### Cathie Wood's Strategic Sell-off

**Cathie Wood**, the renowned CEO and CIO of **Ark Invest**, has made headlines by selling **over 36,000 shares** of the **ARK 21Shares Bitcoin ETF (ARKB)** to kick off **2025**. As a long-time advocate for **Bitcoin (BTC)**, this decision raises questions about her outlook on the cryptocurrency market.

### Market Reactions

The sale of such a significant number of shares often signals a shift in strategy or sentiment. **Wood's actions** could reflect her views on **current market conditions** or a need to **reallocate funds** within her investment portfolio. 

### What This Means for Bitcoin and ARKB

Investors and analysts alike are keenly observing how this sell-off will impact the **ARKB ETF** and the broader **Bitcoin market**. With **Bitcoin** constantly fluctuating, Wood's decisions could influence investor confidence and market dynamics. 

### Conclusion

As a prominent figure in the cryptocurrency space, Cathie Wood's movements are closely monitored. This recent sale may be a pivotal moment as we enter the new year, prompting discussions about the future of **Bitcoin investments**.

Cathie Wood, CEO and CIO of Ark Invest and longtime bitcoin (BTC-USD) advocate has sold over 36K shares of ARK 21Shares Bitcoin ETF (ARKB).

Cathie Wood's Bold Move: Selling 36K Shares of Bitcoin ETF ARKB as 2025 Begins

## Exploring a Controversial Energy Source

A **cryptocurrency mining facility** in North Tonawanda is considering the use of **mini nuclear reactors** to power its operations instead of relying on natural gas by **2031**.

While city officials are investigating the feasibility and potential restrictions of this plan, many residents have voiced their **concerns**. The idea emerged in December through a **memorandum of understanding** between **Digihost** and **Nano Nuclear Energy**, who are seeking guidance from **NYSERDA** (New York State Energy Research and Development Agency) for their proposal.

## Community Concerns

The facility is located on an industrial-zoned plot but is close to residential neighborhoods already troubled by noise issues from the plant. **Mayor Austin Tylec** acknowledged the community's worries and stated, "I have reached out to them to understand the technology, which is still in development."

**Deborah Gondek**, Chair of the **Climate Smart Task Force**, raised critical questions about the management of **nuclear waste** and the potential for environmental disasters impacting local waterways. She noted a growing trend among **Bitcoin mining companies** nationwide to seek more environmentally friendly energy sources.

## Proposed Moratorium

Mayor Tylec is planning a meeting with residents to discuss the possibility of implementing **zoning restrictions** and a potential moratorium on expanding Bitcoin mining operations in the area. He mentioned, "There will be a proposed moratorium that pauses any new energy systems in the city."

## Skepticism Over Promises

Gondek expressed skepticism regarding Digihost's intentions, recalling a past promise by the company to eliminate noise from their facility, which has not been fulfilled. **Michel Amar**, CEO of Digihost, emphasized that collaborating with Nano Nuclear represents a significant step toward achieving sustainability goals and expanding their operations efficiently.

**Jay Yu**, CEO of Nano Nuclear Energy, stated their goal is to provide **cost-effective alternatives** to traditional energy sources, paving the way for sustainable energy solutions in New York State. 

As of now, the community awaits further clarification from **NYSERDA** regarding their guidance on this nuclear power initiative.

The operators of the somewhat controversial cryptocurrency mining facility in North Tonawanda are now exploring the idea of using mini nuclear reactors to power it.

North Tonawanda's Bold Move: Could Mini Nuclear Reactors Power Bitcoin Mining?

### Bernie Moreno's Victory and Its Implications for Cryptocurrency  
**Washington, D.C.** — Bernie Moreno’s recent win in the Ohio Senate race marks a significant milestone for the **cryptocurrency industry**, which invested over **$40 million** to support his campaign. Now that he is in office, Moreno has expressed his intention to back new legislation aimed at regulating the industry more effectively.

### Key Points to Note  
- **Support for New Legislation**: Moreno has committed to advocating for legislation that the cryptocurrency sector has been seeking, which would establish clearer regulatory guidelines.  
- **Financial Backing from Crypto Industry**: The crypto industry played a crucial role in fueling Moreno's success in the Senate race, with substantial contributions from **Super PAC Defend American Jobs**, linked to major crypto players like **Coinbase** and **Ripple**.  
- **Contrast with Predecessor**: Moreno's pro-crypto stance sharply contrasts with that of former Senator **Sherrod Brown**, who previously blocked efforts to loosen regulations on crypto assets.

### Moreno's Background in Blockchain  
Moreno is no stranger to the **blockchain** technology that underpins cryptocurrency. His previous venture, **Champ Titles**, was a pioneer in using blockchain for digital car titling.

### Legislative Challenges Ahead  
As the new Congress convenes, there will be a need to reintroduce and pass cryptocurrency regulation bills like the **Financial Innovation and Technology for the 21st Century Act (FIT 21)**, which seeks to classify many cryptocurrencies as **commodities** rather than securities—thus enabling a more relaxed regulatory environment.  

Moreno, who now serves on various Senate committees including **Banking**, **Homeland Security**, and **Commerce**, believes that the cryptocurrency sector deserves **fair treatment** and **transparent regulations**. He emphasizes that the industry is not looking for deregulation but rather for a **consistent regulatory framework** that ensures fairness across the board.

### Future Outlook  
With the **Republicans** now in control of the House, there is optimism that similar legislation could advance more swiftly in the current Congress, given the bipartisan support it previously enjoyed.


Moreno said he would support legislation the industry is seeking that would govern how it is regulated.

Bernie Moreno Champions Cryptocurrency: A New Era of Regulation? 

In a significant move for cryptocurrency enthusiasts, an **Oklahoma Senator** has introduced the **Bitcoin Freedom Act**. This legislation aims to promote the use of **Bitcoin** and safeguard the rights of individuals to utilize digital currencies without excessive government interference. The act emphasizes the importance of **financial freedom** in the digital age, allowing citizens to engage in **peer-to-peer transactions** and invest in cryptocurrencies without burdensome regulations.

### Key Features of the Bitcoin Freedom Act
- **Protection of Digital Assets**: The act seeks to protect individuals' rights to own and transact in Bitcoin and other cryptocurrencies.
- **Reduction of Regulatory Barriers**: It aims to minimize unnecessary regulations that hinder the growth of the cryptocurrency market.
- **Support for Innovation**: The legislation encourages innovation in the **blockchain** space, fostering an environment conducive to technological advancements.

This initiative reflects a growing trend among lawmakers to embrace **cryptocurrencies** and recognize their potential to enhance economic opportunities. As more states consider similar measures, the future of **Bitcoin** and other cryptocurrencies looks promising in the political arena.

Oklahoma Senator Proposes Groundbreaking Bitcoin Freedom Act

## A Bold Historical Perspective on American Purchases
Although America has a **rich history** of approaching international relations through **commercial means**, such purchases are often met with **controversy**. One of the most notable instances is when **Thomas Jefferson** acquired **Louisiana** in 1803, effectively **doubling** the size of the nation. At that time, Jefferson had to set aside his beliefs about constitutional limitations, which would have prevented such a **bold federal action**.

Fast forward sixty-four years, and **William Seward**, then Secretary of State, made a significant purchase of **Alaska** from **Russia** for **$7.2 million** (equivalent to **$162 million** today). Initially labeled as “**Seward’s folly**,” this acquisition is now viewed as a **masterstroke**. In hindsight, both the **Alaska** deal and the **Louisiana** purchase are recognized as extraordinary values that shaped the future of the United States.

Donald Trump’s threat of force is unwise. Instead, he should name a price | Finance & economics

Could Buying Greenland Be Donald Trump's Next Big Deal?

### Market Overview
Bitcoin (BTC) has faced a significant sell-off, erasing its early-2025 gains as macroeconomic concerns and a global bond market downturn intensified pressure on cryptocurrency prices.

The largest cryptocurrency dropped to a low of **$92,600** during U.S. trading hours, marking a nearly **10%** decline from its peak above **$102,000** just two days prior. Although it has bounced back slightly to **$94,300**, it remains down **2.5%** in the last 24 hours.

### Altcoin Performance
In this turbulent market, **Cardano's ADA**, **Render's RNDR**, and **Aptos' APT** led the losses among the broader market, with the **CoinDesk 20 Index** declining over **3%** during the same timeframe.

### Liquidations and Stock Impact
This two-day plunge resulted in the liquidation of nearly **$1 billion** in leveraged derivatives positions, predominantly affecting long positions expecting higher prices. The drop pushed Bitcoin below its starting point for the year, though it remains **1%** above its January 1 opening price.

Crypto-related stocks also suffered, with several bitcoin miners like **TeraWulf (WULF)**, **Bit Digital (BTBT)**, and **Hut 8 (HUT)** experiencing declines of **5%-8%**. **Semler Scientific**, which holds Bitcoin as part of its treasury strategy, saw a **10%** drop, now down **40%** from its late December high.

### Economic Influences
Recent strong U.S. economic data has caused investors to reassess their expectations for interest rate cuts in 2025, contributing to the market's pullback. Fed officials have expressed concerns about inflation and the potential impact of incoming policies from President **Donald Trump**.

### Future Outlook: Bounce Ahead?
Despite the recent downturn, analysts suggest that a bounce back for Bitcoin could be on the horizon. **Bob Loukas**, a well-known cross-asset trader, predicts that Bitcoin might see a recovery from its recent lows, although it may continue to trade within a range before establishing new all-time highs. He stated, "Doesn't have to be uber bearish, but we might need to fiddle around in a range and get more comfortable with $100k prints before we can really leave this area behind."

With the upcoming **U.S. non-farm payrolls data** and an important **Fed meeting**, market sentiment is cautiously optimistic, with some forecasting a bullish rally as Trump's inauguration approaches.

Mining stocks including WULF, BTDR, IREN and HUT slipped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.

Bitcoin Dips Below $93K: Is a Short-Term Rebound on the Horizon?

The cryptocurrency market is currently **buzzing with strong bullish sentiments**, with **Bitcoin** at the forefront of discussions among leading financial entities and analysts. Despite the inherent **volatility** in the realm of digital assets, the outlook for Bitcoin remains overwhelmingly **positive**, with many experts speculating that the cryptocurrency is poised for **massive growth** in the coming months and years.

![Bitcoin](https://www.hpbl.co.in/news/wp-content/uploads/2025/01/2-1.jpg)

Over the past few months, Bitcoin has experienced **significant price fluctuations**, yet these have not dampened investor optimism. The general consensus suggests that **Bitcoin is gearing up for another explosive rally**. Factors contributing to this renewed confidence include **institutional adoption**, increasing public interest, and favorable **regulatory developments**.

Major financial institutions have begun integrating Bitcoin into their portfolios, reflecting a growing belief in its **long-term potential**. This shift in perspective extends beyond speculative investors to include traditional financial players like **banks**, **hedge funds**, and **asset managers**. Many now regard Bitcoin not just as a speculative asset but as a **store of value** akin to gold, particularly against a backdrop of **economic uncertainties**.

Analysts point to key **technical indicators** suggesting Bitcoin's price could reach new heights. The increasing institutional involvement and the upcoming **halving event**, which has historically triggered price increases, bolster predictions of significant growth. Additionally, the expanding global network of Bitcoin users and its rising acceptance as a payment method are pivotal elements in its **upward trajectory**.

The global economic landscape further fuels optimism surrounding Bitcoin. As central banks worldwide continue their **monetary policies** and inflation concerns grow, Bitcoin's **decentralized nature** and limited supply make it an attractive hedge against traditional market risks. This narrative gains traction as more investors consider Bitcoin an alternative asset to safeguard their wealth.

As Bitcoin continues to establish its presence in the global financial ecosystem, the attention from both **retail and institutional investors** intensifies. Market experts remain **bullish** on the cryptocurrency, believing that its decentralized nature, technological advancements, and increasing adoption will propel it to even greater heights. With Bitcoin firmly established in the mainstream, the **crypto space anticipates an exciting period of growth** as Bitcoin solidifies its role as a leading asset class.

The cryptocurrency market is buzzing with strong bullish sentiments, as Bitcoin continues to dominate discussions among leading financial entities and analysts. Despite the volatility that typically c

Bitcoin's Surge Ahead: Experts Forecast Unprecedented Growth in the Cryptocurrency Market

# Crypto Prices Under Pressure From Global Rise in Yields

A sharp gain in interest rates didn't dent crypto's price rally through late 2024, but that may not be the case anymore.

**Jan 8, 2025, 3:42 p.m. UTC**

Crypto markets had been on a nice **bull run** in the final quarter of 2024, but the trend of rising government bond yields across the globe appears to have become too strong to ignore.

Considered the benchmark that sets the standard across the world, the **U.S. 10-year Treasury yield** has risen to **4.70%** as of Wednesday, nearing a multi-year high and now up more than **100 basis points** since the Federal Reserve first cut its fed funds rate in September.

![Fed Funds Rate vs US10Y (TradingView)](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F66c10454e84ab399c93f4c6df2537dc6c1c7fa65-1519x906.png%3Fauto%3Dformat&w=1920&q=75&dpl=dpl_EY98mg2CffmP7TFmnb8io9BMwWsv)

The action in the U.K. has been even more extreme, with the **30-year Gilt yield** on Wednesday rising to **5.35%**, its highest level since **1998**. It's now ahead by **105 basis points** since the Fed's first rate cut in September.

Large jumps in interest rates aren't limited to the U.S. and U.K., as **Germany, Italy**, and **Japan** have experienced similar action. Japan's **10-year JGB yield**, in fact, has risen to **1.18%** — a relatively tiny number, but its highest level in nearly **15 years**.

Rising yields through much of the last several months didn't appear to impede crypto price action, where **bitcoin** and a number of other digital assets rose to record or multi-year highs in early-mid December. However, the price action since is a different story, with bitcoin — for instance — down more than **10%** from its record above **$108,000** set just three weeks ago and several other majors lower by even larger amounts.

There's always an exception and this time around it's **China**, where yields are falling sharply on deflation worries. According to an [X post by The Kobeissi Letter](https://108.181.34.45/KobeissiLetter/status/1867190522470867416?__cpo=aHR0cHM6Ly94LmNvbQ), China has been experiencing its longest period of **deflation** since **1999**.

A sharp gain in interest rates didn't dent crypto's price rally through late 2024, but that may not be the case anymore.

Cathie Wood's Bold Move: Selling 36K Shares of Bitcoin ETF ARKB as 2025 Begins

Summary:

Cathie Wood's Strategic Sell-off

Market Reactions

What This Means for Bitcoin and ARKB

Conclusion

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Other Latest News

North Tonawanda's Bold Move: Could Mini Nuclear Reactors Power Bitcoin Mining?

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Could Buying Greenland Be Donald Trump's Next Big Deal?

Bitcoin Dips Below $93K: Is a Short-Term Rebound on the Horizon?

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Are Rising Yields Threatening Bitcoin's Bull Run? Discover the Impact!

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Oklahoma Senator Proposes Groundbreaking Bitcoin Freedom Act

Could Buying Greenland Be Donald Trump's Next Big Deal?

Bitcoin Dips Below $93K: Is a Short-Term Rebound on the Horizon?

Bitcoin's Surge Ahead: Experts Forecast Unprecedented Growth in the Cryptocurrency Market

Are Rising Yields Threatening Bitcoin's Bull Run? Discover the Impact!