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

Yuga Labs, the team behind the famous Bored Ape Yacht Club NFT collection, is back with a new skill-based NFT mint, Dookey Dash. Find out more in this article.

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For months, Yuga Labs has been at the center of the NFT market. Its 

 collection has been vastly popular, and the company has made millions. In an exciting

 on its Twitter page, Yuga Labs has recently launched its next big movement. Its new game, called 

 market. Is it worth the hype? Explore this guide to discover the details of what 

 is a skill-based NFT mint from Yuga Labs. Players can compete in an endless running challenge, and those who get the top scores will receive currently undisclosed prizes.

 will be a web-based game that you can play from any internet browser. It's an "endless runner" game much like 

 and other similar classics. This game is significantly different from many other play-to-earn games because it isn't just about tapping buttons and waiting. Instead, it's a skill-based game where your decisions will directly impact the sorts of rewards you can access.

 is a limited-time challenge that already has the NFT and crypto worlds buzzing. Ever since the announcement was made, there have been huge spikes of interest in Yuga Labs and both the Bored Ape Yacht Club and 

 collections. In fact, Mutant Ape NFT sales are up by 124% while Bored Ape NFT sales have spiked by 171%.

Yuga Labs is the company behind the wildly successful Bored Ape Yacht Club NFTs. Bored Ape NFTs are Ethereum-based NFTs that an algorithm procedurally generates. They consist of a variety of ape-based images that show a cartoon ape with various features, clothes, and hats. Anyone who purchases a Bored Ape NFT joins the Bored Ape Yacht Club and also has all media rights to the ape they purchased.

will operate as both a game and a free NFT mint. Between Jan 18 and Feb 8, users can participate in the game with a special pass, known as a Sewer Pass. The basic goal of the game is to run as long as possible before you get wiped out. The longer you run, the higher the score you get. Your pass can then evolve into different rewards depending on how well you do in the game. 

So far, Yuga Labs has been very secretive about what exactly the top scorers will win. No one knows whether the prize will be a new ape or an NFT from another brand-new line of characters. To generate hype, Yuga Labs has created a plot behind the game. The 

 game is part of the "Jimmy the Monkey" storyline that involves entering BAYC sewers to find a bathroom where players can get a key from Jimmy.

One of the big reasons people are so excited is that 

 promises to be entirely skill-based. Many other play-to-earn games and NFT mints, on the other hand, rely on random chance. Though this can be a democratic way of managing NFT mints, it can end up feeling like success is entirely based on luck.

, your skills and determination will control how far you go. Your points are based on how long you can manage to keep running. If you get knocked off, you have to go back to the start and begin again. Therefore, players who are willing to put the time into learning this game and avoiding common obstacles are more likely to end up on the top score leaderboard.

. However, you do need to be holding a certain type of NFT. This NFT is a limited-edition NFT called a Sewer Pass. You get it by entering the 

 site and showing your credentials. If you own a Yuga Labs NFT — either a Bored Ape or Mutant Ape NFT — you can claim a free Sewer Pass. These passes come in four different tiers that each have point-earning bonuses. 

The lowest-level tier is the Sewer Pass you get with a Mutant Ape NFT. Combining a Mutant Ape and Bored Ape Kennel Club NFT gives you a Tier 2 pass. A Bored Ape Yacht Club NFT puts you at Tier 3, and a Bored Ape Yacht Club NFT combined with a Bored Ape Kennel Club NFT will give you the highest bonus percentage possible at Tier 4.

 tries, as long as you use it within the game's time window and score more than 0 points. You can also sell the free Sewer Pass on the secondary marketplace or transfer it to a friend who wants to try the game. High scores will be linked to the wallets that hold the passes, not the Sewer Passes themselves. Some people may plan on keeping their pass instead of minting another NFT with it, so they can display it as personal art.

 from a variety of computers, tablets and smartphones. The game is supported on Chrome, Edge, Firefox, and Safari. All you need to do to get started is go to the 

The first thing you'll need to do on the 

 website is to present your Sewer Pass. From Jan 17,  a day before the game officially starts, Bored Ape or Mutant Ape NFT holders will be able to claim their very own Sewer Pass. If you aren’t a holder, fret not as you can still purchase a Sewer Pass from Sewer Pass holders who don't plan on playing.

high score is tied to the unique combination of your wallet and your Sewer Pass. If you move the Sewer Pass to another wallet, this generates a new wallet and pass combination and the existing high score will be gone. You would have to then start from zero. However, if you move the Sewer Pass back to the original wallet to generate the original unique combination, you will retrieve your high score record. You can hold multiple Sewer Passes in your wallet, and each Sewer Pass will have its own individual score.

 is fairly straightforward. The game's background will scroll along at an even rate as your character zooms forward. You may be able to dodge to avoid obstacles in your way. If you fail to swerve at the right time, you lose the game. The longer you dive through the sewer, the more 

points than merely dashing through the game. Firstly, you can gain additional points by collecting specific types of fragments in the sewer. Next, destroying obstacles can help you further boost your scores. Lastly, you can also purchase power-up packs for APE tokens. Equipping the boosters can help you achieve additional points.

 isn't just about beating your personal best record. The whole point of the game is to score more than other players. There will be a universal leaderboard that will track the scores of everyone who plays the game. Your place on this leaderboard determines your rewards later on.

However, as mentioned previously, Yuga Labs has been purposefully secretive about what these rewards for Sewer Pass holders will be. The only thing players know for sure is that the very top scorer on the 

 leaderboard will get the key featured in the

, and according to the official website, their Sewer Pass "will be eligible to transform into the ultimate…whatever they're called."

Since this is a limited-time NFT mint, the gameplay will end on Feb 8, 2023 and all top scores will be frozen. Yuga Labs will then spend a week validating scores. On Feb 15, 2023, eligible Sewer Passes will transform into a new reward. 

 score is linked to the accompanying wallet, so you will need to hold your Sewer Pass in the wallet you got a good score on. Trading the pass during the validation period will cause the score to permanently reset to zero.

On Feb 15, "The Summoning" event will occur. During this summoning, eligible Sewer Passes will transform into something else. While Yuga Labs hasn't said what they are, it seems to be some sort of new, limited-edition NFT that may continue to evolve throughout 2023.

The criteria for a Sewer Pass to transform is quite low. You just need to have a pass that has a score of more than zero. As long as you've played the game for more than a few seconds, your Sewer Pass will most likely transform. Keep in mind that your score does affect the value and rarity of what you get, so it's worthwhile to play for a higher score even if you don't expect to make the top of the leaderboard.

If you're already a Bored Ape or Mutant Ape holder, there's no reason not to play 

. You get a free Sewer Pass, and there's always a chance it will transform into something cool. Even if you do have to purchase a pass from other Sewer Pass holders, playing might still be worthwhile.

Yuga Labs is one of the most reliable NFT companies, and the team has generally upheld its promises to create valuable rewards for its customers. Though no one knows what will happen during the NFT mint, there are certainly chances for valuable rewards. If you play the game right, there's a chance you could end up with something as good as the most valuable Bored Ape NFTs.

 event will provide a lot of very promising opportunities. This skill-based NFT mint has the potential to give good players a lot of rewards. Even for those who don't plan on playing, the increased spike in interest in Bored Ape NFTs over the next few weeks will result in some neat investment chances.

Dookey Dash: The Latest Yuga Labs Skill-Based NFT Mint

Compete for 2,500 USDT Every Week

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