News
4 Jun 2026, 20:35
STRC Falls 5% Below Par: Normal Preferred Behavior or Warning Sign?

Strategy’s preferred stock STRC closed Wednesday at $94.65, about 5% below its $100 par value, touching off a wave of alarm on social media. While some critics have aired concern about the sustainability of the structure that has helped fund Strategy’s Bitcoin buying spree, a few supporters argue that STRC’s move down is normal for preferred securities. STRC Is Acting Like a Preferred Stock One of those pushing back against the panic was crypto commentator Scott Melker, known as The Wolf of All Streets to his 1 million followers on X. “A 5% discount to par is not evidence that something is broken,” he wrote in a June 4 social post. “It’s evidence that investors are demanding higher yield, pricing risk, or reacting to market conditions – exactly what preferred stocks do.” The mechanics here matter. STRC launched in July 2025 at a $100 par value, not a price floor, and according to the analyst, that par figure determines how liquidation preference and certain redemption provisions work, but it does not obligate the stock to trade there. He pointed out that many preferred stocks often spend long periods below their stated par, and STRC’s monthly dividend adjustment was designed to pull the price back to $100 by raising the yield when demand softens. As of today, Strategy’s data shows STRC trading at $94.65 with an effective yield of 12.15%, which is higher than its current dividend of 11.50%. The larger market yield is a direct result of the lower share price. That dynamic became a focal point of the debate, with Bitcoin author Adam Livingston arguing that the market is simply pricing risk at a 12.5% yield. The Risk Underneath the Yield Despite Melker’s assurances, the concern gaining traction goes beyond bond math. Strategy’s total preferred dividend obligations are close to $1.7 billion per year, and, as Bitcoin critic Peter Schiff previously pointed out , its software business does not come close to covering that figure. Recall that the payments largely depend on the company’s ability to keep issuing new STRC shares, which, as several observers noted in the comments section of Melker’s X post, can become more difficult if the shares continue to trade below par. Schiff, who called STRC a Ponzi scheme back in April, argued that the lower STRC trades, the more Strategy will have to raise the official dividend to stabilize it, and that would see it burning through cash faster and pulling forward any eventual Bitcoin sales. Last month, crypto media personality Ran Neuner made a similar point, stating that if STRC doesn’t recover to $100, Strategy can’t issue more shares at par, which would then limit its ability to raise cash. As a result, the market would then start pricing STRC below par more permanently. This would force further yield increases to attract buyers, which would in turn require more cash, potentially including BTC sales, to fund those payments. The post STRC Falls 5% Below Par: Normal Preferred Behavior or Warning Sign? appeared first on CryptoPotato .
4 Jun 2026, 20:35
Crypto-Powered Peptide Black Market Surpasses $100 Million Annually, Chainalysis Reveals

BitcoinWorld Crypto-Powered Peptide Black Market Surpasses $100 Million Annually, Chainalysis Reveals Blockchain analytics firm Chainalysis has published new data indicating that the black market for peptides, facilitated by cryptocurrency transactions, now exceeds $100 million in annual volume. The report highlights a dramatic 159% surge in crypto inflows to known peptide vendors, rising from $12 million in the fourth quarter of last year to $32 million in the first quarter of this year. Drivers Behind the Surge According to Chainalysis, the rapid growth is primarily driven by sellers leveraging Bitcoin and stablecoins to bypass restrictions imposed by traditional banks and payment processors. These financial institutions have increasingly flagged and blocked transactions related to unregulated peptide sales, pushing the trade onto cryptocurrency rails. The trend is further amplified by the rising “Looksmaxxing” social media phenomenon, which encourages followers to pursue extreme physical appearance improvements, often through unapproved substances like peptides. The Role of Stablecoins The report notes a significant shift in payment preferences within this underground economy. While Bitcoin remains a staple, stablecoins are becoming an increasingly popular method due to their lower price volatility. Sellers and buyers alike prefer the predictability of stablecoins for transactions, which reduces the financial risk associated with rapid price swings common in other cryptocurrencies. This shift is making the market more accessible and efficient for participants. Implications for Regulators and Consumers The findings underscore a growing challenge for regulators. The peptide black market operates largely outside medical oversight, raising serious health and safety concerns. Unregulated peptides can be mislabeled, contaminated, or incorrectly dosed, posing significant risks to consumers who purchase them online. The use of cryptocurrency adds a layer of anonymity that complicates enforcement efforts. Chainalysis’s data provides law enforcement and financial intelligence units with critical insights into transaction patterns, potentially aiding in disrupting these networks. Conclusion The convergence of social media trends, regulatory pressure on traditional payments, and the flexibility of cryptocurrency has created a thriving underground market for peptides. As the volume of crypto transactions continues to climb, the need for coordinated action between health authorities, financial regulators, and blockchain analytics firms becomes increasingly urgent. For consumers, the data serves as a stark reminder of the risks associated with purchasing unregulated medical substances online. FAQs Q1: What are peptides, and why are they sold on the black market? Peptides are short chains of amino acids often marketed for muscle growth, fat loss, and anti-aging. They are sold on the black market because many are unapproved by regulators like the FDA, making them illegal to sell through legitimate channels. Q2: How does cryptocurrency facilitate this black market? Cryptocurrency allows buyers and sellers to transact without using traditional banks, which often block payments for unregulated substances. This provides a degree of anonymity and reduces the risk of financial accounts being frozen. Q3: What is the Looksmaxxing trend? Looksmaxxing is a social media-driven movement focused on maximizing physical attractiveness through various means, including diet, exercise, and in some cases, the use of unregulated supplements or substances like peptides. This post Crypto-Powered Peptide Black Market Surpasses $100 Million Annually, Chainalysis Reveals first appeared on BitcoinWorld .
4 Jun 2026, 20:31
XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish

The XRP price slid on Wednesday to its lowest level in four months, hitting $1.14. The drop has contributed to a broader soft patch across crypto, and both chart analysis and on-chain indicators are now pointing to a more bearish environment for the altcoin. XRP Price Slips Below Key Averages Market expert Sam Daodu, in a fresh breakdown of what’s driving the move, argued that there currently isn’t much for bulls to lean on. One of the most immediate issues is trend structure. According to Daodu, the XRP price is currently trading below its key moving averages — specifically the 7, 14, and 30-day averages — indicating that the short-term trend is bearish across multiple timeframes. Related Reading: Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days He noted that the weekly exponential moving averages (EMAs) sit higher, clustered between $1.50 and $1.78, which has effectively capped every rebound attempt. That means even when XRP bounces, buyers have struggled to push it out of that upper resistance band. The outlook also looks difficult when comparing the XRP price to the 200-day moving average, a level that Daodu sees as a dividing line between bullish and bearish regimes. The expert placed this key reference price at about $1.64, describing it as a “long climb back” from current trading levels at around $1.17 at the time of writing—underscoring how far the asset would likely need to recover to regain a more constructive trend. Whale Withdrawals Hit 4-Year Low On-chain activity adds another layer of concern for the XRP price. Whale withdrawals from Binance—often viewed as a quieter bullish sign because it can indicate large holders moving assets off exchanges to hold long term—have fallen sharply. Over the past 30 days, whale withdrawals are down to roughly 978 million XRP, which Daodu described as the lowest reading since 2021, essentially a four-year low. In the same period, CryptoQuant data indicates large-holder accumulation has stalled, implying that big holders aren’t adding with conviction during this decline. With this in mind, Daodu’s bearish setup centers on three key price levels. The first is $1.14, which he frames as the near-term technical target. The second is $1.11, the low from February. The third is $1, aligned with the monthly Bollinger floor and treated as a potential endpoint if selling pressure persists. He also emphasized that if macro conditions don’t ease and whales keep showing reluctance to accumulate, these levels could become the next stops. What The Recovery Depends On Daodu also suggested that the path forward may hinge on three factors. The first is whether the XRP price can defend the $1.14. If it holds, the bullish case can still play out; if it breaks, he expects the move could extend toward $1.11 and potentially into the $1 area. The second factor is the CLARITY Act floor vote. A vote scheduled before the August recess would help clarify the regulatory picture, while no vote could deepen disappointment and add to existing macro pressure. Related Reading: Mastercard Unveils Stablecoin Settlement Support Spanning 8 Blockchains, Including The XRP Ledger The third factor is whale behavior again—specifically, whether whale withdrawals from Binance start climbing back above the current 978 million XRP reading over the past 30 days. Rising withdrawals above that level would indicate renewed accumulation by larger holders. Even with these bearish indicators, Daodu cautioned that the drop isn’t necessarily rooted in XRP-specific fundamentals. He argued that the XRP price was pulled lower alongside the rest of the market, meaning the next phase likely depends on how those broader market conditions develop. Featured image created with OpenArt; chart from TradingView.com
4 Jun 2026, 20:30
Binance projects $2 trillion in capital inflow by 2031! What’s behind the 300 million new investors?

🚀 Binance Research forecasts a $2 trillion capital influx and 300 million new investors in global equities by 2031. 📈 Most of this new wave could come from emerging markets using stablecoins and tokenized shares on crypto platforms. 🌍 Access limitations and high stock prices are driving interest in fractional and digital investing, shifting the role of $BTC in portfolios. Continue Reading: Binance projects $2 trillion in capital inflow by 2031! What’s behind the 300 million new investors? The post Binance projects $2 trillion in capital inflow by 2031! What’s behind the 300 million new investors? appeared first on COINTURK NEWS .
4 Jun 2026, 20:25
Ryan Adams, David Hoffman clash over whether Ethereum growth benefits ETH

The exchange reflects growing debate over whether Ethereum’s network growth properly translates into long-term value accrual for ETH.
4 Jun 2026, 20:15
Solo Bitcoin Miners Keep Pocketing Full Block Rewards in 2026: Here’s How

Solo bitcoin miners running desktop-sized hardware are still finding full blocks in 2026, and the data from several active solo mining pools makes clear this is no longer a fluke. A Recent Solo Win Puts the Spotlight Back on Home Mining A solo miner hit a bitcoin block recently, collecting the full 3.125 BTC subsidy




































