As the crypto mainstream adoption accelerates in the coming years, we could see a real need for the Amp collateral process. 

What Is Amp Crypto and How To Stake AMP?

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