Vanadi Coffee, a Spanish coffee franchise that shifted to holding bitcoin, is embroiled in internal conflict as a major shareholder, Vallecid, demands board renewal and scrutiny over high fees charged by board members on bitcoin financing transactions—fees reportedly up to 5%. This has led to shareholder dilution and legal threats. Despite holding 223 BTC, Vanadi's stock has plummeted 97% since its bitcoin pivot, wiping out much of its market value. The dispute highlights risks in corporate governance when companies adopt aggressive cryptocurrency strategies.
The global beadlets capsule market is projected to grow from $467.26 million in 2025 to $968.45 million by 2035, at a compound annual growth rate of 6.85%. Growth is driven by rising demand in pharmaceutical and nutraceutical sectors, fueled by advan...
Ether surged about 12% over the past week, leading major cryptocurrencies higher while Bitcoin held steady above $63,000, recovering from late June losses. This resilience in crypto prices contrasts with a stalling rally in AI and chip stocks and a s...
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows last week, extending their losing streak to eight consecutive weeks, the longest since these ETFs began trading. Spot Ethereum ETFs also posted $13.67 million in outflows, reflecting ...
China, the world's largest crude oil importer, has significantly reduced its oil purchases, including from Iran, amid the ongoing Middle East conflict and a strategic shift towards green energy. In May, China's crude imports fell 29% year-on-year to ...
Bitcoin climbed to $63,700, its highest in two weeks, driven by a 2.7% weekend gain as traders prepare for a week packed with important U.S. economic data. The Federal Reserve's meeting minutes, the first under new Chairman Kevin Warsh, along with jo...
