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Samsung Electronics is hiring developers in New York responsible for Samsung Wallet’s payment business.

1 hours ago

Samsung Electronics America has officially listed "stablecoins" in the payment partnership segment of Samsung Wallet and is recruiting relevant business development staff. According to a job posting released by Samsung Electronics America on September 18, the company is hiring a Senior Manager for Samsung Wallet payment business development in New York. The role will be responsible for Samsung Wallet’s vision, strategy and execution, Samsung noted. Notably, in the payment partnership responsibilities, the company explicitly listed issuers, payments, fintech, as well as "stablecoins" and buy now, pay later (BNPL) services. Specifically, the position will oversee business development and marketing strategies for Samsung Wallet’s payment partnerships, and manage existing collaborations. It will also negotiate and sign agreements with partners on commercial terms, data usage and product requirements, collaborate with product teams and other departments to roll out new features, and coordinate marketing, analytics and legal teams to develop product launch plans. Earlier this year, Samsung Electronics announced plans to support stablecoins in Samsung Wallet at the July Galaxy Unpacked event. The event content published by Samsung Business Insights explicitly stated that Samsung Wallet will support stablecoins in the future. At that time, Samsung also announced it would launch the "Galaxy Card" in the U.S. in partnership with Barclays and Visa.

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The Big Short Michael Burry’s full portfolio: heavily long consumer and healthcare stocks, shorting AI infrastructure.

The real-life inspiration for *The Big Short*, Michael Burry, disclosed his full long positions include stocks such as Lululemon, MercadoLibre, Molina Healthcare, and Temple & Webster. Lululemon accounts for 17.4% of his portfolio, while MercadoLibre makes up 12%. Burry also holds stakes in Zoetis, Adobe, PayPal, and JD.com. His short portfolio constitutes over 21% of his total holdings, primarily consisting of AI and semiconductor-related assets including Oracle, Palantir, Nebius, NVIDIA, SOXX, Micron, and CoreWeave. Additionally, he retains call options on NVIDIA expiring in December 2026, as well as put options on Palantir and QQQ for hedging purposes. Furthermore, Burry has liquidated his positions in Flutter, his short Tesla position, short Applied Materials, and some put options on NVIDIA and Palantir. The proceeds from his Flutter stake have been reallocated to Lululemon. Overall, his current portfolio leans on value stocks in the consumer and healthcare sectors for long positions, while reducing risk via short positions in AI infrastructure-related assets. He has stated he is willing to hold cash to await market developments this fall.

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Galaxy's Head of Research: Bitcoin Rises Above 50-Week Moving Average, May Signal Bottom Confirmation

Alex Thorn, head of research at Galaxy, noted in a post that Bitcoin (BTC) is currently trading strongly, with its price above the 50-week moving average. Historically, a breakout above the 50-week moving average has served as a key level confirming the formation of a bear market bottom. If the weekly line closes above the 50-week moving average this Sunday, this trend will be further confirmed.

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The United States is holding negotiations with the Houthi armed group, which also hopes to reach an agreement.

According to NewsNation, US President Trump said the United States is in negotiations with the Houthi movement, which also hopes to reach an agreement.

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Opinion: Bitcoin is expected to break through quickly if it hits the $83,000 to $86,000 range, forcing short sellers to cover their positions.

Glassnode stated in a post that Bitcoin (BTC) is gradually approaching a thickening liquidation zone, with dense liquidation orders concentrated around the $83,000 to $86,000 range. If the price hits this area, BTC could quickly break through the range as short positions— which have been accumulating for weeks— are forced to close out.

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ETH briefly breaks through $2,600, surging over 5% in 24 hours.

Per HTX market data, ETH briefly broke through $2,600, now trading at $2,596.1, with a 5.11% gain in the past 24 hours.

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Tom Lee: Crypto market still on track to extend gains, failure of CLARITY Act won’t derail it.

Tom Lee, Chairman of Ethereum Treasury Firm Bitmine, stated in an interview that even if the CLARITY Act fails to pass, the crypto market could sustain its upward trend. The actual demand for the crypto sector outweighs any single piece of legislation, Lee emphasized. He pointed out that if the CLARITY Act is enacted, it will establish a clearer regulatory framework for the crypto industry and further clarify the Commodity Futures Trading Commission (CFTC)’s regulatory role; even if the bill does not pass, the CFTC and the U.S. Securities and Exchange Commission (SEC) will remain the primary federal regulators overseeing the sector. Lee cited prediction markets and sports betting markets as examples, noting that these areas have achieved continuous growth amid regulatory uncertainty.

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