Bloomberg: Peptide supplement informal vendors saw a 700% year-on-year surge in cryptocurrency payments in Q1 this year
According to Foresight News, Bloomberg citing Chainalysis data reports that informal suppliers selling peptides health products directly to consumers—bypassing prescriptions and FDA approval—received $32 million in cryptocurrency payments in Q1 2026, a surge of 700% compared to the same period last year. The recent annualized scale has already exceeded $100 million. Because banks and credit card companies refuse to provide services to such suppliers due to compliance risks, more sellers are accepting only Bitcoin payments, thus attracting a large number of ordinary consumers who had never previously interacted with cryptocurrency. Blockchain security company TRM Labs data also shows that in 2025, the total crypto inflow into this sector reached $41.4 million, up 20% year-on-year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Diamondback (FANG.US): Permian Basin will become the largest natural gas producing region in the United States by the 2030s
Diamondback Energy (FANG.US) stated that the Permian Basin, the site of the highest oil production in the United States, will also become the country's largest natural gas production area sometime in the 2030s.
Disney (DIS.US) reportedly plans to lay off thousands of employees, with some managers being asked to save 20% of annual costs.
According to informed sources, Disney (DIS.US) is planning to lay off thousands of employees. The entertainment giant has asked some managers to set their annual cost-saving targets at 20%.
South Korea launches record-breaking budget for AI: 4.7 trillion won to build a "global highest-performance" sovereign model
South Korean President Lee Jae-myung has announced the largest fiscal budget in history—820.9 trillion won, representing a 12.8% surge from the previous year. The investment in AI and semiconductor initiatives will double to 1 trillion won, with an additional 4.7 trillion won allocated specifically for developing a "world’s highest-performance" sovereign AI model. Robust exports provide real support for these ambitions: South Korea’s exports in October alone soared by 93.7% to a record $115.3 billions, with annual exports on the brink of surpassing the $1 trillions milestone.
Crypto prices
More
