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

Trading

Timing is everything when it comes to trading. Learn how to use these indicators in oscillator trading to enter and exit at a prime time.

It’s a common challenge for traders to clearly identify entry and exit signals for trades, especially in a volatile market. While 

 can provide a wider perspective on market conditions, 

 the momentum of the market and focusing on short-term price movements.

Despite their perks, oscillators all have certain limitations. Let’s explore the mechanics of oscillators and learn how to apply them correctly. 

Oscillators are technical analysis tools that measure a security's momentum and overbought/oversold conditions. 

They’re based on mathematical formulas that analyze a security's price and volume data over time, generating a line or 

 that fluctuates within a range, commonly between 0 and 100 or between −100 and +100.

Oscillators are valuable tools for identifying potential trend reversals or continuation in the market. When an oscillator reaches an extreme high or low value it indicates that a security is overbought or oversold, respectively. In such cases, the price has moved too far and too quickly in one direction and is expected to reverse or correct itself soon. Armed with this knowledge, traders can anticipate a change in the price direction and enter or exit a trade accordingly.

Additionally, oscillators can signal trend continuation when they move in the same direction as the price. For instance, when a price is in an uptrend and the oscillator is above a certain level, the momentum is positive and the trend is likely to continue. Using this information, you can remain in a trade or increase your position until the oscillator exhibits signs of weakness or divergence. Divergence occurs when the price and the oscillator move in opposite directions, indicating a possible trend reversal.

Traders use both indicators and oscillators as technical analysis tools to make trading decisions. Oscillators are a type of indicator, but not all indicators are oscillators. While these tools share the same goal, they have distinct characteristics and purposes.

Indicators are applied directly onto a price chart, providing a broader perspective on the market. They can be classified into two categories: trend-following and trend-reversing. Trend-following indicators, such as 

, help traders identify and track the market's prevailing trend. Trend-reversing indicators, such as 

, help traders anticipate potential changes in trend direction.

In contrast, oscillators are plotted in a separate window above or below the price chart, and focus on short-term price movements. They measure the momentum and overbought/oversold conditions of a security by comparing the current price to its past prices. Based on these measurements, oscillators help traders spot possible entry and exit points in the market. 

Commonly used indicators in trading include moving average (MA), Bollinger Bands® (BB) and average directional index (ADX). Popular oscillators include relative strength index (RSI), moving average convergence divergence (MACD) and the stochastic oscillator.

Various types of oscillators are used in trading to time entry and exit points. Below is a comprehensive list of different oscillators used by traders.

Each oscillator has a unique formula and characteristics, giving traders different perspectives on price movements and potential trading signals. Traders may focus on a specific oscillator, or combine multiple oscillators to understand market conditions better in order to make profitable trading decisions.

Oscillator Day Trading vs. Oscillator Swing Trading 

There are two different approaches to using oscillators: oscillator day trading and oscillator 

. Day traders use fast-moving oscillators, such as RSI or the stochastic oscillator, to identify short-term overbought and oversold market conditions. Based on these conditions, predetermined criteria generate buy and sell signals, and day traders hold their positions for a few minutes to hours, depending upon market volatility and trading strategy.

Swing traders, on the other hand, use slow-moving oscillators, like MACD or CCI, to identify medium-term market trends. Predetermined criteria then generate buy and sell signals based on these trends. Swing traders hold their positions for several days to weeks, depending upon the strength of the trend and their trading strategy. 

The choice of oscillator and time frame varies based on trading style and market conditions. Day traders may prefer more responsive and sensitive oscillators, while swing traders may opt for more stable and consistent ones. In addition, day traders may also use shorter time frames, such as 5-minute or 15-minute charts, while swing traders may use longer ones, such as daily or weekly charts. However, it's important for traders to confirm their signals and avoid false alerts by using multiple time frames.

Best Oscillator Indicators for Finding Entry and Exit Points 

The top five oscillators for timing entry and exit points are as follows:

This oscillator measures the speed and change of price action by comparing the magnitude of gains and losses over a period (usually 14 periods). RSI ranges from 0 to 100, with values above 70 indicating overbought conditions and values below 30 indicating oversold conditions. Traders can use RSI to identify potential reversal points in the market and generate buy and sell signals. For example, a trader might buy when the RSI falls below 30, and sell when the RSI rises above 70. RSI can also identify divergences between the price and the oscillator, signaling a trend reversal or continuation.

This oscillator compares a security's closing price to its price range over time, usually 14 periods. It consists of two lines: %K, which is the ratio of the current closing price to the highest and lowest prices over the period, and %D, which is a 3-period moving average of %K. The stochastic oscillator ranges from 0 to 100, with values above 80 indicating overbought conditions and values below 20 indicating oversold conditions. 

Traders can use the stochastic oscillator to pinpoint potential entry and exit points based on these conditions. For example, a trader might buy when the %K line crosses above the %D line from below 20, and sell when the %K line crosses below the %D line from above 80. The stochastic oscillator can also identify divergences between the price and the oscillator, signaling a trend reversal or continuation.

Moving Average Convergence Divergence (MACD)

This oscillator calculates the difference between two moving averages of the price, usually a 12-period and a 26-period exponential moving average (

). It also plots a signal line, a 9-period EMA of the MACD line. The MACD line generates buy and sell signals as it crosses above or below the signal line, respectively. 

Based on these signals, traders can use the MACD to identify possible entry and exit points in the market. For example, a trader might buy when the MACD line crosses above the signal line from below zero, and sell when the MACD line crosses below the signal line from above zero. 

The MACD histogram is the difference between the MACD line and the signal line, and indicates the momentum of the price movements. You can use the MACD histogram to identify divergences between the price and the oscillator, signaling a trend reversal or continuation.

This oscillator measures market volatility by calculating the average range of price movements, usually over 14 periods. The ATR doesn’t indicate the direction of the price movements but, rather, their magnitude. Traders can use ATR to determine stop-loss and profit targets, based on risk tolerance and trading style. For example, a trader might set their stop-loss level at two times the ATR value below their entry point, and their profit target at four times above their entry point.

CCI measures the price deviation from its average over time, usually 20 periods. It uses a constant factor of 0.015 to scale the deviation to fit within a range of −100 to +100. CCI can be used to identify trends, reversals and divergences. Values above +100 indicate an uptrend and a potential reversal point, while values below −100 show a downtrend and a potential reversal point. As the CCI crosses above or below zero it generates buy and sell signals, respectively.

Oscillator indicators have several benefits when used for trading:

While they have their benefits, there are also a few drawbacks to using oscillator indicators.

What Other Indicators Should Be Used With Oscillators? 

Oscillators are informative tools for identifying market trends and generating buy and sell signals, based on overbought and oversold conditions. However, traders should know that oscillators aren’t foolproof, and can often produce false or misleading signals, particularly in choppy or sideways markets. As such, it's wise to use other technical indicators in conjunction with oscillators to bolster the reliability of trading signals.

One example is the trend-following indicator, which helps traders follow the prevailing market trend, making oscillators more effective. For example, a trader might use a moving average to ascertain the direction of the trend, and then use an oscillator to pinpoint the best entry and exit points within that trend. Conversely, a trader may use support and resistance levels to determine the trend's boundaries, and then use an oscillator to spot potential breakouts or breakdowns of these levels.

By using a combination of momentum oscillators and indicators, traders can avoid false or contradictory signals and increase their chances of success. However, using too many indicators can lead to analysis paralysis and confusion. Therefore, traders can benefit by carefully selecting a few indicators that align with their trading style and strategy, and then using them consistently and effectively.

Are Oscillators Suitable for Beginners? 

Oscillators can be suitable for beginners who are interested in technical analysis, and want to learn how to identify trends and reversals in the market. However, beginners should be aware of the limitations involved and use oscillators with other technical analysis tools to confirm signals and reduce risk. Beginners can also start with a 

 and practice using oscillators before trading with real money.

Oscillators are useful technical analysis tools that can assist traders in identifying market trends and reversals. They generate buy and sell signals based on overbought and oversold conditions and can be applied to various markets and time frames.

It’s important to note, however, that oscillators have their limitations and should be employed with other technical analysis tools to confirm signals and mitigate risk. They can benefit novice and experienced traders seeking to enhance their trading strategies.

Nonetheless, while oscillators can improve trading performance and reduce risk, they aren’t a magic bullet for success in trading. Traders are advised to integrate oscillators into a comprehensive trading strategy that includes risk management, money management and psychological discipline. 

Top 5 Indicators for Timing Entry and Exit Points in Oscillator Trading

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