Happy Thursday!

Bitcoin may be at a ‘turning point’, according to Bitwise’s Matt Hougan. What does he mean by that?

Netflix is taking the stage today after the bell for its earnings call: what do prediction markets say Ted Sarandos will talk about?

Plus, each week, Benzinga’s Stock Whisper Index surfaces five stocks beginning to attract attention. Using proprietary data and pattern recognition, it highlights under-followed names showing early signals before they become widely discussed.

See This Week’s Picks

TOP STORY

Bitcoin 'May Be At A Turning Point,' Could Surge Into Year-End, Bitwise's Matt Hougan Says

Bitwise CIO Matt Hougan says Bitcoin is flashing bottoming signals after recovering from $59,000 to $64,000 despite a barrage of headwinds from Strategy treasury sales.

Hougan told CNBC that institutions are officially becoming Bitcoin's marginal buyer, replacing the retail-to-corporate progression that defined prior cycles, and he expects volatility to compress as ownership matures.

Looking beyond price, he pegged tokenization as the next massive growth runway, noting only $300 billion of assets sit on-chain versus $600 trillion in global financial assets.

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Five Stocks Showing Early Signals This Week

Each week, Benzinga’s Stock Whisper Index surfaces five stocks beginning to attract attention beneath the surface. Using proprietary data and pattern recognition, it highlights under-followed names showing early signals before they become widely discussed. These are the names worth watching as the next moves take shape.

MARKET MINUTES

The Clarity Act is entering a crucial four-week spell in the Senate. Here’s why the next four weeks can make or break the bill.

XRP is seeing increasing search interest from Google. So why has that not translated to increased prices?

The Fed is usually not one of the bullish catalysts Bitcoin investors would think about. But that could be about to change this month — here’s why.

FINTECH FOCUS

Netflix Earnings Prediction Market Preview: What Will Ted Sarandos Say?

Netflix reports Q2 earnings after the bell with shares down nearly 20% YTD, and prediction markets are already scripting the call.

Polymarket gives the streamer a 76% chance to beat the 79-cent consensus, but Kalshi traders are betting the real story is in the keywords: "Competition" leads at 88%, "Gaming" at 87%, and "Acquisition" at 86% — hinting analysts will press whether Netflix circles back on the Paramount Skydance deal it lost after bidding $83 billion for Warner Bros.

Here’s what else traders expect co-CEOs Ted Sarandos and Greg Peters to dodge…

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Missed yesterday's quiz? Catch up here. The more daily quizzes you complete, the better your chances of landing a top spot. Remember, it only takes one great score to win.

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