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

Blockchain

Explainers

Altcoins

Ancient8 is a gaming-focused Ethereum L2 network. It uses Optimism and Celestia technology to create an affordable and fast way of developing games on the EVM.

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 are struggling to keep up. Systems like 

 are realizing they can't quite handle the volume of transactions that a game requires. Ancient8 hopes to step in and help make blockchain technology more suitable for the modern gaming era. Explore this guide to learn how Ancient8 provides the fast transactions and network security that web3 game developers need.

Ancient8 is a gaming-focused Ethereum Layer 2 network. It uses 

 (TIA) technology to create an affordable and fast way of developing games on the Ethereum virtual machine (

). Ancient8 has a community-driven approach that provides support and assistance for developers.

The Ancient8 ecosystem was founded in 2021 and is located in Vietnam. Its creators — Howard Xu, Nathan L, Thuat Nguyen, Jenny Nguyen and William Phan — are all web3 enthusiasts with a focus on gaming and investing. Their work to create a new system for gaming on Ethereum has attracted quite a bit of positive attention, and the project currently has over $10 million worth of funding from Makers Fund, Pantera Capital and other investors.

The overall purpose of Ancient8 is to help 

. The company hopes that the future will include vibrant metaverses where creativity and innovation are rewarded. In order to achieve this goal, Ancient8 aims to tackle many individual objectives:

Ancient8 functions as a Layer 2 network that runs on top of the main Ethereum blockchain. Its system functions as an independent chain, but syncs with the Ethereum blockchain to store its underlying data. This design lets Ancient8 enjoy the network security of Ethereum while also offering faster transactions and more complex features than one can find on Ethereum alone.

To further refine their blockchain, Ancient8 uses technology from Celestia and 

. These systems help to manage a modular design that splits Ancient8 into five separate portions. The five layers manage data availability, sequencing, derivation, execution and governance separately. This way, people only need to access the specific portions of the blockchain they're actually using.

Developers in the Ancient8 ecosystem can then design programs that run on the Ancient8 network. These 

 and software. The people who play games on Ancient8 will interact with the helpful interface, while the digital assets and data for the game will be stored on the Ancient8 blockchain.

Ancient8 is much more than just a Layer 2 system. As part of its mission to create accessible web3 gaming for anyone, Ancient8 strives to ensure that its users have a variety of other helpful features as well.

Acceler8 is an incubation grant program for game developers. To help build a comprehensive ecosystem of games on Ancient8, the blockchain distributes funds to promising new projects. People who choose to build on Ancient8 can get all sorts of helpful grants to pay for development costs.

The Ancient8 Airdrop distributes tokens to community members within the ecosystem. You can gain eligibility for the airdrop by actively participating in forums and signing up for an account. Once you're a community member, check 

 to see how many tokens you can get. The current round of airdrops will be live until Aug 17, 2024.

A8 token holders also have the option of 

 their tokens. By temporarily locking your tokens, you help to stabilize the network, and you also get to earn rewards. A8 stakers are able to receive 

 from tokens while still being able to eventually sell their tokens.

Ancient8's global game distribution platform already includes a variety of exciting games. Users can play SocialFi games, roguelike games and more. There's a marketplace where people can buy and sell digital assets as well. The ecosystem also includes blockchain bridges, crypto wallets and other helpful services for gamers. For developers working on Ancient8, the ecosystem offers premium security measures, 

The Ancient8 Foundation is a set of core partners who help to shape the direction of the Ancient8 ecosystem. It’s headed by web3 gaming thought leaders, but anyone with enough A8 tokens is able to join and make suggestions.

 (DAO). This management system allows users to submit and vote on proposals. Not only does this make Ancient8 more democratic, but it also allows for more potential creativity within the system. To obtain voting power in the DAO, users simply need to hold or stake A8 tokens.

In the years since its founding, Ancient8 has successfully built and released a blockchain for developers to run games on. Its plans for the future are now pivoting to focus on 

First, Ancient8 hopes to secure additional funding and release scholarships for more game studios to build on its chain. Once this is complete, the network will then begin prioritizing its DAO. Finally, Ancient8 hopes to create a system that will be the largest blockchain gaming guild and metaverse community in Southeast Asia. It hopes to be able to provide scholarships to tens of thousands of developers, and to host a variety of esports games and tournaments. 

A8 is the governance and utility token of the Ancient8 community. It's an 

Ancient8 just released its token in late July 2024, and yet it's already been through a lot of changes. The coin spiked to an all-time high of $0.32 within two days of release before undergoing a slow yet steady decline in price. The coin’s price is currently fluctuating between about $0.10 and $0.15, which has led to some users claiming A8 might be a 

However, despite some rumors about the token being a scam, other crypto investors remain positive. Some believe the token is simply correcting its price and 

. This view is backed by CoinCodex data, which suggests the token's price is likely to start recovering in late August 2024 and potentially 

Looking to trade Ancient8 tokens? Bybit now offers the A8/USDT Spot trading pair. To get started, you’ll first need to 

, then fund it with cryptocurrency and navigate to the 

A8 certainly has some promise as an investment option. The digital asset is being discussed a lot on social media at the moment, and this sort of hype often leads to increased prices for cryptos. Due to the token's price history, it's an especially good option for investors who like taking the risk of buying low-priced crypto and seeing if it can recover. 

However, keep in mind that not all of the community engagement for A8 is positive. Some investors are concerned about the project's future, so it's wise to exercise caution. 

 before you make your own decision, and consider using 

 prior to purchasing A8 or any other token.

Ancient8 hopes to revolutionize the web3 gaming system by enhancing game development and operation. The Layer 2 network's ability to streamline development and speed up gaming transactions is certainly useful. However, the project is still fairly new, and hasn't yet proven it can attract a lot of users. If you're considering using or investing in Ancient8, follow the project to see how it evolves over time. 

Ancient8 (A8): The Key to Making Gaming Possible on Ethereum

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