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

Explainers

Blockchain

Altcoins

Aergo (AERGO) is an open-source blockchain platform designed to provide a hybrid solution for enterprises, combining both public and private access features.

As a business owner or manager, have you ever wanted to streamline your data exchange with a partner or supplier but were held back by security concerns? This is far more common than many in the business world might think. Many modern businesses of all sizes — from one-person consultancies and startups to large corporations — would love more efficient data and transaction exchanges with other parties without revealing too much in the process. However, combining the desired efficiency with sufficient protection for existing systems is often tricky. As a result, companies maintain gated IT systems, which forces them to go through inefficient and costly data exchange setups with external partners.

Aergo (AERGO) is a project that aims to solve this problem using a hybrid blockchain approach. Using Aergo, businesses can share the same public network, making transactions fast, cost-efficient and aligned in format, while maintaining their private “sub-networks” that provide solid protection to internal data and resources.

 (AERGO) is an open-source blockchain platform designed to provide a hybrid solution for enterprises, combining both public and private access features.

 It aims to offer scalability, flexibility and ease of use for enterprises looking to adopt blockchain technology. Aergo’s main chain is a public network capable of 

Aergo also supports private blockchains, networks with permissioned access that operate as subnetworks of a wider public chain. Guarding their network via private access allows businesses to reveal as much or as little as required when communicating with other entities on the public blockchain. The hybrid public-private model gives companies streamlined exchanges with other on-platform parties while ensuring the required security and internal privacy.

Aergo’s transaction fees are typically fractions of a cent, and the platform claims that their fees are even significantly lower than those on 

 (SOL), a blockchain known for its low-cost environment. Aergo transaction blocks are also processed extremely fast in just one second.

Aergo was originally developed as a decentralized blockchain tool kit for enterprises, consisting of the AERGO Chain, AERGO Hub (framework for 

 on the blockchain) and AERGO Marketplace (a 

 platform that provides access to partner services with the Aergo Chain).

With the rising demand for enterprise services, Aergo is working on a major upgrade — Aergo 2.0 — set to be completed by 2024. Aergo 2.0 will evolve to become a full enterprise blockchain with enhancements like 

 (EVM) support, a computing service hub, DeFi services and support for machine learning. Users can interact with the Aergo platform directly via the AERGO Portal DApp and AERGO Connect 3.0, Aergo's wallet, which grants access to all Aergo DApps.

Aergo 2.0 includes products like a SocialFi DApp (BOOOST) and a token management platform (SilverMine), complete with a security token offering. The platform aspires to join the 

 game as well, having minted over 700,000 NFTs with its NFT-as-a-service feature. In 2023, Aergo also collaborated with Samsung to launch Samsung Members NFT. Following that, Aergo intends to develop its own NFT marketplace with exclusive NFTs. Other ongoing Aergo NFT projects include an NFT-based 

 and an NFTFi and liquid staking feature.

The AERGO Chain uses a Byzantine fault tolerant (

) block validation model to secure the network and achieve consensus. BFT decentralized networks can process transaction blocks even if some validators behave fraudulently, or don’t relay correct information for other reasons (e.g., due to malfunctioning). When a certain proportion of validators, called the supermajority in BFT terminology, agree on a transaction block’s validity, the block can be approved even if the other validators fail to join the consensus. As such, the BFT design provides a higher degree of security in the presence of malicious actors, which is critical for enterprise-grade blockchains.

The DPoS validation method allows users on the network to delegate their crypto funds to a block producer and earn a share of staking rewards. All block producers on the Aergo main chain are trusted, enterprise-level entities. Currently, the blockchain’s 

Interoperability between Aergo-based chains is enabled via Merkle Bridge technology, which allows two networks to communicate efficiently and securely. In Aergo’s Merkle Bridge design, one chain may regularly send cryptographic pieces of data — Merkle proofs — to another chain as evidence of the sender network’s true state. For example, if chains A and B communicate, a Merkle proof of chain A sent to B lets the latter confirm that certain tokens in the requisite amounts are indeed held on the former.

Merkle Bridge technology is also used by the Aergo blockchain to communicate with the world’s largest smart contract platform, 

 AERGO transfers between Ethereum and Aergo.

Hybrid architecture is at the heart of the Aergo ecosystem. It allows Aergo-based networks and DApps to establish secure and efficient external communications, thus leveraging the platform's unique architecture.

Aergo’s network features high levels of scalability, a property that’s imperative for business users. It allows enterprises of all sizes to confidently scale their networks and apps in line with their business activity levels. Aergo users can enjoy nearly instant transaction processing, with a new block added to the chain every second.

The Aergo mainnet also boasts a high processing capacity at the overall network level of over 10,000 

, significantly greater than that of most other PoS platforms.

Aergo’s platform is developer-friendly. It allows blockchain programmers to create smart contracts using the hugely popular SQL query language, and Lua, a popular lightweight scripting language based on SQL and widely used for video games like 

The platform’s support for developers doesn’t stop there. Aergo 2.0, which has yet to implement all of its planned functionality, will feature EVM compatibility. The Ethereum-compatible smart contract engine will allow Aergo developers to use Solidity, the blockchain world’s most popular smart contract language.

Aergo 2.0 will also feature several other new core elements, including support for machine learning and AI application development, areas that are currently experiencing explosive growth.

Aergo’s native token, AERGO, is used for transaction fee payments, 

. The staking functionality, called system voting, allows users to back their preferred validator with AERGO tokens and receive a portion of the block rewards generated by that validator.

The on-platform governance is carried out via 

, a decentralized autonomous organization (DAO) in which token holders can vote on various network improvement and modification proposals.

The AERGO token has a total and maximum supply of 500 million. Its current circulating supply stands at around 445 million. AERGO’s supply distribution is shown in the graph below.

As of Nov 28, 2023, the AERGO token is trading at $0.164, which is 70.08% lower than its all-time high of $0.57248 on Apr 10, 2021, and over 1,000% higher than its all-time low of $0.013547, registered on Mar 13, 2020.

AERGO’s long-term outlook is quite bullish, withPricePrediction 

 to trade at around $0.46 in 2025 and $2.70 in 2030, andDigitalCoinPrice 

AERGO is a cryptocurrency with solid long-term prospects. A couple of notable factors indicate its positive investment potential:

 contract. A USDT Perpetual contract allows traders to open long and short positions using USDT as the margin with no expiration dates. If you don’t have an account on Bybit, you can quickly 

 and access hundreds of cryptocurrencies both on the Spot and Derivatives markets.

Combining security and privacy with streamlined, cost-effective data sharing is a dream of many enterprises. Attempts to achieve such a combination outside of the blockchain environment (e.g., via cloud solutions) often fall short of expectations. At the same time, standard public blockchains are also poorly fit for this purpose. Aergo, with its hybrid model, is in a unique position to tackle the job — and it does so very cost-effectively.

The business world already appreciates Aergo’s unique advantages, with more than 50 enterprise clients utilizing the platform. As more companies realize its benefits, this already commendable client base figure will keep increasing. With Aergo 2.0 becoming fully functional in 2024, expect this innovative project to join the league of top enterprise-oriented blockchains.

Aergo (AERGO): Empowering New Businesses With Blockchain

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