Crypto Daily Roundup: YUSE Wallet Enables UPI for Crypto

Crypto Daily Roundup: YUSE Wallet Enables UPI for Crypto

The Latest News and Analysis from the World of Cryptocurrency

Barca Vision, FC Barcelona's Web3 initiative, will be developed with the help of the club's investment, which was spearheaded by Libero Football Finance AG and Nipa Capital B.V. The goal of Barca Vision is to combine all of the club's digital assets around Web3, blockchain, NFTs, and the metaverse. This article is a daily roundup of cryptocurrencies that includes the most recent information on market trends and changes in the value of different cryptocurrencies like Bitcoin, Ethereum, HBAR, and more.

HBAR Surges and Bitcoin Stays Under US$30

On August 14, the cryptocurrency market had a mixed moment, with Bitcoin failing to surpass US$30,000 and the majority of altcoins only seeing slight changes. To US$1.17 trillion, the market cap worldwide decreased slightly. THORChain (RUNE), ApeCoin (APE), and Hedera (HBAR) were the only exceptions, each of which saw a 24-hour increase of over 15%. Shiba Inu (SHIB) and Bone ShibaSwap (BONE) were among the biggest losers, falling by more than 10% each.

BlackHat (BLKC) Soars 20% on Sunday, Outperforming the Crypto Market

BlackHat (BLKC) had a strong performance on Sunday, rising 20.45% to US$0.0544058919. This outpaced the overall crypto market, which was up 1.5% on the day. The rally in BLKC was likely driven by news that the cryptocurrency is being adopted by a number of new projects.

Novogratz and Wood Bullish on Bitcoin ETF

Mike Novogratz, CEO of Galaxy Digital, and Cathie Wood, CEO of ARK Invest, are both bullish on the chances of a Bitcoin ETF being approved in the near future. Novogratz said that he believes the SEC is "more likely than not" to approve a Bitcoin ETF in the next six months, while Wood said that she believes it is "only a matter of time" before a Bitcoin ETF is approved.

Bitcoin ETFs Face More Uncertainty as SEC Delays Its Verdict

The US Securities and Exchange Commission (SEC) has declined to rule on a number of Bitcoin ETF applications, but more decisions are already looming. The SEC has 45 days to make a decision on each application, and the next deadline is September 1st. If the SEC does not rule on the applications by then, it will be considered a denial. The SEC's decision to delay ruling on the Bitcoin ETF applications has been met with disappointment by many in the crypto community.

YUSE Wallet Enables UPI for Crypto in India

YUSE Wallet, a crypto exchange platform in India, has announced that it has enabled Unified Payments Interface (UPI) for crypto trading in the country. This means that Indian users can now buy and sell cryptocurrencies using their UPI ID, which is a quick and easy way to make crypto transactions.

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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