Canary Capital has filed with the SEC to launch a U.S. Tron (TRX) ETF that would include staking benefits, allowing investors to earn extra yield. 

The S&P 500 futures fall 1.5% amid US-China trade concerns and Fed warning; over 100 companies will report earnings this week. Gold hit a record ~$3,375, up 1.43%, on safe-haven demand amid tariff and geopolitical worries. Fed hawkishness may cap gains. CoinDesk Indices, which tracks the broader crypto market, rose 1.80% in the past 24 hours, while Bitcoin and Ether gained 2.70% and 3.41%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is STX, up 9.4%, following the announcement of Stacks gaining institutional support with major exchange listings and custodian backing.

Stacks (STX), founded in 2013, is a cryptocurrency project that enhances the Bitcoin blockchain by enabling decentralized apps (DApps) and smart contracts without altering Bitcoin's features. It operates as a Bitcoin Layer 2 (L2) blockchain, ensuring security through Bitcoin while allowing developers to build modular applications on top of the network. 

 with its listing on top 15 exchanges, the launch of the Grayscale STX Trust, and support from top-tier custodians like BitGo, Copper, and Figment.

Check out the latest prices, charts, and data of 

Canary Capital has filed with the SEC to launch a U.S. Tron (TRX) ETF that would include staking benefits, allowing investors to earn extra yield. This proposal is part of a broader trend, with Canary also seeking approval for ETFs based on assets like XRP, Solana, and Sui. The fund would aim to provide exposure to Tron’s price, but the SEC has yet to approve staking in crypto ETFs. This move follows the success of Bitcoin and Ethereum ETFs, which have attracted significant institutional interest.

During the week of April 14–18, 2025, U.S. Bitcoin spot ETFs recorded a modest net inflow of $13.7 million, entirely from non-GBTC products, as GBTC saw no activity. Since inception, total net inflows have reached $35.5 billion, with non-GBTC ETFs contributing $58.3 billion and GBTC experiencing $22.8 billion in outflows.

Orochi Network airdrop participants can now 

 their earned $ON tokens on the Monad Testnet to increase their Bonus Level and earn rewards faster. A minimum of 50 ON is required for the first claim, and subsequent claims have no minimum. New users can still join by signing up and starting the Prover. Daily check-ins open at 6 AM UTC and fill up quickly.

Beginner

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Canary Capital files for SEC approval of Tron ETF with staking benefits

There are a total of five ways you can buy USDC on Bybit: via Bybit P2P, Bybit One-Click Buy, Auto-Invest, Bybit Card and Bybit Convert. Learn more here.

 that maintains a 1:1 value with the US dollar through full reserves held in regulated financial institutions. This stability makes USDC an attractive option for traders looking to participate in the crypto market with reduced price volatility.

In this guide, we’ll explore the multiple ways to buy USDC on Bybit, detailing five distinct purchasing methods tailored to different preferences. You'll also discover practical applications for your USDC holdings, from trading opportunities to payment solutions and investment strategies.

Whether you prefer trading directly with other users or making quick purchases with a credit card, there's an option for you. Let's examine each method in detail.

 allows individuals and businesses to buy and sell USDC via peer-to-peer mode without intermediaries. You simply transact with another trader to purchase or sell your crypto with zero fees.

There are two main parties on the P2P platform — makers and takers. Makers place ads for buying or selling cryptocurrency, while takers are the users who place orders through the existing ads created by makers. Neither makers nor takers pay any fees on completed orders.

If you decide to go the P2P route to buy your USDC, you can either place a buy ad as a maker, or select an existing offer as a taker. Placing ads is completely free, although specific trading activity requirements exist. If you're a beginning trader on the platform, and want the easiest way to purchase USDC, selecting an offer from an existing ad as a taker is probably the preferred route.

If you need to trade USDC in large volumes (typically tens or hundreds of thousands of USDC per transaction), you may also choose to consider 

, which offers high order limits — up to $200,000 per order — as well as expedited transaction processing.

 feature to complete your USDC order efficiently. HotSwap combines offers from P2P traders with liquidity options from third parties, potentially delivering more choices and options.

Steps for buying USDC via the standard P2P option

2. How to buy USDC via Bybit One-Click Buy

The One-Click Buy service lets you quickly purchase crypto using several supported payment modes: P2P, bank card payments, third-party payments and your account's fiat balance. You can use a credit or debit card (including the Mastercard-powered 

), bank transfers, Apple Pay, Google Pay and other payment methods.

 is another way to purchase USDC on Bybit. The Auto-Invest option allows you to automatically buy crypto at regular intervals using the popular 

Bybit Card is a Mastercard crypto debit card that allows you to make online payments. The card is available to users in specific regions — EEA and CH, AIFC, Australia, Brazil and Argentina — with more locations to be added in the future. It's accepted by more than 90 million merchants within the Mastercard network. Upon successfully applying for your Bybit Card, you may proceed to 

 while you order and wait for your physical card to arrive. 

It's easy to buy USDC using the Bybit Card, as you enjoy reward features like loyalty points and cashback for USDC transactions. The steps for buying USDC using the Bybit Card are nearly the same as shown above in the One-Click Buy section, the only difference being that you'll need to specify your Bybit Card as the preferred payment method.

 lets you easily swap crypto assets without directly trading through the P2P route or other channels. Using Bybit's order books, the platform matches your order with current suitable orders and executes the requested swap. By leveraging Bybit's vast trading volumes and activity, Bybit Convert enables swift and efficient swaps.

If you have non-USDC crypto funds in your account, you can take advantage of the 

 function to buy the stablecoin as follows:

Steps to for buying USDC via Bybit Convert

USDC is more than just a stablecoin for trading; it offers various applications within and beyond the Bybit ecosystem.

USDC serves as a reliable base currency for trading various cryptocurrencies on Bybit.

Trading with USDC helps mitigate volatility risks between trades, as its value remains stable at approximately $1, allowing traders to preserve capital during market downturns.

USDC has emerged as a popular payment method due to its stability and wide acceptance.

Platforms on which users can make USDC payments include Travala for travel bookings, Newegg for electronics, and various crypto-friendly merchants via payment processors, such as BitPay and Coinbase Commerce.

USDC offers various investment opportunities on Bybit and beyond.

The benefit of investing with USDC is that your principal amount remains stable while generating returns, which is particularly attractive in volatile market conditions.

USDC combines dollar stability with digital efficiency on the Bybit platform. This guide has detailed five ways to purchase USDC, and explored its versatile applications for trading, payments and investing. Armed with this knowledge, you can confidently navigate Bybit's ecosystem and make the most of what USDC has to offer.

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A complete guide on how to buy USDC on Bybit

Apr 21, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly highlight — Trump wants to fire Powell? 

US president Donald Trump is actively considering firing Federal Reserve Chairman Jerome Powell, following Trump's public criticism of Powell for not moving quickly enough to reduce interest rates. National Economic Council Director Kevin Hassett confirmed that the administration is examining this option, suggesting that Powell's actions have politically favored Democrats. Hassett argued that the Federal Reserve's decision to raise interest rates shortly after Trump took office was intended to undermine the economic impact of the tax cuts implemented during his administration, which were deemed inflationary. He further criticized the Fed for not addressing inflation concerns stemming from federal spending under President Biden, implying a lack of accountability.

During a recent press conference, Trump conveyed his dissatisfaction with Powell, asserting that if he wanted to remove him, it could happen "real fast." While he did not explicitly state his intention to dismiss Powell, his remarks highlighted the growing tensions between the White House and the Federal Reserve regarding monetary policy. Hassett defended Trump's frustrations, advocating for a focus on economic policy rather than interpersonal conflicts. This situation underscores the complex dynamics between the executive branch and the central bank, as Trump navigates economic challenges leading up to the next election.

Weekly crypto highlight — XRP ETF coming

HashKey Capital has officially launched the HashKey XRP Tracker Fund, marking the first investment fund in Asia designed specifically to track the performance of XRP, the digital asset integral to Ripple's global payment ecosystem. This fund is aimed at professional investors and offers a unique opportunity to gain exposure to XRP without the complexities of direct asset management. Investors can subscribe through cash and in-kind options, with the fund providing monthly liquidity.

Ripple, as an early backer of the fund, is looking to enhance its strategic partnership with HashKey Capital, which already manages Hong Kong–listed spot ETFs for Bitcoin and Ethereum. This collaboration not only solidifies Ripple's presence in the Asian market, but also opens avenues for future financial products, such as the potential tokenization of a money market fund on the XRP Ledger. Fiona Murray, Ripple's Managing Director for the Asia-Pacific region, highlighted that this partnership is part of a broader strategy to introduce more regulated cryptocurrency products for institutional investors in the region, aiming to foster a more robust crypto landscape in Asia.

Advanced

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Weekly Institutional Insights: Trump’s desire to fire Powell might induce volatility; XRP ETF coming

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards.

Daily top performer — Pyth Network (PYTH)

The S&P 500 dropped 1.5% to 5,282.70 this week, down 5.9% in April and 10% year-to-date, led by tech losses. Real estate and energy outperformed, while political pressure on Fed Chair Powell and inflation concerns weighed on sentiment. Gold dipped 0.6% to $3,319 after a record high, as Powell’s stagflation warning tempered its rally. Despite the pullback, the uptrend remains intact. The Coindesk Indices, which tracks the broader crypto market, are up by 0.77%, with Bitcoin and Ether rising 0.64% and 0.72%, respectively, over the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is PYTH, up 10.1%, following the launch of Pyth Entropy for secure on-chain random number generation by Soneium.

Pyth Network (PYTH),  is a blockchain oracle system that delivers real-time crypto price data to blockchains, enabling smart contracts to react to market changes. Soneium 

 Pyth Entropy, a tool for securely generating random numbers on-chain. Two apps, HandsNFT AI and 2p2e, are already utilizing Pyth Entropy to create unpredictable and engaging experiences.

Hong Kong's Securities and Futures Commission (SFC) has approved a new Ethereum ETF with staking capabilities, allowing institutional investors to earn staking rewards. This approval follows recent changes to local laws, with China Asset Management (ChinaAMC) partnering with OSL Digital Securities to launch the ETF by May 15. The ETF will offer exposure to Ethereum staking, transforming it from a passive investment into an active participant in the Ethereum network. The staking process is powered by Kiln, with OSL providing custody and insurance services. The rewards will contribute to the ETF's net asset value, benefiting shareholders.

Yesterday, Bitcoin spot ETFs saw $25.9M in inflows, all from non-GBTC funds, while GBTC recorded no flow.

" and a points campaign called Drops, where users can earn points—potentially leading to an airdrop—by engaging with Linera content on X. To join, sign up on 

, complete tasks like joining Discord and interacting on X, then enter the campaign. Keep engaging to earn more points, but avoid spamming.

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Hong Kong approves Ethereum ETF with staking rewards, boosting institutional participation

Bybit Learn

web3

Explainers

Altcoins

TARS AI (TAI) bridges AI and web3 with scalable infrastructure, offering AI-powered solutions for web3 startups to streamline operations like smart contract management and token distribution.

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 technology has created enormous opportunities for startups and established businesses to reach new audiences and propose innovative business models. However, despite the great potential offered by the 

 industry, many projects face operational difficulties, both at the pre-launch and post-launch stages. 

These projects may propose incredibly useful product ideas, but they often run into operational issues, such as the complexity of creating and managing smart contracts, difficulties with token distribution mechanisms, lack of credibility in the web3 sphere, and limited access to automation and AI technologies.

TARS AI (TAI), previously TARS Protocol, is a decentralized blockchain-as-a-service (BaaS) platform that aims to solve these issues by offering web3 businesses a comprehensive set of AI-powered operational modules. The platform's suite of products is designed to empower projects to start their web3 journey by leveraging modular AI-based solutions.

 (TAI) is a decentralized, multichain platform that offers AI-powered modular solutions and tools, enabling organizations in the web3 space to quickly and efficiently launch and manage their tokens and projects. 

By offering a unified platform on which common tools and modules required for a modern web3 project are easily available, TARS AI helps new 

 (DApp) projects reduce the significant risks associated with early-stage operations.

In many cases, launching web3 projects requires rich technical skills, operational expertise, knowledge of the intricacies of specific chains and more. Many hopeful startups lack either such depth of expertise, or access to all of the necessary tools. As a result, they may face significant risks at these critical early stages.

At the same time, the rapid development of AI technologies creates unique opportunities to automate many operational processes in order to help streamline the management of a web3 project. TARS AI aims to offer its users AI products specifically tailored for typical early-stage web3 initiatives. Using the platform, blockchain projects can effortlessly transition into the world of web3, even when they don't have a large team of technical and operations experts.

The TARS AI project was launched in 2022 under the brand name of TARS Protocol. In September 2023, it was rebranded to TARS AI to reflect its focus on AI solutions. TARS AI is a multichain platform, operating on eight blockchain and 

 (ARB). The project’s team plans to continue expanding the platform's reach to even more chains in the future.

TARS AI users have access to a diverse range of AI-powered tools, widgets and solutions to add to their DApps at the pre-launch and post-launch stages. In many cases, these modular solutions and products require little-to-no blockchain programming expertise, reducing the costs and barriers to entry for new project operators. For instance, the platform's AI-driven 

 governance module can be used as a plug-in solution that automatically sets the standards and rules for joining the DAO and participating in its governance processes.

 power all of the available TARS AI processes and solutions. Client DApps on TARS AI can also integrate composable, modular AI-powered smart contracts into their projects, quickly automating tasks such as smart contract deployment and management, user authentication, and management of digital assets related to the project's fundraising activities.

TARS AI Hub is the platform's AI models aggregator. It’s designed to provide web3 users access to a variety of pre-trained AI algorithms. The AI models available via the hub are completely free for TARS AI users to integrate into their own DApp projects. These models have been carefully curated by the TARS team to include only quality algorithms relevant to web3 project operators.

AI developers can contribute models to the hub and earn rewards in return for their contributions via the platform's Build2Earn incentive mechanism. Users can also engage with the hub's AI models and earn crypto rewards for using them through yet another incentive system, AI2Earn.

TARS Space empowers web3 startups to create their own personalized branded space on the platform to showcase their business and products, provide verifiable client testimonials and launch other TARS AI tools relevant to their operations. Operators can use TARS Space to build brand awareness and manage AI-powered tools through a unified interface.

Claimer is an AI tool on TARS Space that automates and streamlines token 

 and management operations. Project owners can design highly customized token vesting and release schedules based on smart contracts and AI. The AI component of Claimer lets you dynamically adjust the schedules. Investors also benefit from using Claimer by gaining access to an AI-driven, streamlined token-claim process.

Smart SAFT, another TARS Space tool, automates the processes involved in project fundraising activities. Most web3 projects secure funds at the early stages of their operation using these Simple Agreements for Future Tokens (SAFTs). Smart SAFT automates the drafting and enforcement of such activities.

Using smart contracts, Smart SAFT offers a decentralized solution that enables investors to carefully assess their agreements’ terms and protect themselves from the inherent risks involved in web3 investment decisions. AI-powered algorithms ensure that the process of generating and enforcing SAFTs is safe and beneficial to both sides of the fundraising activity — DApp operators and token investors.

 or unauthorized access to project materials and DApps’ internal areas is a concern for many operators. Web3 initiatives at the early stages of their lifecycles are particularly prone to such violations. The Web3 Staff Authenticator is a decentralized identity verification solution that helps operators manage platform access. It can be used for authenticating staff, DAO members or other authorized parties.

Operators can add their employees' or DAO members' details, such as emails, social media handles and other relevant account details, to the project's branded TARS Space. These are held in a secure, decentralized way on the platform. Other project participants can then easily verify the details of an employee or DAO member via the Space.

TAI, previously referred to as TARS, is the native cryptocurrency of the TARS AI platform. It has a wide range of functions on the platform, including:

 asset with a maximum and total supply of 1 billion tokens, of which 

The TAI token is available through Bybit's Spot market. From May 2–16, 2024, you can also participate in Bybit's dedicated campaigns to grab a share of the 

. Till May 15, a further opportunity to grab TAI tokens is available via an 

, a user-friendly and gas-free aggregator of the most promising airdrops available in the web3 space.

The unrelenting march of AI technologies has opened up unique opportunities across the blockchain industry. Using the remarkable proliferation of quality AI models and solutions, the TARS AI team has delivered a modular product that lets operators start their DApp journeys even when they don't have access to a big team of professional consultants and developers. 

If you have a great web3 project idea, the implementation is now a lot easier and smoother, all thanks to TARS AI and the modules it offers. This is a rare platform that combines cutting-edge AI solutions with scalable web3 modular infrastructure. What TARS AI needs now is more web3 startups appreciating its AI-powered modular services and deciding to join the ranks of its users.

TARS AI (TAI): Bridging AI and Web3 With Scalable Infrastructure

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