As the U.S. stock market finds its footing after the recent Federal Reserve rate cut, savvy investors are turning their eyes toward promising opportunities. With the market currently on a recovery trajectory, there’s no better time to explore novel stocks that could provide substantial returns in the long run. Among these, Netflix (NFLX) stands out as a stock worth considering, especially as it trends in the buy zone following a significant technical shift.
NFLX On The Rise – Breaking Down Barriers
In recent trading sessions, Netflix has broken a downtrend that had previously stifled its growth, signaling a potential price surge ahead. The stock is currently trading at approximately $701 and boasts fresh support levels that indicate bullish momentum. With its Relative Strength Index (RSI) reflecting a strong upward trend, NFLX appears to be basking in favorable market conditions.
Over the past three years, Netflix has delivered an impressive 597% increase in profits, a statistic that highlights its ability to adapt and thrive. Revenue metrics are on an upward trajectory, suggesting that the streaming giant is well-positioned for continued growth. With a stable market environment, now is the ideal moment for investors to capitalize on Netflix’s momentum.
What’s Fueling Netflix’s Ascent?
Several factors contribute to Netflix’s current success. A pivotal change in its policy—restricting password sharing—has resulted in a surge of new subscribers and increased profitability. This strategic shift not only enhances revenue but also fortifies user engagement, positioning Netflix as a more robust competitor in the streaming landscape.
Moreover, Netflix’s commitment to producing original content remains a cornerstone of its strategy. Critically acclaimed series like “Stranger Things” and “Bridgerton” have not only captivated audiences but have also diversified Netflix’s income streams. By continually investing in high-quality, original programming, the company enhances its appeal and attracts a broader subscriber base.
Netflix is not resting on its laurels; it is also exploring new revenue avenues, such as live events. Recently, the company signed a $5 billion deal with TKO Group to incorporate its flagship program, “RAW,” into its offerings. This foray into live entertainment could unlock new revenue streams and enhance user engagement, providing further impetus for stock growth.
In a stabilizing stock market, Netflix emerges as a beacon of opportunity. With its innovative policies, strong original content, and expansion into live events, NFLX is well-positioned for sustained growth. Investors looking to maximize their returns should keep a close eye on this stock as it trends upward in a favorable market climate. As Netflix continues to break new ground, it may very well lead the charge in a recovering market, making it a must-watch for those looking to gain the upper hand in their investment portfolios.
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee as we analyze Standard Chartered’s Bitcoin (BTC) price projections. According to the bank, Bitcoin price could hit $500,000 as global institutions accumulate Strategy’s MSTR stock for indirect exposure to Bitcoin.
Crypto News of the Day: Standard Chartered’s Bold Bitcoin Prediction
Bitcoin was trading for $105,178, up by a modest 2.27% in the last 24 hours. In recent developments, the pioneer crypto market capitalization has ascended to an all-time high of $2.09 trillion.
However, analysts hold that institutional interest has much to do with Bitcoin’s value surge. Firstly, Bitcoin ETFs (exchange-traded funds), which offer Traditional Finance (TradFi) players indirect exposure to BTC, drive institutional interest.
In the same way, institutions are gaining indirect exposure to Bitcoin via Strategy’s MSTR stock. A recent US Crypto News publication indicated that Strategy (formerly MicroStrategy) held 576,230 BTC as of May 19.
Holding a significant amount of Bitcoin on its balance sheet, Strategy’s MSTR stock price correlates closely with Bitcoin’s price movements.
MSTR vs. BTC performance in the past year. Source: ivanhoff.com on X
Analysts ascribe this correlation to a dynamic where Bitcoin is the base layer while MSTR operates as a vehicle with different risks, mechanics, and rewards.
Against this backdrop, BeInCrypto contacted Geoff Kendrick, Head of Digital Assets Research at Standard Chartered. According to Kendrick, Bitcoin is still on course to hit $500,000 before the end of Trump’s second administration.
Kendrick ascribes this to deepening institutional adoption, particularly through indirect exposure via MicroStrategy’s MSTR shares.
Standard Chartered Says Increasing Allocations to MSTR Is Bullish for Bitcoin
Newly released Q1 2025 13F filings from the US SEC (Securities and Exchange Commission) support the bank’s bullish thesis. Specifically, Strategy saw increasing allocations to MSTR by a range of global sovereign and quasi-sovereign entities.
“As more investors gain access to the asset and as volatility falls, we believe portfolios will migrate towards their optimal level from an underweight starting position in Bitcoin,” Kendrick said in an email to BeInCrypto.
While direct holdings of Bitcoin ETFs declined slightly overall, largely due to the State of Wisconsin Investment Board selling its entire 3,400 BTC-equivalent position in BlackRock’s IBIT ETF, other entities quietly increased exposure via MSTR, which Kendrick described as a “Bitcoin proxy.”
“Government entities increased their holdings of Strategy Incorporated (MSTR), which typically trades like a Bitcoin proxy. Entities in Norway, Switzerland, and South Korea reported significant MSTR increases, and Saudi Arabia added a very small position for the first time,” Kendrick told BeInCrypto.
The Standard Chartered executive emphasized that while Bitcoin ETF flows were “unexciting,” the MSTR accumulation trend was the real story this quarter.
“The MSTR ownership detail was where the excitement was,” he added.
Geoff Kendrick went further, detailing Standard Chartered’s analysis of the filings. Based on their analysis:
Norway added 700 BTC-equivalent via MSTR, now holding 6,300 BTC-equivalent.
Switzerland also added 700 BTC-equivalent, reaching 2,300 BTC-equivalent.
South Korea added 700 BTC-equivalent, bringing its total to 1,300 BTC-equivalent.
US state funds (California, New York, North Carolina, Kentucky) added 1,000 BTC-equivalent collectively, now at 3,300 BTC-equivalent.
Saudi Arabia’s Central Bank opened a small MSTR position—its first.
Meanwhile, Abu Dhabi’s quasi-sovereign wealth fund Mubadala added 300 BTC equivalent via ETF holdings, increasing its position to 5,000 BTC equivalent.
“SEC 13F data for Q1 supports our thesis that Bitcoin is attracting a wider range of buyers. While data on Bitcoin ETF holdings was disappointing, MSTR – a Bitcoin proxy – saw increased buying. Overall sovereign positions were unchanged due to the Wisconsin pension fund selling its ETF holdings,” Kendrick concluded.
The data reinforce Standard Chartered’s outlook that institutional and sovereign flows—both direct and indirect—will be a key driver of Bitcoin’s ascent to $500,000 in the coming years.
Chart of the Day
Governement holdings of BTC ETFs and MSTR. Source: Standard Chartered
This chart illustrates the total government holdings of Bitcoin ETFs and MicroStrategy’s MSTR stock from Q4 2023 to Q1 2025, measured in ‘000 (thousands) BTC equivalents. Based on the chart, holdings have grown steadily, peaking in Q1 2025 at around 18,000 BTC.
The chart shows that key contributors include Abu Dhabi (ETFs), Norway, Sweden, South Korea, France, New York, Wisconsin (ETFs), Michigan (ETFs), Switzerland, Liechtenstein, California, North Carolina, Saudi Arabia, and Kentucky, with varying contributions across quarters.
Byte-Sized Alpha
Here’s a summary of more US crypto news to follow today:
Dragonchain’s DRGN rallied 115% today after the SEC dropped its 2022 lawsuit regarding securities violations. Walt Disney launched the project in 2014 and later converted it into an open-source blockchain.
The network combines private and public blockchain elements, allowing businesses to keep sensitive data private while leveraging public blockchains for verification. This design supports compliance with regulations like GDPR and HIPAA.
What is Dragonchain?
Dragonchain began as the “Disney Private Blockchain Platform,” developed by a team led by Joe Roets at Disney’s Seattle office. In 2016, Disney released the project as open-source software.
Following this, Roets and his team established the Dragonchain Foundation and Dragonchain Inc. to further develop and commercialize the platform. Since then, Disney has not been affiliated with the project.
The blockchain became extremely popular in 2016 because of its hybrid architecture and interoperability. Through its patented Interchain technology, Dragonchain enables integration with other blockchains such as Bitcoin and Ethereum, as well as legacy systems and APIs.
Dragonchain introduced disruptive blockchain innovation at a time when networks like Solana and Layer-2 didn’t exist. It demonstrated high transaction throughput, processing over 250 million transactions in 24 hours during a live demonstration in 2020.
Most notably, it was ahead of its time. The platform introduced quantum-resistant encryption methods to protect data against future quantum computing threats.
The SEC Lawsuit and $1 Billion Loss
The Walt Disney Corporation is not normally known for its Web3 endeavors, but it has shown interest in several sectors over the last few years.
When Disney controlled the project, it had no cryptoasset element, focusing on pure blockchain infrastructure. Shortly after its independence, however, the firm’s developers launched DRGN.
In October 2017, Dragonchain Inc. launched the DRGN token through an Initial Coin Offering (ICO), raising approximately $13.7 million. By January 2018, DRGN’s market cap surged to $1.3 billion.
In 2022, the SEC filed a lawsuit against Dragonchain, focusing on the ICO and alleging unregistered securities offerings. The DRGN token was central to the charges. This marked the beginning of a legally volatile period for the project.
Finally, today, on April 25, 2025, the SEC dropped the lawsuit as part of its wider efforts to reduce crypto enforcement.
The Seven Years’ Wandering finally draws to its close. We were never lost—only laying the ground. Tomorrow, we begin to raise what was always meant to stand.
The announcement sparked a rally in the DRGN market and renewed optimism within the project’s community. The token is up by 115% today and 180% since last week.
Over the last several weeks, Dragonchain’s social media presence has focused on both its blockchain utility and the SEC dismissal.
Dragonchain (DRGN) Price Chart in a Week. Source:
Although the crypto ecosystem has evolved significantly since the lawsuit began, Dragonchain continues to maintain its original commitment to enterprise use cases. It has resisted being labeled as a meme coin and instead emphasizes its enduring focus on practical blockchain applications.
Amid global financial volatility, Bitcoin is emerging as a business strategic asset. A report by Bitcoin investment firm River shows a significant increase in companies’ Bitcoin accumulation, with adoption rising 154% from 2024 to the present.
This article analyzes the growth, the reasons behind this trend, and the latest insights from experts and companies.
Growth in Bitcoin Accumulation Among Businesses
According to River’s statistics, over 2,000 companies are using the platform to accumulate Bitcoin, an impressive 154% growth since 2024.
Leading industries include finance and investment (35.7%), technology (16.8%), professional & consulting services (16.5%), real estate and construction (9.7%), and sectors like healthcare (3.7%) and energy, agriculture, and transportation (3.1%).
Industry Breakdown of Businesses Using Bitcoin. Source: River.
This diversity shows that Bitcoin is no longer limited to high-tech sectors. It has expanded into a wide range of industries. One notable example is BlueCotton, a T-shirt printing company that uses Bitcoin to support its operations. Fast food chain Steak ‘n Shake also began accepting Bitcoin payments at all US locations on May 16, 2025.
Reports also indicate that businesses have become the leading buyers of Bitcoin, outpacing governments and exchange-traded funds (ETFs).
Why Are Businesses Allocating Assets to Bitcoin?
Businesses accumulate Bitcoin primarily because it can hedge against inflation and preserve value.
Cash has significantly lost value as inflation rises and governments continue to print money. River calculated that a company investing 3% of its assets in Bitcoin earned a 20% inflation-adjusted return between 2021 and 2025. In contrast, holding only cash led to a 19% loss, while money market funds saw a 6.7% loss.
Inflation-Adjusted Returns of Bitcoin Holding Companies. Source: River
“Bitcoin provides a unique diversification as a liquid, scarce asset with a fixed supply of 21 million coins. This scarcity has historically allowed Bitcoin to far outperform inflation, making it an effective long-term store of value,” River’s report states.
Bitcoin also offers 24/7 liquidity, giving businesses access to capital anytime. This proved especially valuable during crises, such as the collapse of Silicon Valley Bank in 2023, when many companies couldn’t withdraw their cash.
According to data from BitcoinTreasuries, private and public companies have accumulated over 1 million BTC as of 2025. Standard Chartered predicts that the accumulation activity by companies, governments, and ETFs could drive Bitcoin to $120,000 in Q2 2025.
