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

Strategies

Trading

Scalp trading in crypto is not identical to forex trading despite the conceivable concept. Learn the pros, cons & best scalping strategies.

As the cryptocurrency market continues to evolve, traders are constantly seeking innovative ways to maximize profits. Crypto scalping is one such technique that has gained popularity among traders for its potential to yield consistent returns. But what exactly is crypto scalping, and how can you leverage this strategy for maximum profits? Buckle up as we unveil the best crypto scalping strategies and tips that will help you navigate the ever-changing landscape of cryptocurrency trading.

At the heart of crypto scalping lies the idea of capitalizing on minor price fluctuations in the volatile cryptocurrency market to achieve small profits. This short-term trading strategy entails purchasing at the bid price and selling at the asking price, enabling traders to benefit from market prices even when orders and sales are not modified.

Crypto scalping relies heavily on technical analysis, as traders use numerous tools and indicators to spot profitable trading opportunities. Nonetheless, understanding the potential risks and challenges this trading method presents is paramount.

Some key points to consider when engaging in crypto scalping include:

By keeping these factors in mind, traders can increase their chances of success in crypto scalping.

Whether in forex trading or crypto trading, successful scalping requires the following:

To achieve this, traders often employ a well-defined algorithm of actions, utilizing a trading system containing a complete set of trading rules.

Technical indicators such as moving averages, 

, and oscillators are often employed for scalp trading purposes, including crypto scalping. Additionally, leveraging plays a pivotal role in maximizing profits since a crypto scalping trading strategy necessitates a considerable amount of capital.

Navigating the world of crypto scalping becomes easier with our top five crypto trading strategy options:

These strategies cater to both novice and experienced traders and offer unique approaches to capitalize on market opportunities.

, a favored crypto scalping strategy, revolves around buying at support levels and selling at resistance levels within a stable price range. This approach works best in flat markets, where price fluctuations are limited and predictable.

To successfully implement range trading, traders typically follow these steps:

Arbitrage trading, a profitable crypto scalping strategy, capitalizes on minor price variations between cryptocurrencies across different markets. The idea is to buy a cryptocurrency at a lower price in one market and then sell the same cryptocurrency at a higher price in another market, thereby profiting from the price difference.

To effectively respond to arbitrage opportunities, it is imperative to take prompt and decisive action and to monitor prices across all markets simultaneously. This often requires the use of advanced tools like arbitrage scanners, which draw data from multiple exchanges and present it on a unified dashboard.

The bid-ask spread strategy aims to profit from the price difference between the bid and ask price in a rapidly changing market, buying low and selling high. This strategy capitalizes on the price disparity and permits scalpers to generate swift profits over a brief time frame.

To implement the bid-ask spread strategy, traders need to follow a step-by-step procedure: select the trading pairs, monitor the market, recognize the spread, submit buy and sell orders, and finalize the position. However, it is important to be aware of potential risks and weaknesses, such as 

, liquidity issues, slippage, transaction costs, timing challenges, and regulatory risks.

The moving average crossover strategy uses short-term and long-term moving averages to identify potential trend shifts and pinpoint investment opportunities. This strategy focuses on bullish crossovers (short-term moving average crossing above long-term moving average) and bearish crossovers (short-term moving average crossing below long-term moving average) as indications of potential changes in the trend direction.

The moving average crossover strategy most frequently utilizes the 50-day and 200-day moving averages, which help recognize trends and potential buying or selling opportunities in crypto scalping. These moving averages add reliability to short-term trading strategies and can be employed to capture price swings over days or weeks.

In crypto scalping, the price action strategy hinges on the analysis and interpretation of the asset’s price movement. This strategy focuses on short-term technical analysis to identify potential investment opportunities through the observation of price movements and patterns.

Among the patterns typically assessed in the price action strategy are:

Traders also employ technical indicators tailored to very small time frames for scalping. Price action patterns play a significant role in examining the market in this strategy, providing valuable insights for traders to make informed decisions.

Successful crypto scalping requires traders to be well-equipped with vital tools like:

API tools offer features such as wallet integration, transaction support, and market price tracking, providing traders with comprehensive market data to make informed decisions. Analyzing trading charts is also crucial for formulating an effective strategy, helping traders identify trends, price movements, and potential entry and exit points.

Crypto scalp trading boasts numerous benefits including low risk, the prospect of regular small profits, and the convenience of automation. This trading strategy, also known as crypto scalping, is particularly appealing to those who prefer to execute multiple trades in a short span of time, capitalizing on minor price fluctuations in the volatile cryptocurrency market.

Nonetheless, crypto scalping presents its unique challenges such as low profit per trade, steep trading fees, the need for quick reactions, and intense trading demands. Furthermore, transaction fees, which are essentially 

, play a critical role in crypto scalping, as scalpers often execute up to a hundred trades per trading session. Therefore, it’s vital to choose a low-fee platform and combine multiple strategies to minimize costs and maximize profits.

For crypto scalping beginners, a demo account proves invaluable, allowing them to refine their scalping strategy and avoid significant losses in real trades. Additionally, selecting a platform with low fees helps minimize expenses and increase profitability.

can help maximize profits and minimize risks. Performing comprehensive research prior to executing any trades is also essential, as it offers valuable insights into market trends, price movements, and potential entry and exit points.

Comparing Crypto Scalping to Other Trading Strategies

Crypto scalping differs from other trading strategies such as day trading and swing trading, particularly in terms of holding period, trade frequency, and its focus on technical analysis. While scalpers typically execute dozens of trades daily, day traders usually conclude no more than a few trades per day and hold their positions open for no more than a few hours.

On the other hand, swing trading involves holding positions for a few days to weeks, or even months, focusing on capturing larger price movements over a more extended period. Crypto scalping signals can also provide an opportunity to supplement trading balance for swing traders while waiting for longer-term trades to materialize.

Crypto scalping is a promising trading strategy that can offer consistent returns when executed correctly. By understanding the principles of crypto scalping, employing the top strategies, utilizing essential tools, and adopting valuable tips, traders can capitalize on minor price fluctuations in the volatile cryptocurrency market. With dedication, practice, and continuous learning, you too can master the art of crypto scalping and unlock its full potential.

What is the most successful scalping strategy?

For successful scalping, leverage trading is the best strategy as it enables traders to increase exposure in the forex market using only a small percentage of the asset value. Another popular method is mark making, which involves putting out a bid and offer for the same stock at the same time, ideally with stocks that don't show any price movement.

Scalping in crypto can be profitable, but transaction costs should be taken into consideration as they can reduce overall profits.

What is the primary goal of crypto scalping?

The primary goal of crypto scalping is to capitalize on minor price fluctuations in the cryptocurrency market to make small profits.

How does crypto scalping differ from day trading and swing trading?

Crypto scalping involves shorter holding periods, more frequent trades and a greater emphasis on technical analysis than day trading or swing trading.

What are some essential tools for successful crypto scalping?

To succeed in crypto scalping, it is essential to have trading bots, API tools, and trading charts to automate trades, monitor market data, and analyze price movements.

Discover the Best Crypto Scalping Strategies for Maximum Profit

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