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Barclays Plans 5,000 Job Cuts by 2026 in AI Effectivity Drive Regardless of £2.3B Revenue and £500M Share Buyback

Barclays Plans 5,000 Job Cuts by 2026 in AI Effectivity Drive Regardless of £2.3B...

Barclays plans to cut approximately 5,000 jobs by the end of 2026 as the British banking group expands its use of artificial intelligence (AI) to reduce costs and improve operational efficiency. The planned reductions represent around 5% of Barclays’ global workforce, despite the bank reporting higher quarterly profits and announcing a £500 million share buyback.…
Tether Invests In Bolivian Fintech Peso To Increase USDT Funds

Tether Invests In Bolivian Fintech Peso To Increase USDT Funds

TL;DR: Tether says it led Peso’s pre-seed round to expand USDT payment infrastructure in Latin America. The announcement emphasizes local bank connections and merchant payments, without disclosing the investment amount. Tether’s latest investment is aimed at the point where a dollar token becomes useful for buying lunch, paying a merchant or moving money into a…
Solana Prompts Alpenglow As Anza Targets Millisecond Finality

Solana Prompts Alpenglow As Anza Targets Millisecond Finality

TL;DR: Anza says Alpenglow activated on Solana mainnet-beta on October 21. The consensus change targets roughly 150-millisecond finality; further networking and post-quantum improvements remain planned work. Solana has replaced the consensus protocol it used from launch, bringing a long-discussed change in transaction finality onto the live network. Core engineering firm Anza announced the Alpenglow activation…
Bitcoin Faces $85,000–$87,500 Provide Take a look at After $80,000 Rebound

Bitcoin Faces $85,000–$87,500 Provide Take a look at After $80,000 Rebound

TL;DR: Glassnode’s October 21 report identifies an overhead Bitcoin supply zone around $85,000–$87,500 after bids returned near $80,000. Its levels describe a market structure, not a guaranteed price path. Bitcoin’s rebound has brought it back toward a cluster of holders, sell orders and leveraged positions that could make the next leg harder to sustain. In…
Ethereum ETFs Break 5-Day Outflow Run With $14.9 Million Inflows

Ethereum ETFs Break 5-Day Outflow Run With $14.9 Million Inflows

TL;DR: Ethereum ETFs returned to net inflows on October 21 after five negative sessions. The $14.9 million gain was modest, with Grayscale and Fidelity offsetting continued withdrawals from BlackRock’s ETHA. The losing streak ended. The recovery in Ethereum fund demand was considerably less decisive. US spot Ether ETFs recorded $14.9 million in net inflows on…