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

Explainers

Metaverse

Blockchain

Altcoins

The Root Network is an L1 blockchain built by Futureverse to enable seamless user experience and support data interoperability of digital assets.

Are you a developer searching for a network that simplifies user experience and onboarding for the open metaverse? Or perhaps a user looking forward to a superior web3 experience? The Root Network is the new bridge to a world-class experience on the open metaverse in which anything can be connected to anything else.

 built by Futureverse to enable seamless user experience and support data interoperability of digital assets. 

 is a metaverse operating platform consisting of various decentralized protocols and infrastructures that work together to create a seamless metaverse user experience.

As a Futureverse core element, the network looks to support developers in creating community-owned applications and persuade more creators to join the open metaverse by providing an exceptional 

As we integrate more of our social and economic systems into the digital space, the Futureverse team believes embracing the open metaverse is vital — a singular, secure and open experience for all. Currently, a handful of big players in the digital space are consolidating different sectors, such as media and commerce or finance and gaming, to maintain their grip on economies and their influence on how customers think. 

The open metaverse promises an internet and digital economy future where everyone can participate in shaping the inevitable destination of everything valuable that we’ll create. As a decentralized blockchain network, The Root Network will form the base of the open metaverse as envisioned by Futureverse.

The Root Network's core blockchain infrastructure consists of the best web3 components, with a deliberate focus on better user onboarding. In the past, many users have found web3 too complicated and unsafe, far more than Web 2.0. The Root Network is looking to change this by creating easy movement across applications and supporting permissionless asset transfer, among other benefits.

To achieve these goals, The Root Network relies on three key elements: Substrate Core, 

 (EVM) support and a multi-token economy, a feature that makes it a standout among its competitors.

Substrate serves as the core of The Root Network. Its technical capabilities offer critical chain runtime customization and flexibility for optimized user experience. The Root Network also looks to leverage the Substrate network's established developer community. Its network runs integrated EVM compatibility, which allows the protocol to read and execute Solidity 

. Thanks to this convenient feature, code previously written for 

 can also be run natively on The Root Network.

In line with its core mandate of enabling seamless user experience, Futureverse has adopted a multi-token economy in which ROOT, the main network’s token, is separated from the gas token to address high gas fees and the demotivating illiquid block rewards for node operators.

To provide more liquid and valuable block rewards, the network has partnered with industry-leading finance networks, Ripple and XRPL, to offer users block rewards in XRP. 

 (DApp) in Futureverse doesn’t need to understand the gas concept. The team has created an in-chain 

 exchange system that uses the DApp’s native token. Alternatively, users can allow the developer to pay on their behalf through delegation.

By developing liquidity pools for the native token and the network gas token, node validators can receive the gas tokens as rewards for producing blocks. 

 consensus mechanism that allows anyone to participate and receive rewards by staking the ROOT token. Apart from staking, users can also participate as nominators, or take on validating responsibilities for even better rewards.

 exist at the contract layer, NFTs on The Root Network are located in a core network runtime module. The runtime module can be used to create custom NFTs and trade them without the users’ own smart contracts.

This simple process not only makes it easy for anyone to mint NFTs, but also promotes enhanced asset interoperability. Fees from the NFT runtime module are distributed to stakers and validators on the network.

Some of the NFT runtime key features include:

 (DEX) that allows users and developers to trade asset tokens, set up 

 and initiate token price discoveries without deploying smart contract code. 

The in-chain exchange supports all the asset tokens on the network, including ASM, SYLO and ASTO. Node validators collect the exchange fees.

 enables the linking of events on other chains to actions on the network. Developers on the network can rely on it to implement interoperability in their DApps.

The Root Network acts as a base for its two asset bridges, Ethereum Bridge and XRPL Bridge, to facilitate two-way transfers of native tokens and assets between the bridges and The Root Network. This not only boosts interoperability, but also unlocks extra liquidity for the network, as users can now use non-native tokens on The Root Network. 

In an effort to achieve a truly open metaverse, the team promises to provide native support for more networks as the ecosystem grows.

ROOT is the native token for The Root Network’s ecosystem, with a maximum supply of 12 billion tokens. Its core purposes include the following.

 ROOT tokens to earn network fees (awarded in the form of Vortex tokens) as an incentive for active participation and helping to maintain network security. Distributed in a 90-day cycle, Vortex tokens represent a basket of tokens in the Vortex, including ROOT and XRP, and can be traded on DEXs. According to The Root Network team, the latest cycle accumulated a total reward of 602,000 Vortex tokens, which amounted to 362,000 XRP and 4.7 million ROOT in value.

There are three ways to stake ROOT. The low-risk, low-reward way is to stake ROOT without nominating validators. As an ordinary staker, you can unstake at any time. Other ways to stake involve securing the network as a nominator or validator. Both of these options require more effort and dedication, and face the possibility of slashing risks for the staked ROOT.

Futureverse is undoubtedly dedicated to putting in the hard work in many respects, with The Root Network being the backbone of their metaverse ecosystem. The Root Network's UX and digital content–focused protocols facilitate a seamless user experience and empower Futureverse to build a robust foundation in content, stories and characters. In addition, its integration with EVM and Ripple also enables interoperability and streamlines cross-chain asset usage. This results in a vibrant web3 world that's scalable, yet sustainable enough to keep users engaged for a long time.

Furthermore, the ROOT token has diverse uses, from governance to in-game utility. This versatility could contribute to heightened demand, and appreciation in the token’s value.

The Futureverse is also embracing emerging technologies such as artificial intelligence (AI) to accelerate their creation of an open metaverse for all. Its strategic partnerships with major blockchains like Ripple also enhances The Root Network's capabilities, fortifying its position as a versatile and well-connected platform. This forward-looking fusion of emerging technologies and tactical alliances positions Futureverse at the forefront of innovation, ready to shape the future of the metaverse.

With Futureverse backing The Root Network, it’s reasonable to believe that this project could be a promising investment opportunity. However, keep in mind that a blockchain project is a highly volatile investment. We recommend that you 

, or seek expert financial advice before making an investment decision. 

Are you ready to join The Root Network? Buy ROOT as a Spot pair (

! From Nov 21 through Dec 3, 2023, there are two events you can participate in for your chance to win.

 to deposit 100 USDT worth of ROOT, or deposit 100 USDT to buy ROOT to earn 100,000 USDT that’s up for grabs. If you’re an existing Bybit user, follow the same deposit prompts above for a chance to earn 20,000 USDT.

In the second event, you simply need to trade the ROOT/USDT pair and accumulate a Spot trading volume worth at least 200 USDT to earn from the 65,000 USDT prize pool.

The Root Network isn’t just a blockchain. It’s the linchpin of Futureverse, revolutionizing the open metaverse with a user-centric, interconnected approach and a decentralized way of defining digital assets. As the backbone of Futureverse, The Root Network's focus on seamless user experience and interoperability sets it apart in the web3 landscape, providing unrivaled user experience in an inclusive, open metaverse.

The Root Network (ROOT): Powering the Open Metaverse

Compete for 2,500 USDT Every Week

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