According to Odaily, a cryptocurrency bill in Kentucky has completed its third reading, moving it closer to being signed by the governor. The legislative process known as the third reading involves the title of the bill being read three times. Previously, Kentucky State Representative TJ Roberts introduced Bill HB376, which proposes investing 10% of the state's funds in digital assets with a market capitalization exceeding $750 billion, such as Bitcoin. Kentucky is the 16th state to propose a Bitcoin reserve bill.

Odaily Planet Daily News Kentucky's crypto bill has completed the third reading, and is one step closer to the governor's signature. Earlier news, Kentucky Congressman TJ Roberts initiated the HB376 bill, proposing to invest 10% of state funds in digital assets (Bitcoin) with a market value of more than $750 billion. Kentucky is also the 16th state to propose a Bitcoin reserve bill. (Cointelegraph) Note: The third reading is a legislative procedure of the legislature. Because the title of the draft bill or motion will be read three times during this procedure, the procedure is called the third reading.

According to Cointelegraph, Bolivia's state-owned energy company, YPFB, is preparing to utilize cryptocurrency for energy import payments. This strategic move comes as Bolivia grapples with a significant shortage of foreign currency reserves and a decline in domestic gas production. A YPFB spokesperson confirmed that a system has been established to facilitate cryptocurrency transactions for energy imports, following government approval for the use of digital assets to address the country's energy demands. Although the system has not yet been implemented, YPFB intends to proceed with its use. The specific cryptocurrency to be used for these transactions has not been disclosed. While stablecoins, which are digital assets tied to fiat currencies, are commonly employed for cross-border transactions, it remains uncertain if Bolivia will adopt this approach. The fuel shortage in Bolivia has sparked protests and potential strikes among workers, including farmers, who express concerns that the lack of fuel could jeopardize their summer harvest. Currently, only 35% to 50% of the nation's public transport system is operational. Alejandro Gallardo, the energy and hydrocarbons minister, highlighted the challenges posed by the foreign currency shortage. The YPFB spokesperson emphasized that the new purchasing system is designed to support national fuel subsidies amid the foreign currency shortage. "From now on, these cryptocurrency transactions will be carried out," they stated. In June 2024, Bolivia's central bank, Banco Central de Bolivia, lifted its longstanding ban on Bitcoin and cryptocurrency payments, allowing financial institutions to engage in digital asset transactions. This ban had been in effect since 2014. By September 2024, Bolivia reported a 100% increase in virtual asset trading, with approximately $15.6 million worth of assets traded monthly between July and September. The $48.6 million traded during this period primarily consisted of stablecoins. Stablecoins are frequently used in developing countries experiencing significant currency devaluation or foreign currency shortages. Stablecoin adoption gained further traction in Bolivia in October 2024 when Banco Bisa, a local bank, introduced a stablecoin custody service. Supported by the country's financial regulator, this service enables residents to buy, sell, and trade Tether's USDt (USDT), a stablecoin pegged to the US dollar. Cointelegraph previously reported in September 2016 that Bolivia stood to benefit significantly from cryptocurrency adoption, as a large portion of the population was unbanked, with only 11% using debit cards and 5% using credit cards. Despite these potential benefits, Bolivia maintained its ban on cryptocurrencies until 2024, labeling them as pyramid schemes in May 2017 and arresting crypto advocates.

U.S. House plans to secure strategic Bitcoin reserve policy, impacting future regulations. source: https://coincu.com/326528-us-house-secures-bitcoin-reserve-policy

Bolivia’s state-owned energy firm YPFB is planning to use cryptocurrency to pay for energy imports, according to a March 13 report from Reuters. The move comes as the South American nation faces a shortage of foreign currency reserves and a dwindling supply of domestic gas production.A spokesperson for YPFB said that a system had been put in place to use cryptocurrency to purchase energy... source: https://cointelegraph.com/news/bolivia-to-use-crypto-to-pay-for-energy-imports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Odaily Planet Daily News: According to CompaniesMarketcap data, as the price of Bitcoin rebounded to the $85,000 range, its market value has now risen to $1.677 trillion, with a daily increase of 4.51%, surpassing Saudi Aramco (US$1.675 trillion) to rank eighth in the global asset market value.

Billionaire Elon Musk has long been associated with the meme coin Dogecoin (DOGE), having revealed in 2019 that it was … Continue reading The post Is Elon Musk now killing Dogecoin (DOGE)? appeared first on Finbold. source: https://finbold.com/is-elon-musk-now-killing-dogecoin-doge/

The Middle East is caught in the middle of a global trade war that is showing no signs of slowing down. The battle between the United States, China, and the European Union is throwing economies into uncertainty, hitting stock markets, and shaking up trade policies. Donald Trump is back in office, and his aggressive stance […] source: https://www.cryptopolitan.com/how-exposed-is-middle-east-to-trade-tensions/

Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet. Crypto analyst Matthew Hyland said in a video posted to X that Bitcoin needs a weekly close... source: https://cointelegraph.com/news/price-analysis-3-14-btc-eth-xrp-bnb-sol-ada-doge-pi-leo-link?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto.com has secured a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives trading in the UAE. <p>The post Crypto.com Enters UAE Derivatives Market After Securing VARA Approval first appeared on Ecoinimist.</p> source: https://ecoinimist.com/2025/03/14/crypto-com-gains-uae-license/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-com-gains-uae-license

Hyperliquid's response reflects its adherence to the principle of decentralization.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

Is the wealth-creating effect of Meme coin real and how strong is it?

At a closed-door roundtable hosted by the Bitcoin Policy Institute on Tuesday, Bo Hines, executive director of the Presidential Digital Asset Task Force, told attendees that the White House is interested in acquiring as much Bitcoin as possible.

Taking $SHELL as an example, the Beosin Trace tool is used to analyze on-chain information to reveal suspicious token price manipulation behavior, providing users with clearer risk warnings.

Recommended readings tonight: 1. U.S. Strategic Bitcoin Reserve Executive Order: Different Impacts on Bitcoin and Altcoins; 2. Crypto Markets Plunge Across the Board. Is the Bull Market Over?; 3. Markets and Some Thoughts from the First-Level Perspectives of the East and the West;

Last night, Hong Kong time, the Wall Street Journal (WSJ) quoted people familiar with the matter as saying that the Trump family had negotiated with Binance.US about acquiring shares. However, a few hours later, Zhao Changpeng tweeted to refute the rumor.

Gemini set a Guinness World Record by using 1,000 drones to form the Bitcoin logo in the sky over Austin, Texas. The event celebrated Bitcoin's role in the US Strategic Bitcoin Reserve initiative and showcased the growing influence of cryptocurrency.

Russian President Vladimir Putin has rejected the ceasefire proposal put forward by the United States, outlining multiple conditions that must be met before Russia could consider agreeing to the conditions.

As artificial intelligence (AI) booms, the future of the metaverse seems to be in jeopardy.