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Due to a failed wage negotiation, Samsung Electronics' stock price has dropped by over 3%.

47 minutes ago

On May 20th, market data shows Samsung Electronics’ stock price dropped more than 3% due to failed wage negotiations.
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U.S. Stock Market Storage Sector Gains Across the Board in After-Hours Trading, Micron Technology Up 0.95%

May 20, Bitget market data shows the U.S. stock storage sector posted broad gains in after-hours trading. Micron Technology (MU) advanced 0.95%, SanDisk (SNDK) rose 0.73%, Western Digital (WDC) gained 0.38%, and Seagate Technology (STX) climbed 0.43%.

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Bitcoin Long-Term Holders' Losses Near Bear Market Peak

On May 20th, on-chain analyst Darkfost noted that Bitcoin’s Long-Term Holder (LTH) unrealized loss has reached 5.7 million coins — mirroring bear market highs from prior cycles: 5.96 million in 2015, 5.8 million in 2019, and 6.8 million in 2022. Even so, BTC’s current price is roughly 52% off its all-time high — a steeper drop than seen in previous bear market corrections. That gap suggests the losses are heavily concentrated among the younger segment of LTHs, most likely driven by significant trading activity in the $80,000–$125,000 price zone.

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Hyperliquid HIP-3 Document Update: 500,000 HYPE Staking Threshold to Be Gradually Reduced

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4 minutes ago

Two wallets simultaneously ten times leveraged long on PEPE, with a total position size of $3.37 million

On May 20th, per LookOnChain’s monitoring, two separate wallets simultaneously took 10x long positions on PEPE, totaling $3.37 million.

4 minutes ago

Chinese Elderly Man, 70, in Shanghai Almost Falls Victim to $10,000 Bitcoin Investment Coach Scam

May 20, as reported by Xinmin Evening News, a 70-something man in Chongming, Shanghai, China, nearly became a victim of an online "investment guru" pushing Bitcoin investments that promised massive returns. The man visited his local bank twice in a row to withdraw 100,000 yuan in cash to send to the scammer, but police and bank staff worked together to successfully talk him out of the plan. Law enforcement officials are warning that investment scams targeting older adults—including Bitcoin schemes and fraudulent "retirement financial planning" offers—are highly prevalent. Scammers often pose as financial experts on short video platforms, using fake profit screenshots and lines like "small investment, big returns, zero risk" to trick people into transferring money. For anyone making large financial transactions, police advise confirming details with family members first, and reporting any suspicious activity to authorities immediately.

4 minutes ago

Negotiations have broken down again, and Samsung Electronics will proceed with the planned strike starting tomorrow.

May 20 – South Korea’s Samsung Electronics announced Wednesday that wage negotiation talks have once again collapsed, meaning the planned strike will go ahead as scheduled starting tomorrow, Thursday. Per Yonhap News Agency and a union statement, the Samsung Electronics South Korea union has confirmed the strike will take place on Thursday as planned after official mediation discussions between the union and management came to an end. The union said negotiations broke down because of management’s delay in making a decision, noting in a statement that it had accepted the mediator’s proposal – which management did not respond to promptly. Both the union and management have separately acknowledged that talks are over. Even as the strike unfolds, both sides say they will continue efforts to resolve the issues through negotiations. Analyst Eamonn Sheridan pointed out that the market will closely watch which Samsung factories and production lines are affected and how long the strike is exp

4 minutes ago