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

Strategies

Trading

Explainers

Master swing trading by understanding its mechanism, strategies, tactics to its risks. Explore how to start swing trading crypto today.

Imagine unlocking the secrets to successful swing trading, capturing price swings, and maximizing profits with the help of the best swing trading indicators. In this journey through the world of swing trading, we will master the use of various 

, from momentum to trend and volume, to make informed decisions and outperform the market using the best swing trading indicators.

Swing trading is a popular trading strategy that involves holding positions for short to medium periods, aiming to capture price swings and maximize profits using technical and fundamental analysis. Grasping swing trading indicators, including the use of a reliable swing trading indicator, is key to identifying suitable stocks for your unique risk level and trading approach, and also to determine the right times for entry and exit. As a swing trader, while day trading focuses on short-term trades within a single day, swing trading allows for a more extended timeframe, different from position trading, which involves holding positions for longer periods. Incorporating various trading strategies, such as swing trading, can help traders diversify their portfolio and adapt to market conditions.

Momentum indicators hold a significant role in swing trading, aiding traders in pinpointing the force of a trend and possible reversals. Utilizing indicators such as the 

 (RSI) and the Stochastic Oscillator enables swing traders to gain a clearer understanding of market conditions and make smart decisions to optimize their profits.

The Relative Strength Index (RSI) is a widely-used momentum indicator that measures the speed and magnitude of price movements, helping traders identify overbought and oversold conditions and potential trend reversals. Swing traders often use the RSI indicator to pinpoint when a cryptocurrency is overbought or oversold. This helps them make profitable trading decisions. When a security is overbought or oversold, the RSI can indicate a heightened likelihood of a pullback or correction. Identifying these corrections in advance can help traders capitalize on potential profits.

RSI serves as a beneficial instrument for making trading decisions. It can also be used to observe center line crossovers. The RSI indicator is a useful tool when trying to gauge the strength of a trend. When it passes its center line, it indicates that the trend is rising. Divergence between the RSI and the actual price action of a security can also be a valuable tool for anticipating trend reversals, especially when the market is in a trend.

The Stochastic Oscillator is another well-regarded momentum indicator that juxtaposes an asset’s closing price with its price range over a designated period, assisting traders in determining overbought and oversold levels and predicting trend reversals. The Stochastic Oscillator is depicted on a chart between zero and 100, with overbought and oversold zones above 80 and below 20, respectively.

Traders utilize the Stochastic Oscillator for the following purposes:

However, it is prudent to combine this indicator with other forms of technical analysis to account for volatility.

 (MACD) are examples of technical indicators that offer useful perspectives on the course and intensity of a market trend. Recognizing trends and their intensity allows swing traders to make smarter decisions and potentially seize larger profits.

Moving averages are simple yet effective trend indicators that smooth out price data, helping traders identify trends and potential entry and exit points. They can be calculated using Simple Moving Averages (SMA) or Exponential Moving Averages (EMA), with the latter placing greater emphasis on recent price action by assigning it a higher weightage.

When a short-term moving average crosses a long-term moving average, it may indicate a good opportunity to buy, which is a bullish signal. This method, referred to as crossovers, can serve as a significant tool for swing traders aiming to optimize their profits.

Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) is a versatile trend-following indicator that uses moving averages to determine an asset’s momentum, providing valuable insights for swing traders. It is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA, although these parameters can be adjusted as per the user’s requirements.

For optimal results in swing trading with Moving Averages and MACD, the latter should be utilized to confirm the signals generated by the Moving Averages. When the Moving Averages cross over or diverge, confirmation from the MACD should be sought to validate the signal.

Volume indicators like On-Balance Volume (OBV) and Volume-Weighted Average Price (VWAP) gauge trading activity and liquidity, offering swing traders useful data to verify trends and spot potential trend reversals.

The On-Balance Volume (OBV) is a momentum-based volume indicator that adds and subtracts volume to confirm trends and detect bullish or bearish divergences. OBV accumulates the trading volume on days when the price rises and subtracts the volume on days when the price falls, making it easier to identify volume trends and divergences.

Noteworthy surges in volume may distort the indicator, so it is important to monitor an economic calendar. Additionally, the shorter the time frame, the less dependable this indicator is.

 Price (VWAP) is a volume indicator that calculates the average price of an asset, weighted by volume, providing insights into liquidity and potential support and resistance levels. The VWAP can provide insight into the liquidity of an asset by helping traders identify points of liquidity at certain price levels throughout the trading day.

When the VWAP is close to the current price, it suggests high liquidity or a significant amount of trading activity. Conversely, when the VWAP is distant from the current price, it suggests lower liquidity. Traders can utilize VWAP to identify potential support and resistance levels as well.

Support and Resistance Levels in Swing Trading

Determining support and resistance levels is vital for swing traders, as these levels can signal potential trend reversals and suggest entry and exit points. Techniques for determining support and resistance levels in swing trading include:

These techniques can be beneficial for identifying support and resistance levels in swing trading.

Employing a combination of indicators can yield more precise and trustworthy trading signals, aiding swing traders in making smarter decisions. For instance, combining RSI and Stochastic Oscillator for swing trading can provide stronger signals for entry or exit points, while using Moving Averages and MACD together can help increase the accuracy of swing trading signals.

Risk Management Strategies for Swing Trading

Adopting risk management strategies like stop-loss orders and position sizing is imperative for swing traders to safeguard their capital and boost profits. Stop-loss orders help to limit potential losses on a trade by automatically selling a stock when it reaches a predetermined price, while position sizing involves calculating the number of shares or contracts to buy or sell based on factors such as risk tolerance, account size, and the specific trade setup.

In conclusion, mastering the use of various swing trading indicators, such as momentum, trend, and volume indicators, can help traders make more informed decisions, maximize profits, and minimize risks. By identifying trends and their strength, detecting potential reversals, and implementing risk management strategies, swing traders can outperform the market and achieve success in this exciting and potentially profitable trading style. #Bybit #CryptoArk

Which indicator is best for swing trading?

The moving average indicator is the best for swing trading, allowing traders to chart days ranging from five to 200.

What is the most successful swing trading strategy?

The most successful swing trading strategy involves using simple moving averages (SMAs), looking for breakouts with trendlines, support and resistance levels, and chart patterns such as triangles and flags. It is also important to enter trades where there is a favorable risk/reward ratio and exit trades with a specific plan. Being disciplined about taking small losses is also key to successful swing trading.

What is the best chart setup for swing trading?

The ascending triangle pattern is one of the best swing trading chart patterns for predicting bullish reversals, signaling that the buyers are in control and the stock is likely to swing up.

What is the best RSI value for swing trading?

For swing trading, it is generally recommended to use a 14-period RSI with overbought and oversold levels set at 70 and 30, respectively.

What is the main difference between swing trading and day trading?

Swing trading involves holding positions for short to medium periods and focuses on capturing price swings, while day trading requires closing all positions before the end of the day and relies more on intraday price movements.

The Ultimate Guide to the Best Swing Trading Indicators

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