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

2.png

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.

how to buy usdc.png

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

21 Apr 2025 weekly newsletter.png

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.

1.png

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

Bybit Learn

Explainers

Investing

Crypto investing involves understanding decentralization, DeFi and market capitalization.

EN_2409-T35020_Learn_Read_to_Earn_728x90.png

Skinny_Banner-1600x400.webp

With the rapid growth and increasing popularity of 

, more and more individuals are considering entering the world of crypto investing. But with so many digital assets and investment strategies to choose from, where should you begin? This comprehensive guide will help you navigate the exciting world of cryptocurrency investing, from understanding the decentralized nature of crypto markets to the impact of 

Decentralization is a key concept when it comes to cryptocurrency markets. Unlike traditional financial markets, which are typically governed by central banks and other financial institutions, cryptocurrency markets operate on a decentralized network of computers. This means that there’s no central authority controlling the supply of cryptocurrencies or their value. The value of these digital currencies is determined by various factors, such as scarcity, perception and market sentiment.

One of the most significant developments in the world of cryptocurrency investing is 

 (DeFi), which has emerged as a powerful force in the crypto space, offering investors new opportunities and challenges. The following part of this guide offers a more detailed explanation of DeFi and its role in crypto investing, along with an introduction to the concept of market capitalization.

The term “DeFi” refers to a wide range of financial services built on blockchain technology. DeFi platforms enable users to:

. As DeFi continues to grow and evolve, it creates new opportunities for investors looking to diversify their portfolios and explore innovative investment strategies.

Market capitalization is a crucial metric for evaluating the size and popularity of a cryptocurrency. It represents the total value of a cryptocurrency, calculated by multiplying its current price by the total number of coins in circulation. 

 can help investors assess the relative values of different cryptocurrencies to make informed decisions about their investments.

Grasping the concept of market capitalization is crucial for trading Bitcoin, Ethereum or other cryptocurrencies, as it offers an overview of the market’s general health and growth potential.

Types of Digital Assets: From Bitcoin to Altcoins

Cryptocurrencies come in many varieties, ranging from well-established digital currencies like Bitcoin and Ethereum to emerging altcoins with varying levels of risk and potential returns. By engaging in the cryptocurrency market, users can also earn crypto yields and rewards, further enhancing their investment experience as they diversify from traditional fiat currency to virtual currency.

The next part of this guide covers the wide spectrum of digital assets, including major cryptocurrencies and the expanding altcoin market.

, the first and most well-known cryptocurrency, was created in 2008 by an anonymous entity called 

. Its main purpose was to offer an alternative to traditional currencies and enable 

 transactions without the need for central control, making it possible to trade Bitcoin with ease. 

, another major cryptocurrency, is not only home to another major digital currency (Ether, or ETH) but also a decentralized platform that allows developers to build 

 (DApps). Both Bitcoin and Ethereum are powered by blockchain technology, which ensures the security and immutability of transactions.

 include newer cryptocurrencies with smaller market capitalizations that offer potentially higher returns, but also carry higher risks. Some popular emerging altcoin projects include the following:

While investing in altcoins can be an exciting opportunity for investors looking for higher returns, it’s important to remember that these investments also come with greater risks. Intensive study and careful risk assessment are key ingredients for successful altcoin investing.

Crypto Investment Strategies: Long-Term vs. Short-Term

When it comes to cryptocurrency investing, there are two main types of investment strategies: long-term and short-term. Long-term strategies involve holding onto digital assets for an extended period, while short-term strategies aim to capitalize on market fluctuations to generate quick profits.

The next part of this guide will address the role of risk management and diversification in both long-term and short-term investment strategies.

 is a critical aspect of cryptocurrency investing. Some risk management techniques include:

By employing these risk management techniques, investors can protect their investments from significant losses.

Grasping and managing risks are crucial for both long-term and short-term crypto investors, due to 

 that can cause abrupt price swings and possible losses.

By diversifying your investments across alternative assets — such as cryptocurrency and traditional instruments like 

 — or by spreading your investments within the crypto space, from 

 like Bitcoin and Ethereum to emerging trends, you can effectively manage risk and reduce the impact of individual asset price fluctuations.When you invest in a diverse range of assets, you minimize potential losses and increase the chances of achieving more stable returns.

Diversification is particularly important in the world of cryptocurrency investing, as the market is known for its volatility and unpredictable price movements. 

By spreading investments across assets and industries, investors can mitigate risks and potentially achieve higher returns.

Successful cryptocurrency investing requires the right trading platforms and tools. From choosing the best cryptocurrency exchange to utilizing 

 tools, having access to the right resources can make all the difference in your cryptocurrency trading journey. One crucial aspect to consider is learning the nuances of trading cryptocurrency effectively.

The next part of this guide addresses the role of trading platforms and tools in successful crypto investing.

Selecting the best cryptocurrency exchange for your needs is an essential step in the crypto investing process. Factors to consider when choosing an exchange include fees, security, available assets and user experience. 

 is among the best crypto exchanges, offering you diverse crypto investment products and top-notch security.

Opting for a reputable and secure exchange can offer investors a seamless trading experience and reduce the risk of 

Technical and fundamental analysis tools can help investors make informed decisions by analyzing market trends, price movements and the underlying value of assets. Some popular technical analysis tools used by cryptocurrency traders include 

Utilizing these tools and conducting intensive studies can give investors valuable insights into the underlying market and provide market exposure, enabling them to make well-informed investment decisions.

As the world of cryptocurrency continues to grow, so does the need for robust security measures and proper storage solutions for digital assets. The next section of this guide addresses the role of security measures and different options for securely storing your crypto investments.

 are digital or physical storage solutions for securely holding and managing your crypto assets. There are several types of wallets available, including software wallets, hardware wallets and 

. Each wallet type offers its own unique advantages and drawbacks, so it’s essential to choose one that best suits your needs and preferences. 

, allowing you to navigate through various DApps with ease.

To ensure the security of your cryptocurrency investments, it’s important to follow best practices — such as using strong passwords, enabling two-factor authentication and keeping your private keys safe. Additionally, it’s crucial to be aware of potential phishing scams and other malicious activities that target cryptocurrency investors. By adhering to these best practices, you minimize the risk of unauthorized access to your crypto assets and protect your investments from theft and loss.

Navigating Regulatory Landscapes and Tax Implications

Compliant and responsible crypto investing requires a thorough understanding of the regulatory landscape and tax implications in your jurisdiction.

The next part of this guide will address the role of navigating regulatory landscapes and understanding the tax implications of crypto investing.

Crypto regulations vary by country, with some jurisdictions having strict rules and others offering more lenient environments for digital asset investing. Countries such as Switzerland, United Arab Emirates and Singapore are known for their favorable cryptocurrency regulations, while others like China and Bangladesh have implemented bans on crypto trading.

It’s crucial to be aware of your country’s regulations, and to ensure that your crypto investing activities comply with local laws.

Tax implications for crypto investors depend upon factors like location, transaction types and holding periods. In the United States, for example, cryptocurrency is subject to capital gains tax and income tax, depending upon the nature of the transaction. It’s important for investors to maintain accurate records of their crypto transactions and report them correctly when filing taxes.

Staying informed about your crypto investments’ tax implications can ensure compliance with tax laws and help you avoid possible penalties.

Blockchain Technology and its Impact on Investing

Blockchain technology has had a significant impact on the world of crypto investing, with innovations like AI adoption and 

 (RWA) tokenization offering new opportunities and challenges for investors.

This guide’s next section examines the impact of blockchain technology on cryptocurrency investing, and its potential to transform traditional investment models.

As evident from recently trending crypto projects, AI has not only taken over the world at large, but has carved out a crucial niche in the blockchain industry as well. With projects like Virtuals Protocol and AI Rig Complex at the forefront, the intersection of AI and blockchain is shaping the next generation of DApps, enabling smarter automation and optimized decision-making processes. This convergence is not only

driving unprecedented innovation, but also creating possibilities for a more personalized, secure and efficient blockchain ecosystem. 

Real-world assets (RWAs) are tangible and exist in the physical world. Examples include gold, real estate or art. The tokenization of RWAs is the representation of such physical assets as on-chain 

 (NFTs). They’ve recently gained popularity due to their ability to divide these assets into smaller, more affordable units through 

, thereby allowing more people to gain access to high-value assets. 

Additionally, RWA tokenization offers new and exciting ways for people to engage with their physical assets. For instance, tokenized RWAs can be used as collateral for loans or 

 on DeFi platforms, or represented and traded within 

Some of the top RWA crypto projects include 

 (ONDO), a DeFi system that offers users tokenized versions of U.S.-based, institutional-grade securities, and 

The world of cryptocurrency investing is dynamic and full of potential. From understanding the decentralized nature of crypto markets to navigating regulatory landscapes and tax implications, being well-informed is key to successful investing. 

By leveraging the most effective trading platforms and tools, implementing risk management strategies and diversifying your portfolio, you can capitalize on the exciting opportunities that cryptocurrency investing has to offer. As the world of digital assets continues to evolve, staying informed and adapting your investment strategies will be crucial for long-term success.

Cryptocurrencies can be a great investment option, particularly for those looking for short-term profits due to the high liquidity associated with cryptos. However, they’re risky assets, and it’s essential to understand the risks involved and learn how to manage them to take advantage of the opportunities presented. Long-term investments may be more suited for those who understand crypto's volatility, such as through self-directed cryptocurrency 

. Cryptocurrencies have proven to be a solid long-term investment in recent years, though there’s still significant volatility.

Yes, $100 is a great starting point for investing in crypto. You can purchase as little as you want, even just a few dollars' worth, and still participate in the crypto market. It’s an excellent way to get involved with digital currencies.

How do I start investing in cryptocurrency?

To start investing in cryptocurrency, select a crypto exchange such as Bybit, establish an account, fund it with fiat money, choose the cryptocurrency you want to buy and place an order. Finally, consider storage and digital wallet options, decide how much to invest, and then proceed to manage your investments.

Cryptocurrency is a high-risk investment that features volatility, an unproven rate of return, potential fraud, and lack of government regulation. However, cryptocurrencies have shown great returns in the past few years, and may be a good long-term investment for those who understand how to manage the risks associated with them.

What’s the difference between a software wallet and a hardware wallet?

, is a digital wallet that can be installed on a computer or mobile device. Some examples of software wallets include 

. Meanwhile, a hardware (or “cold”) wallet is a physical device designed to securely store private keys offline, offering an enhanced layer of security. The top hardware wallets are 

The Ultimate Guide to Crypto Investing: How to Buy, Sell and Trade Digital Assets

Compete for 2,500 USDT Every Week

Earn Points by Completing Tasks

Event Rules

Register now and get 10 points

Write/Reply Comments (0/5)

Publish an Article (0/5)

Share an Article on Social Media (0/5)

Like an Article (0/5)

Read an Article (0/5)

Weekly Leaderboard