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

Professional or novice, anyone can create music — for proof of this, look no further than Melos Studio, a music blockchain worth watching in 2022.

Music is the universal language that connects us all. In recent times, however, piracy issues are running rife, with lawsuits in the music industry becoming more commonplace (for example, refer to the case of 

). Thankfully, all is not lost. This problem could well be solved with the appearance of music blockchain platform 

 technology to capture moments of musical inspiration. It functions using a combined decentralized meta and music 

 that creates an avenue for partnership and enables interaction between musicians and other music creators. Its user-friendly interface allows virtually anyone to create their own music with a set of free and easy-to-use tools. The resulting content is then minted as NFTs and uploaded for sale on the 

Apart from enabling the sale of music NFTs, Melos also embraces additional features like 

 and NFT transaction mining. A unique feature about this platform is that 

 are permanently stored on the blockchain and can be accessed at any time. The goal of Melos Studio is to ensure that no music is lost; that the originality of pieces is preserved, for both current and future generations to enjoy.

Melos Studio, an innovative, decentralized music NFT marketplace, was set up in Taiwan in 2020. It’s a unique platform that enables artists, musicians and even content creators to showcase their talent to a community of fans and users. 

The Melos platform serves as a point of convergence for creators, artists, and musicians (and their fans/supporters). Melos Studio’s ecosystem allows creators to earn money on their creations after they’re sold. Its ecosystem runs on the 

Melos Studio is dedicated to providing quality services to the music industry, and to taking the use and value of music NFTs to greater heights.

As of this writing, there are over 800,000 registered users on the Melos platform. In March of this year, the studio announced plans to 

 is the official (or native) token of the Melos Studio platform. Both a 

, this token has several use cases. For example, fans can use the MELOS token to tip their favorite artists, and to gain access to special privileges on the platform (e.g., 

.) The token can also be used to generate funds required for opening a new studio. Revenue amassed from the release of NFTs is shared in the form of MELOS, and distributed to each collaborator.

The ongoing Web 3.0 content creation marketplaceeconomy will be powered by MELOS tokens in the near future.

The NFT creation process works systematically through a series of steps that ensure all creators earn rewards from the sale of NFTs. Here's an example:

With this method, all co-creators of the NFT are entitled to a share of the profit. It also fosters greater interaction between fans and creators. 

This refers to a particular musical work that has been uploaded on the 

This unique feature allows fans to co-create music and rhythm with their favorite musicians on the Melos Studio platform. For example, a virtual band can be created by inviting another creator to forge their individual Musicblocks, resulting in a brand-new Musicblock.

The creators can then decide in partnership to sell their newly created Musicblock NFT, with revenue generated from its sale shared by all parties involved.

 term refers to the mixing of two or more pieces of music on the Melos platform.

 means that a solo Musicblock forms a different tune, for example a new Musicblock.

This term refers to the combination of two different Musicblocks to form a new Musicblock.

Online tools and features are provided on the Melos Studio platform that give users the opportunity to easily create their own music and build it as NFTs on the blockchain.

This feature is particularly useful for newbies, as it helps users complete songs with just a few notes of music.

This is a platform that allows users to drop their music to Melos Studio, and artists to connect with their fans on Web 3.0.

On Melos Studio, “DNA” stores all the information about the creators of each Musicblock NFT. A Musicblock NFT is formed when a piece of music has undergone forging through 

As the forging process is carried out from one generation to another, the DNA information from each set of creators is constantly being uploaded to the Musicblock. This collection of information results in what is known as the “DNA tree.” To receive revenue for their work, all contributors to a Musicblock are traced and rewarded accordingly with the profit generated from their creation.

 Figures below are accurate at the time of writing, and approximated up to two decimal places.

Melos Studio has an interface that’s easy to operate. Music NFTs can be easily minted and sold on the Melos marketplace.

On Melos Studio, all the contributors to a particular piece of art receive rewards from the revenue generated by the work.

Melos Studio fosters community interaction between musicians and music lovers. It also enables fans to creatively contribute to their favorite songs and mint them as NFTs.

As Melos Studio employs relatively new technology that hasn’t been extensively tested, it may have some major flaws/areas for concern that have yet to come to light. Only time will tell if it lives up to its promises.

Is Melos Studio (MELOS) a Good Investment?

Thanks to its unique use cases, MELOS has attracted a steady stream of high-profile investors (e.g., 

) and partnerships since its inception. Its most recent collaboration is with 

, a leading cryptocurrency trading platform — an exciting partnership bound to increase the adoption of music NFTs, and to enhance the musical experience for creators and fans alike. 

With its exceptional create-to-earn feature, it’s just a matter of time before we see a significant increase in MELOS’ value. The features we discussed earlier — Melos Musicblock, virtual bands, the DNA tree, and more — will without a doubt increase the use of music NFTs in the crypto world.

As mentioned earlier, perhaps the most interesting feature of Melos Studio is the recently announced launch of the algorithmically-based content recommendation model on Web 3.0. This serves as a good platform to enable fans access to musical content of high quality. An increase in the usability of MELOS will certainly lead to a corresponding increase in its price.

Create a verified Bybit trading account (for new users).

 Input the amount of MELOS tokens you wish to buy.

 Confirm the transaction and wait for the MELOS tokens to be credited to your account.

Since its inception, Melos Studio has encountered its fair share of challenges. Despite facing multiple difficulties, however, it has been able to persist, and shows great potential in spearheading the next era of music streaming.

Melos Studio developers have mapped out a solid action plan based on the platform’s ultimate goal of having music that can be heard anywhere at any time. If Melos Studio is able to successfully implement the goals, services and objectives it’s listed in its road map, its market value is sure to see a steep increase. Subsequently, this will attract more investors and users.

 such as Melos Studio are making a splash in the crypto scene. So far, things are looking good for Melos Studio, though we’ll have to observe more to make sure.

Melos Studio (MELOS): A Music Haven for All

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