Velvet (VELVET) has risen 29% in the past 24 hours, driven by a record increase in holders surpassing 25,400 wallets in July. This surge in holders has supported an 80% price gain since early July. Market sentiment is bullish, with social engagement and a positive funding rate indicating traders are favoring long positions. Heavy short liquidations totaling around $182,000 and a 79% rise in open interest to $42 million suggest strong capital inflow, positioning Velvet for continued short-term gains despite potential shallow pullbacks.
Lands' End awarded CEO Charlie Cole inducement grants including 109,361 restricted stock units and options for 166,018 shares at $11.43 each, vesting over three years. These grants are outside shareholder-approved plans and aim to incentivize his lea...
Aberdeen Municipal Income Fund provides investors a chance to earn monthly, tax-exempt income by leveraging an active, research-driven strategy that includes macroeconomic insight, credit analysis, and high-yield municipal bonds. The fund recently in...
The US has reinstated a blockade on Iranian ports, causing crude oil prices to rise and stock markets like the S&P 500 and Dow Jones to fall. Bitcoin saw significant selling pressure, contributing to a crypto market downturn. The altcoin BEAT experie...
Chewy reported a 7.7% year-over-year net sales increase in Q1, generating $71 million in free cash flow and achieving record profitability. The company added nearly 200,000 net customers despite facing consumer headwinds. While Chewy's guidance antic...
Tenet Fintech Group announced a private placement to raise up to $1.2 million by issuing 24 million shares at $0.05 each. The funds will support the completion and relaunch of its Cubeler Business Development Platform, targeting SMEs in the U.S., Can...
