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

Altcoins

Explainers

Ice is a decentralized crypto mining protocol based on community engagement and smartphone usage. Learn more about how it works in this article.

As more people rely on their smartphones, the crypto community has started to expand beyond PC mining. The Ice network is part of a new generation of mobile mining apps. It aims to promote a decentralized future by allowing every person to turn their smartphone into a 

. Though this idea is certainly promising, the Ice project has also faced some controversy. Explore this guide to learn all about Ice, determine whether it's a scam and decide whether it's right for your investment portfolio.

 protocol based on community engagement and smartphone usage. Each user can run the Ice app on their Android or iOS device to mine free crypto tokens that they can then trade or store.

Since it first launched its product in July 2023, Ice has been consistently committed to anonymity. It hasn’t released any details about who designed the system or who invested in the protocol. According to Ice social media accounts, this anonymity is meant to ensure safety and privacy for the Ice team.

However, Ice's website does mention some details about the people behind the project, asserting that its team comprises 

. This team has reportedly been working for almost two years on designing Ice’s system of decentralized applications (

At first glance, Ice's main aim may appear to be the creation of a digital currency that can be mined on smartphones. This certainly is part of its goal, as it hopes to encourage users to mine crypto even if they don’t have expensive personal computers with pricey CPUs. By turning to smartphones for crypto mining, Ice hopes to democratize crypto and engage more users.

However, Ice has an even bigger goal: to eventually prove the usefulness of crypto. By putting crypto mining on smartphones, Ice plans to demonstrate the flexibility of crypto — and to show that even crypto mined in the strangest of ways can still have value.

The basic process for using Ice is fairly straightforward. Every existing Ice member can send out a referral code to their friends to download Ice. Every 24 hours, Ice miners tap a button on their mobile device to mine tokens during a daily mining session. People can mine with friends to earn a 25% bonus rate during their daily session, and the tokens accumulate in a wallet connected to their account.

). Its blockchain is called the Ice Open Network (ION), and helps to manage all contracts and keep track of tokens on Ice. Ice's method of mining relies on a proof of stake (

) consensus mechanism. This algorithmic method doesn’t require excessive computing power from your phone, and is more energy efficient.

Ice's crypto mining protocol comes with a variety of different features, which users can access through Ice’s network.

Each existing member who starts mining on the Ice network joins the ION blockchain. This network offers a decentralized space for processing transactions and storing information, and uses the underlying security of TON to help keep transactions secure.

One of the developing solutions that the Ice network is currently working on is self-sovereignty. IceID is designed to put each user in charge of their own identity. It uses 

 to ensure security while also providing users with privacy.

Like many other DApps, the ICE network hopes to provide users with socialization opportunities. In addition to earning coins, members can also find ways to interact. IceConnect hopes to provide users with routing techniques that encrypt messages. It's also committed to avoiding censorship, and to allowing unlimited self-expression.

IceNet is a scaling solution that helps the network run more smoothly. It caches all public content sent on the network without saving any private data. This ensures that things like meme images or YouTube videos are sent quickly while private user info remains decentralized.

IceVault provides members with access to decentralized file storage. It uses encrypted fragments of files over a vast node network, so data is secure yet easily retrievable. The Ice network also uses cryptographic algorithms to provide extra security for data.

IceQuery reimagines databases as state machines. This design processes transactions in a deterministic order, while also incorporating database hashing and a Byzantine fault-tolerant consensus algorithm. All of these features combine to create a database fit for the decentralized future. It allows people to store and seamlessly retrieve information without dealing with the downsides of centralization.

Ice plans on having a decentralized governance system that puts power into the hands of its users. The ICE digital currency retains some value as a voting token that people can use to make their voice heard. Users can submit proposals and vote on the direction they’d like the Ice network to take.

. Its team has built the basic blockchain framework for their system and done a limited public launch that only allows users with a referral code. For the rest of 2024, the Ice network’s hope is to build its community and acquire more users. Through activities and events, Ice plans to encourage more engagement on the network.

After that, Ice's next step is its mainnet launch. This will allow more people to join Ice, and will also bring more functionality to the network. Ice hopes to add features that include digital currency trading, payment processing and user communication. People will also finally be able to send and receive ICE starting sometime around October 2024.

ICE, the native crypto token of Ice, is used for interacting with the Ice network. It has a fluid supply, and each ICE coin can be broken into a billion small units called “flakes.” ICE has a simple 

: Fifty percent of all ICE tokens are allocated to community mining, 35% go to the ICE team and 15% of the new digital currency is reserved in a community pool for further development.

Since its release, ICE has encountered a fair amount of 

. There have been quite a few X (formerly Twitter) posts suggesting the network is a scam, due to both the lack of transparency about its creators and some issues with the project itself. Some internet sleuths believe that the app has connections to certain servers that have spread malware in the past. People are also concerned that Ice is requiring users to provide access to their phones, yet it still hasn't assigned any value to its tokens. However, others maintain that these rumors are being spread by ICE's disgruntled competitors.

Overall, it's hard to tell which online discussions are accurate, and even more concerningly, the token also has no real-world applications so far. People can mine it, but the Ice network doesn't support trading, staking or voting with the token as of yet. Digital currencies retain far less value when they're used for nothing besides speculation. 

There's a small chance that ICE might attract a lot of interest, release exciting new features and skyrocket in price once it's released on exchanges. However, this is looking unlikely. Any investors who want to take a chance on ICE need to 

Ice's mission to bring mobile mining to smartphone users is certainly exciting. The project's development team seems committed to developing solutions for miners who don't have computers. However, Ice hasn't yet delivered on the real-world applications it's promised, and some users worry it might be a scam. Though this project seems encouraging, investors need to approach it with caution.

Ice (ICE): Transforming Mobile Mining in Crypto

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