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Spot Bitcoin and Ethereum ETFs have seen record inflows, with $3.85 billion entering digital asset funds last week, driven by institutional demand. BlackRock's iShares ETFs accounted for $3.2 billion, pushing total crypto assets under management to $56.7 billion. Meanwhile, long-term Bitcoin holders sold 827,783 BTC in 30 days, contributing to Bitcoin's struggle to maintain momentum above $100,000. The U.S. has emerged as the leading market for digital asset investment, with speculation that smaller crypto ETFs may soon be approved following Donald Trump's return to the presidency.
Ethereum's price fell nearly 10% to $2,680 as investors realized over $2.5 billion in profits, leading to a spike in futures liquidations. Despite this, Ethereum ETFs saw record inflows of $836.8 million, indicating strong institutional interest. The cryptocurrency may find support near $3,550, with potential to retest its yearly high of $4,093 if it rebounds.
AT&T CEO John Stankey will address shareholders at the UBS Global Media & Communications Conference, outlining the company's strategic growth plan aimed at enhancing its position as a leading connectivity provider in America. By 2029, AT&T plans to expand its fiber broadband network to over 50 million locations and modernize its 5G network, while also targeting $50 billion in financial capacity for shareholder returns through dividends and share repurchases. The company anticipates achieving a net leverage target of 2.5x by mid-2025, supporting its growth and investment strategies.
AT&T CEO John Stankey will address shareholders at the UBS Global Media & Communications Conference, outlining the company's strategic growth plan aimed at enhancing its connectivity services. By 2029, AT&T anticipates reaching over 50 million fiber locations and completing its 5G network modernization by 2027. The company expects to generate over $50 billion in financial capacity over the next three years, with plans to return $40 billion to shareholders through dividends and share repurchases.
John Stankey, CEO of AT&T, will address shareholders at the UBS Global Media & Communications Conference on December 10, outlining the company's multi-year strategic growth plan focused on customer-centricity and network investment. AT&T aims to enhance its position as a leading connectivity provider in America, with plans to modernize its 5G network by 2027 and expand its fiber broadband reach to over 50 million locations by 2029. The company is on track to achieve its financial goals, projecting over $16 billion in Free Cash Flow for 2025, driven by Adjusted EBITDA growth and reduced cash interest.
Ethereum, dominating decentralized finance with 57% of total value locked, presents a compelling investment opportunity as it trades at a lower market size-to-TVL ratio than competitors. With the launch of spot ETFs and backing from major players like BlackRock, demand for ether is expected to rise, especially as tokenized assets gain traction on its blockchain. As ether approaches key resistance levels, its potential for a significant price rally could align with historical trends in crypto bull markets.
Crypto investment products achieved a record weekly inflow of $3.85 billion, driven by strong institutional interest in Bitcoin, Ethereum, and XRP. Bitcoin led with $2.5 billion, while Ethereum attracted $1.2 billion and XRP saw $134 million, reflecting growing demand and optimism in the market. Year-to-date inflows reached $41 billion, with total assets under management climbing to $165 billion.
The cryptocurrency landscape is poised for significant transformation in 2025, driven by trends such as AI tokens, institutional investment, and the resurgence of meme coins. Decentralized exchanges are gaining traction for their security and self-custody features, while NFTs are expected to evolve towards utility. As the market embraces decentralization, the potential for explosive growth in sectors like blockchain gaming and AI is on the horizon.
Ethereum's price is showing signs of potential growth, with traders speculating a possible retest of its all-time high of $4,878 within the next week. Currently priced at $3,946, a 24% weekly gain would be needed to reach this milestone. Analysts note that Ether's recent breakout past $4,000 and structural changes in the market could lead to significant upward movement, with minimal resistance ahead.
Bitcoin's recent surge past $100,000 has led to predictions of further growth, with a 6% chance of exceeding $150,000 by January, according to Derive's research. Institutional interest, particularly from firms like MicroStrategy and BlackRock's iShares Bitcoin Trust, has significantly influenced market dynamics. As the market stabilizes, analysts suggest a potential doubling of Bitcoin's price by 2025, driven by ongoing investment flows and strategic support from political figures.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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