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

Metaverse

Alethea AI takes the merger of AI and NFTs a step further with an entirely new class of intelligent assets, imbued with AI personality traits which can grow and evolve. Read on to meet Alethea AI's iNFTs.

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Artificial Intelligence (AI) has revolutionized the way humans work, interact, and consume content. The use of AI is increasing in pretty much all aspects of life and industries, including the cryptocurrency industry. 

, burst onto the crypto scene in early 2023, bringing with them the promise of enhancing various facets of the cryptocurrency landscape. 

AI has also displayed its transformative potential in the advent of 

The technology is already being used in the creation of NFT art and music, with startups like Eponym releasing an AI algorithm that converts text into abstract art which is sold on 

Alethea AI wants to take the merger of AI and NFTs a step further by creating an entirely new class of intelligent assets, imbued with AI personality traits, which can grow and evolve based on the data they consume. In this guide, we’re going to take a look at what Alethea AI is doing, how it works, and whether it’s a good investment.

NFTs represent unique digital assets, or collectibles, which use the blockchain to create a permanent, publicly accessible record of ownership. These tokens, which generally use Ethereum’s ERC-721 token standard, are completely unique and can’t be replicated, making them the perfect medium for representing digital ownership of assets. 

The NFT ecosystem has experienced an explosion in innovation and creativity, with new intellectual property being created at an incredible scale. Alethea’s developers believe their intelligent metaverse, Noah’s Ark, will act as the connective tissue that connects numerous NFT projects with AI to create new, interactive experiences. 

In their current form, most NFTs are pretty run-of-the-mill. An NFT can represent an image, 

. It can be held as a long-term investment, traded as a whole on 

 to attract small- to mid-tier investors—but that’s about it.

Alethea AI wants to create a new class of NFTs that are intelligent enough to interact with users. The slogan “Give your NFT superpowers” (on Alethea’s website) perfectly captures that ideal. 

By incorporating generative AI with NFTs to build intelligent non-fungible tokens (iNFTs), developers will be able to create assets with unimaginable use cases. 

As the popularity of iNFTs within Noah’s Ark increases, so too will the possibilities of interactions and collaborations between iNFTs, enabling the emergence of an “intelligent hive mind” that powers the Ark’s AI engine. Alethea’s ultimate goal is to create an ecosystem that can explore what it means to be human and what constitutes a personality — and to discover how an intelligent metaverse can help shape our stories, culture and intelligence. 

Alethea AI has already sold its first iNFT, an AI-powered avatar called “Alice,” through Sotheby’s auction house for nearly $478,000 in June 2021.

 Before the sale, Alice starred in an X (formerly Twitter) live video on Sotheby’s account, answering questions from viewers in real time. 

The Alethea AI team sees its iNFTs as the path to the 

, the universe of virtual worlds that are all interconnected, similar to concepts in sci-fi books like 

. The project has received a lot of attention from institutional investors, and has even received backing from billionaire crypto investor Mark Cuban. 

Creating Your Own AI-Generated Characters With CharacterGPT

Alethea AI is committed to constant innovation with its generative AI system, CharacterGPT, launched 

. This text-to-character generation system allows users to supply a simple one-liner text to create interactive and intelligent lifelike characters and mint them as NFTs on 

To illustrate the system's capabilities, a tokenized counterpart of Polygon Labs co-founder Sandeep Nailwal has been generated. It’s been constructed using a compilation of his writings, interviews and public statements. Nailwal's digital twin can educate users on the Polygon ecosystem and even provide insights into his entrepreneurial journey. Notably, this AI twin will become increasingly intelligent as more users engage with the system.

 in 2023, which includes ChatGPT conversational functionality, imbuing depth to the personalities of the AI-generated characters. CharacterGPT V2 also lets you include more details in your prompts to build more unique and truly personalized characters. 

Additionally, using MyCharacter.ai, the AI Protocol DApp

, you can fully customize your character’s personality, voice and even backstory details. These AI characters can become AI influencers, metaverse game NPCs, AI companions and much more.

iNFT (intelligent non-fungible token) is a new token standard by Alethea AI that combines two technologies: AI and the blockchain. iNFTs are programmable AI-powered digital assets with personalities and blockchain-managed ownership. They bring the underlying unique digital asset to life by using the generative abilities of AI. An iNFT has three core parts: 

These three parts work together to form iNFTs which not only possess intelligence but are also self-learning. iNFTs are permissionless and metaverse-agnostic, so they can be used universally across multiple platforms.

AI Protocol is a set of smart contracts deployed on 

. It can be used by anyone to turn an NFT into an iNFT in a permissionless manner. Unlike close-ended chatbots, which are coded to answer questions with generic answers, iNFTs use 

 to create truly open-ended and temporally consistent AI-generated personalities. 

An NFT is transformed into an iNFT by fusing it with an ERC-721 asset known as a Personality Pod, which is made up of on-chain personality traits — like Intelligence Level, voice and psyche — that shape the overall personality of an iNFT and dictate its intelligence. The act of fusion involves locking the Personality Pod within the smart contracts of the AI protocol, which is a noncustodial framework, while leaving the NFT unchanged. The amount of ALI tokens locked into the Personality Pod decides the Intelligence Level of the iNFT that’s created.

Alethea AI uses OpenAI’s GPT-3 technology to embed the 

 of the AI dataset on-chain as a method to create verifiably decentralized, AI-generated personalities via the Personality Pod. 

The AI Protocol functions as an immutable registry of all fusions between NFTs and Personality Pods. As long as an NFT remains fused with a Personality Pod, it’s considered an iNFT. This does not mean that your NFT is locked into Althea AI’s smart contract, your NFT remains unchanged and still stays in your wallet. Currently, fusing a Personality Pod with an NFT is irreversible, but the AI Protocol is designed to enable reversal of fusions if network participants vote to do so. 

From Personality Pods to Intelligence Pods

In January 2023, Personality Pods were upgraded to Intelligence Pods following the upgrade of the AI Protocol, which now includes an Intelligence Layer. Compared to their predecessor, Intelligence Pods have expanded capabilities as they’re no longer confined to hosting on-chain personalities. Instead, they serve as unique on-chain intelligences that can be personalized and trained by their owners.

The transformation from Personality Pods to Intelligence Pods also enables an iNFT to fuel decentralized applications (

), delivering bespoke and distinctive AI Services to DApp users.

Each iNFT is dedicated to crafting a single DApp, with the scope of AI Services it can furnish within that DApp determined by its Intelligence Level. Importantly, any asset compatible with the AI Protocol, including other iNFTs, can freely access and employ the AI Services available within that DApp.

The Alethea ecosystem has a native token, Artificial Liquid Intelligence (ALI), which is used to power Noah's Ark. The amount of ALI present determines the intelligence of an iNFT. ALI is an 

 token created to regulate, incentivize and reward users of the AI protocol. 

ALI tokens enable the creation of intelligent NFTs. In order to turn an NFT into an iNFT, a user must first lock a minimum amount of tokens within the protocol. The amount of tokens an iNFT owner locks correlates with the intelligence level of the iNFT. The higher the amount, the higher the intelligence level of an iNFT. iNFT owners have the option to evolve their iNFT’s intelligence by locking more ALI tokens to increase its intelligence level. 

ALI tokens can also be used for interaction between iNFTs in that they can collaborate with one another to offer merged AI services. As a governance token, ALI empowers holders to participate in the governance of both the AI Protocol and Noah’s Ark.

ALI was launched in December 2021 in a successful auction sale that raised $12.4 million. Its total supply is capped at 10 billion tokens. According to the token distribution chart, at least 37% of the supply will be used for ecosystem development. The rest of the tokens are held in reserves, and are set aside for marketing, private sales, the treasury and Alethea’s team. Alethea has a transparency page containing the ETH addresses for all of its token reserves. 

Alethea’s iNFTs have different Intelligence Levels (based on the amount of ALI tokens locked), which give them access to different AI services. 

The higher the intelligence level of an iNFT, the more powerful the AI services it can use. For example, an iNFT with an intelligence level of 2 has access to the broadcast AI service, and can broadcast short video messages. 

An iNFT with an intelligence level of 3 can interact in real time — for a small fee. If the iNFT consistently gets more ALI tokens through the real-time interactivity service, then its owner will have the option to increase its intelligence level further and enhance its intelligence advantage over other iNFTs. 

As an iNFT increases its intelligence level, Noah’s Ark will incentivize it to participate in gamified dataset creation mechanisms called “intelligence mining.” The metaverse incentivizes iNFTs to participate in games that enable them to contribute their experiences — that is, their unique datasets — and to be rewarded with ALI tokens. 

The Alethea AI protocol has a train-to-earn model which enables iNFTs to kick-start their evolution and achieve a cycle of ever-improving intelligence. After iNFTs reach a certain intelligence level, they can train their intelligence to earn more ALI tokens. Training can occur by unlocking and offering more AI services, engaging in more experiences, learning from others, or participating in intelligence mining games. As an iNFT becomes more capable and refined in its intelligence, so will its chances of earning more rewards. 

What Is the Noah’s Ark Intelligent Metaverse About?

Noah’s Ark ties together everything Alethea AI is trying to accomplish. It features a variety of proprietary and state-of-the-art AI models, including the Artificial Liquid Intelligence (ALI) engine that powers the Noah’s Ark intelligent metaverse. It also offers various off-chain AI services to iNFTs with varying ALI levels. The Alethea AI team plans to add more AI models to the ALI engine, which in turn will lead to the availability of more AI services for iNFTs. 

With each new intelligence level, new AI services are unlocked. iNFTs can choose to utilize these AI services for personal or commercial purposes and earn ALI tokens. 

One important point to note is that while the AI services might be the same across various iNFTs, their outputs will be different because of the uniqueness of personality pods. For example, an iNFT of Shakespeare won’t write the same copy as an iNFT of Aristotle does. 

If an iNFT earns more intelligence (meaning ALI tokens) through AI services than it consumes, then that iNFT will have a powerful evolutionary advantage over other iNFTs — and will be able to not only offer more AI services, but also enhance its intelligence levels and access even more powerful and unique AI services. 

Noah’s Ark will also feature a market built on the iNFT protocol, where users can buy and sell various tokenized assets including personality pods and iNFTs. The marketplace will ease with discovery and provide more contextual information about the assets within Noah’s Ark. 

As of Aug 23, 2023, ALI’s price stands at $0.016, a drop of over 90% from its all-time high of $0.20 on Apr 2, 2022, and a rise of 183.67% from its all-time low of $0.0057 on Nov 13, 2022.

Despite prevailing bear market conditions, numerous AI-based tokens are demonstrating robust growth due to the escalating adoption of AI technology. Alethea AI has also showcased steady overall growth in its trading volume over the past four months, despite a temporary dip from the sudden price spike triggered by heightened interest in AI tokens when ChatGPT experienced a surge in popularity in early 2023. 

Many price prediction experts are cautiously optimistic on ALI. Price Prediction 

 to $0.03 by the end of December 2025 and surpass the $0.10 threshold by 2029 to reach a maximum of $0.21 in 2030. Digital Coin Price also 

 for ALI, predicting peak values of $0.05 in 2025 and $0.17 in 2030.

The future for Alethea AI is promising, as evidenced by its backing from several notable investors, including Mark Cuban, Metapurse, Alameda, Multicoin Capital, and Dapper Labs (the company behind 

). The project managed to raise nearly $17 million through a private token sale. 

In October 2021, Alethea AI successfully auctioned its first iNFT series, called the Revenants, for 2,400 ETH (or around $10 million), breaking previous OpenSea records for a collection drop. The Revenants collection features 100 iNFTs of historical and mythical icons, including Cleopatra, Leonardo da Vinci, Joan of Arc, Aristotle, Hercules, Vincent van Gogh, and more. 

Alethea AI also broke records for its Personality Pod sale, selling the first 10,000 of their Personality Pods in an exclusive drop on 

 to launch CharacterGPT in February 2023, and has already upgraded it to a second version in the short span of six months. This puts it in competition with

, which draws over 1.5 million daily users. However, Alethea’s unique use of AI for its NFTs may give it some edge, especially for companies looking to build intelligent characters for various services. 

While Alethea AI does have vision, it’s clearly not a short-term investment. 

By investing in Alethea AI, you’re committing to investing in the future of the metaverse — and no one can say with absolute certainty what that future is going to look like. Interested investors should do their due diligence before putting down any money. 

The merging of AI and NFTs is poised to become the next big thing in the cryptocurrency space. It’s already starting to pick up steam in the 

 and NFT art spaces with the emergence of text-to-art AI algorithms. However, Alethea AI is the first entity to come up with a new standard for building intelligent NFTs with open-ended and temporally consistent AI-generated personalities. Its AI protocol has opened the door for NFT aficionados to be immersed in enjoyable interactive experiences, create rich stories and explore mankind’s collective intelligence.

Alethea AI (ALI): iNFTs and the Intelligent Metaverse

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