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

Altcoins

Crypto

Scaleable, reliable... and a potential contender to Ethereum? Find out how Harmony crypto (ONE) distinguishes itself from the rest.

 (DeFI) space is unprecedented, and poised to continue indefinitely. There is, however, one salient issue: despite being in its early stages, it’s becoming increasingly clear that the distance between the 

 space and the moon (a reference to the popular 

) depends on how fast interchain transfers can be carried out.

There are many constraints when it comes to using a single-chain platform for transactions. With more scalable cross-chain solutions being birthed, single-chain platforms have become a thing of the past. One cross-chain project that’s been gaining a lot of hype recently is Harmony (native token: ONE). In this article, we’ll be looking at how Harmony solves scalability issues in the DeFi space. 

, Harmony makes it easier for developers to design decentralized applications (DApps) on the network. 

Due to Ethereum’s expensive gas fees, more 

 are coming up with scalability solutions and vying to dethrone Ethereum as the most popular network for creating DApps. Unlike many other platforms in this category, however, Harmony collaborates with Ethereum instead of competing against it. 

 to split the blockchain’s network into parallel chains, called shards, to improve the speed and efficiency of the network — at a lower cost. Thanks to this strategy, transactions are sorted out in less than three seconds on the platform, while costing up to 100 times less than other blockchain transactions. 

Like many new tokens, Harmony operates a 

 for its governance token, called ONE. PoS is less expensive, consumes less energy and enables greater decentralization than proof of work (PoW). With the ONE token, owners have a say in the decision-making of the Harmony platform via votes, and can earn passive income via staking. 

One major reason why the ONE token has gained widespread acceptance is its unique validation techniques. The number of tokens you stake determines the number of nodes which are validated. Therefore, higher-staking validators run more nodes than lower-staking ones. Currently, there are 1,000 active nodes on the Harmony platform

Like many other Layer 2 platforms, Harmony has its own community token, called Harmony ONE. Its name emphasizes Harmony’s vision of aiding open consensus mechanisms for billions of people worldwide. 

All activities and amenities in the platform are paid for by the Harmony One token: voting, transaction fees, gas fees, staking, and receiving ewards. 

Up until March 2020, the Harmony One token operated on a dynamic inflation schedule. This was later changed to a fixed annual inflation rate. 

 (EPoS), which allows many nodes to be involved in network operations, including the improvement of sharding. The purpose of EPoS is to improve network delegation and ensure correct reward compounding, without compromising the decentralization of the network. It allows validators to effectively stake tokens and secure nodes according to the value of those tokens. 

To build consensus, nodes on Harmony identify similar nodes that might be important to its consensus development so that they can involve them in the building process. This improves processing and cost-effectiveness. 

Harmony developers’ use of sharding closely mirrors the technique used by 

, whereby each shard is allowed to process a fraction of the total network. The more transactions made on the network, the more nodes become available to process it. 

Seeing that the Zilliqa sharding technique doesn’t account for the division of blockchain data storage, the developers at Harmony decided to add a deep sharding mechanism by which both transaction and consensus layers undergo sharding. This added feature allows nodes to involve other similar nodes in consensus building. 

In the crypto world, every new entry is sooner or later subject to hacking. Knowing this, Harmony protects itself and its sharding network against malicious actors by randomly assigning nodes to each shard. Since it’s almost impossible for the code to guess the shard it will be attributed to, the probability of a successful attack is significantly diminished. Several crypto platforms have implemented this strategy, known as 

After reviewing the solutions proposed by 

, Harmony detected a key flaw. There was one thing lacking in both of these systems: either speed or security was compromised.

Harmony’s system is better, faster and more transparent than most other systems for verifying transactions, because it combines the strength of multiple systems while using them to mitigate the weaknesses of others.

Harmony’s developers are working on three other key features that could creatively disrupt the general DeFi space. 

Typically, to keep your crypto secure, you need a very strong password, and/or have to keep your 

 in a secure space to keep your crypto safe. Well, if Harmony gets it right, that’s about to change. The Harmony team is working on a 

 (e.g., your email account and the Google Authenticator app). It remains to be seen how this would work on a security level, but we’re keeping our fingers crossed.

Harmony is also looking to produce a DeFi token which provides an interest rate of 20% on 

 every year. We’ve seen it done before with Terra’s 

 protocol, and we’re excited to see how Harmony’s native protocol works out. 

The final plan in Harmony’s playbook is a bridge-like platform which allows transfers to be made between two different protocols — within three minutes. This is a huge task in the DeFi space, and so far, the only known protocol that has done it is 

ONE can be bought on various cryptocurrency exchanges, most notably on Bybit. 

To buy ONE on Bybit, follow these simple steps:

 an account (or log in) with the Bybit exchange.

: Make sure you have USDT in your Bybit wallet. You can acquire USDT by exchanging fiat money for it using methods such as credit card and debit card.

 and then place your transaction at a limit order and price of your choice.

Unlike some Layer 2 tokens, Harmony doesn’t have a maximum supply. In addition, every year 441 million ONE tokens are released and added to the existing supply.

 of ten billion. Although there is no maximum supply, it uses inflation to reward stakers. At first glance, you could call ONE a deflationary token, but that’s actually incorrect. There’s a fixed supply of 441 million ONE every year, and half of every staked token seized from malicious actors is burned. This helps offset the issuance of new tokens and direct the inflation rate toward zero as more people join the network. 

Is Harmony Crypto (ONE) a Good Investment? 

Yes. Although a lot still needs work, the Harmony project has been seen to solve the dilemma of poor scaling and interoperability, and offers DApp developers a good platform to scale their applications and transactions. Harmony aims to become a top crypto network known for its speed and effectiveness, and it’s currently on track to achieve that. The platform stays true to its promise of inexpensive gas and transaction fees. 

As with every other token and platform, ONE will become more valuable as Harmony gains more mainstream acceptance. Perhaps then we’ll see more use cases in addition to buying, selling and staking. (Note: Please do your own due diligence/own research before investing.)

Although it’s in a crowded space, the Harmony network has done the smart thing by opting to leverage Ethereum’s huge user base, instead of competing with it. The space is still new, and there’s no clear-cut winner yet. Harmony’s decision to solve the fourth trilemma of the blockchain — privacy — might turn out to be its comparative advantage. That being said, it’s clear that Harmony is moving from a cross-chain solution to a fully decentralized platform. We’re interested to see if the Harmony token will still be in vogue when 

What Harmony Crypto (ONE) Is & Why You Should Care

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