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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web3

Explainers

Altcoins

UXLINK is a web3 social platform that prioritizes user-driven interactions. It focuses on fostering two-way social relationships through real-time interactions.

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Blockchain technology has the potential to revolutionize social networks, but many attempts at 

 have struggled to take off. Sites often find it hard to maintain user engagement and keep people invested. UXLINK hopes to tackle this problem with its unique design. Can UXLINK boost community growth and help people build real connections with each other? Explore its features and technology to decide for yourself.

 social platform that prioritizes user-driven interactions. It focuses on fostering two-way social relationships through real-time interactions. UXLINK is incorporated into Telegram and several online platforms, and it also hosts a broad range of engaging DApps.

 that was founded in 2022. Its creators — Abao Wu, Mark Wang and Xiao Zihao — have extensive experience working with Web 2.0 and web3 startups. Before working on UXLINK, they previously worked on mobile apps and engineered software at NVIDIA. This experience inspired the founders to tackle social media within the web3 space. 

The project launched its first feature in late 2023 and has gained over 1 million users since then. After a few years in development, UXLINK was able to attract many promising investors. Thanks to contributions by Sequoia Capital, ZhenFund and others, UXLINK has raised over $14 million in funding.

UXLINK was founded on the principles of simplicity, fairness and effectiveness. These aims guide the development of its entire project.

The UXLINK ecosystem runs as a set of interconnected 

 (DApps) centered around the principle of two-way, trust-based relationships. Essentially, this means that the UXLINK platform provides users with a variety of DApps that they can use to create and run their own social groups. UXLINK's social network thus exists as sets of users who perform human interaction verification, and invite each other to join social groups. Members earn UXUY points by linking with each other or contributing to the community, and can use these reward system points to access further services on the platform.

On the technological side of things, UXLINK runs on Binance Smart Chain (BSC) and Telegram. Telegram's automated bot system is used to send prompts to users and guide them through creating their accounts. Users can access UXLINK through their phone or a web browser, and all the information they send to UXLINK is secured through the Binance blockchain. This helps to significantly enhance development efficiency and handle digital asset management.

UXLINK's registration process requires users to obtain private wallets that function like social media accounts. Wallet addresses hold users' data, keep track of connections and store all of their rewards and assets.

UXLINK has a fairly high registered user count, due to its ability to create a genuinely engaging platform. In addition to interacting with their friends, people can also use the service for the following features.

UX Invite is a Telegram DApp that allows people to+ build groups of people they know. This initiative underscores UXLINK's commitment to person-to-person interactions. The link-to-earn system provides reward points for users who add each other to their groups and communicate with each other.

The UX Wallet is a secure way of dealing with digital asset management. It offers private key social recovery and automatic executions, so it's not too complicated for Web 2.0 users. At the same time, account abstraction technology helps to improve security and reliability.

Web3 decentralized identifiers (DID) support the use of a confirmed identity without users having to share private details or rely on government IDs. The other benefit of this type of user profile is that it provides a self-sovereign identity, as users remain entirely in charge of their own data and online activity.

The UX Social DEX is an easy way for people to trade with others in their group. They can swap cryptos and will eventually be able to lend them as well. The DEX also functions as a DeFi aggregator that lets users access other helpful services. 

UXLINK's white paper includes a four-year road map. The project has already completed its first milestone by creating the product and releasing it to over 1 million users. It’s currently in Year Two of its road map, which prioritizes launching its token on exchanges and creating complex cross-chain interactions within the system. 

Next year, UXLINK hopes to expand its channel and deploy on WhatsApp. By Year Four, UXLINK hopes to be the largest web3 social system in existence and to onboard ecosystem partners, work with more developers and even launch some Web 2.0 features.

 token that functions as UXLINK's governance token. People can use these tokens to vote on UXLINK's direction and pay for a variety of protocols and data needed to run UXLINK DApps. The total supply of

 will gradually be released on a four-year token vesting schedule, and allocated as follows:

The UXLINK token launched in mid July 2024 at a price of around $0.33. Since its days of premarket buildup, prices have dropped a little. Throughout late July, UXLINK’s price has wavered between $0.16 and $0.20. Many crypto enthusiasts view this as the price simply adjusting to market conditions, and they 

. Some even suggest that UXLINK is currently undervalued, and will increase in price soon. 

Most pricing analysts agree that the token is unlikely to decrease in value anytime soon. CoinCodex predicts UXLINK’s price will reach 

, while BeInCrypto, though more cautious, still predicts a 

Looking to trade UXLINK tokens? Bybit now offers the UXLINK/USDT Spot trading pair. To get started, you’ll first need to 

, then fund it with cryptocurrency and navigate to the 

UXLINK has put a lot of work into emphasizing genuine user engagement and thoughtful interactions on its network. By prioritizing real-world social connections, UXLINK ensures that the platform's user metrics are as accurate as possible. Excluding false 

. The platform's high number of monthly active users could be good for its token holders, as long-lasting users lead to higher trading volume and more demand for tokens.

However, potential governance token holders still need to exercise some caution when investing in this coin. Like any other web3 startup, there's still some potential for the project to have problems, and market volatility could also lead to issues. Make sure to keep your portfolio diverse and 

The high-quality community UXLINK is creating has the potential to flourish long after influencer-based media is gone. Its transparent and robust system does a great job of prioritizing genuine user engagement and high user-to-holder ratios. Furthermore, its developer support measures underscore UXLINK's commitment to ongoing growth and progress. All of these features combine to make UXLINK a web3 social platform worth watching.

UXLINK (UXLINK): Powering Web3 Social Networks & Rewards

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