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

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Explainers

Altcoins

Artificial Intelligence (AI)

Akash (AKT) is a blockchain platform enabling the decentralized exchange of computing resources like CPU, GPU, memory, and storage.

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The currently unfolding revolution in artificial intelligence (AI) has created a lot of enthusiasm, both among consumers and businesses. However, supporting all this enthusiasm and pushing the boundaries of what AI can do comes at a significant cost, as AI algorithms often require tremendous computing resources and processing capacity. Centralized servers and even traditional cloud service providers struggle to meet the ever-growing demands of AI computations. Fortunately, blockchain platforms that enable crypto-based trade in decentralized computing resources provide a great alternative to Web 2.0–based solutions.

In the niche of decentralized computing services, few projects can rival the fame and efficiency of Akash (AKT), one of the pioneers of blockchain-based trade in cloud computing resources. Launched in 2018, Akash is a leading decentralized cloud computing platform, offering flexible and affordable access to GPU, CPU, memory and storage resources sourced from a network of providers worldwide. In essence, the Akash network operates as a decentralized cloud computing marketplace.

In 2023, Akash took its cloud services to a completely new level with the launch of the Akash Supercloud — a "cloud of clouds" that enables the distributed trade of GPU computing power with a focus on AI use cases.

 (AKT) is a blockchain-based distributed cloud computing marketplace that enables the trade of hardware resources, such as GPU, CPU, memory and storage. To achieve this goal it brings together resource providers, incentivized by crypto rewards, and resource consumers who need access to such capacity on a flexible, affordable and easy-to-use basis. 

, and is part of the broader ecosystem of Cosmos-based blockchains. It uses a 

The Akash project was founded in 2018 by Overclock Labs, a software development outfit founded by Greg Osuri and Adam Bozanich. The platform's mainnet was launched in September 2020. Originally, the Akash network offered access to distributed CPU, memory and storage capacities. In 2023, recognizing the explosive growth of AI services and the importance of GPU computing in enabling resource-hungry AI computations, the platform launched its Supercloud, part of the sixth iteration of the Akash mainnet. The Supercloud introduced the functionality to trade GPU capacity on the network.

The pivotal sixth mainnet upgrade also introduced the option for resource consumers to pay for access to computing capacity in 

, in addition to the option to pay in AKT coins. This helped ensure cost stability for resource users who had previously depended upon AKT's market price fluctuations when leasing Akash's services on a long-term basis.

Akash's architecture includes four principal components.

Besides providers and tenants, another key role on the network is that of validators. Akash validators don't participate in the distributed hardware resource trade. Instead, their job is to provide transaction validation services to keep the overall platform functioning and free from security threats.

Akash uses a reverse auction system in its decentralized marketplace to enable trade in computing resources. Tenants can deploy apps in three easy steps: 

Resource providers then offer their bids to meet the users’ requirements. The lowest bidder gains the right to provide the requested resources. Thanks to the competitive reverse auction mechanism, Akash represents a cost-effective alternative to traditional cloud providers for resource consumers.

Providers can gain access to reverse auctions held on the network by installing and running provider node software and 

 AKT coins. The number of active providers on the network fluctuates depending upon the ongoing activity. As of Aug 15, 2024, there are close to 70 resource providers offering their services on the Akash network from locations all over the world.

Akash boasts a thriving ecosystem of tools and apps. Below are some of the main apps deployed on its network.

Akash Console provides tenants with the tools to easily source computing capacity from the network. In order to start leasing hardware resources on Akash, users first need to create a virtual container that specifies their resource requirements. Alternatively, they can choose from pre-made templated containers. The Console app makes it easy to deploy containers, evaluate bids from providers, choose a provider and monitor their performance.

Praetor App is the main interface for resource providers to offer bids and manage their capacity provision on the platform. It allows providers to interact with the network using a set of easy-to-use graphical user interfaces (GUIs) as alternatives to command-line options. Using Praetor App, providers can set up virtual machines and join the network as multi-server or single-server resource suppliers.

AkashChat is a generative AI tool similar in concept to the highly popular ChatGPT. It operates on the Akash Supercloud and supports various large language models (LLMs), with Llama 3.1 as the default model as of Aug 15, 2024. This setup provides users with a quick, free and privacy-focused chat experience without having to sign in. We asked AkashChat how it differs from its legendary Web 2.0 competitor, and below is what we received in response.

 Akash Supercloud, SDXL is a text-to-image generative AI tool. Developed by Stability AI, SDXL utilizes high-grade GPUs on Akash’s network to generate quality images in response to user prompts. We provided a prompt to the app to "

Generate the image of a cat that would resemble the famous Dogecoin dog.

" SDXL found a provider with the GPU capacity to process the request within seconds, and it took a few more seconds to generate the image below. Our view: not too bad, for a quick prompt where we haven't further refined or tested alternatives (which is also possible in SDXL).

The AKT coin, Akash’s native cryptocurrency, is used for several key functions.

AKT has a maximum supply specified at 388,539,008. The coin's total supply is over 248 million, with its circulating supply close to 248 million.

Where to Buy the Akash Network Token (AKT)

AKT is available on Bybit's Derivatives market through a USDT Perpetual futures contract (

), with which you can trade AKT with up to 25x leverage.

Bybit's Derivatives market provides access to flexible trading opportunities with leverage using hundreds of cryptocurrencies. To start your Derivatives trading on Bybit, you can register for a 

, which provides access to key markets and products available on Bybit, including Spot market, Margin trading, USDT Perpetuals, USDC Perpetuals and Options.

As of Aug 15, 2024, the AKT coin is trading at $2.57, which is 68.2% lower than its all-time high (ATH) of $8.07, achieved on Apr 6, 2021, and 1,454.7% higher than its all-time low (ATL) of $0.165, recorded on Nov 21, 2022.

Long-term price forecasts for AKT are generally bullish. PricePrediction 

 to trade at $5.21 in 2025 and $34.92 in 2030, whileDigitalCoinPrice 

Depending upon your investment approach, 

 and overall portfolio composition, you might consider the AKT coin for the following reasons:

Akash is a long-time veteran of the DePIN niche. It’s been a major player in the competitive field of cloud management services for a number of years, and with the launch of its Supercloud in August 2023, Akash aims to spread its reach to another highly lucrative sector — artificial intelligence (AI). All indications are that the project is accomplishing this mission successfully.

Trade in cloud resources has helped make Akash a major entity in the blockchain industry. Enabling the Supercloud and the GPU capacity trade might just take this well-respected longtimer to even greater heights.

Akash Network (AKT): A Decentralized AI Compute Supercloud

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