The post Ether. fi Foundation Executes $7. 1M ETHFI Buyback, Fueling DeFi Scarcity Debate appeared com. Key Points: Ether. fi buys 127, 000 ETHFI tokens with protocol revenue of 51 ETH. Weekly buybacks exceed $7. 1M in total purchases. Market eyes scarcity potential in DeFi-focused governance tokens. The ether. fi Foundation utilized 51 ETH, equivalent to approximately $205,000, for repurchasing 127, 000 ETHFI tokens in late September 2025, increasing the total buyback to over $7. 1 million. This buyback strategy highlights ether. fis commitment to reducing supply and enhancing token value, sparking increased interest in ETHFI and sETHFI among DeFi stakeholders. Ether. fis $7. 1M ETHFI Buyback Strategy Unveiled Ether. fi Foundation completed a buyback of 127, 000 ETHFI tokens this week, investing approximately $205,000 from its protocol revenue. This action marks part of a strategic buyback initiative, having accumulated over $7. 1 million in total ETHFI repurchases. CEO Mike Silagadze plays a leading role in executing these strategic measures, constantly updating developments on X (Twitter). The buyback is expected to enforce positive buy pressure on ETHFI, reducing its circulating supply significantly. By prudently allocating protocol revenue to these repurchases, ether. fi aims to amplify token value, rendering its governance more appealing to stakeholders. Market observers note parallels to successful buyback models in DeFi, noting Silagadzes speculative public remarks on X regarding potential scarcity impact. Ethereums Price Amid Market Volatility: Key Analysis Did you know? Historical buybacks often attempt to recreate bitcoin halving-like scarcity by reducing supply, enhancing price stability and increasing value for token holders. Ethereums current price is $4,000. 42, falling by 1. 07% over the last day. Per CoinMarketCap, its market cap stands at $482. 86 billion with a dominance of 12. 81%. Trading volume hit $25. 25 billion, reflecting a sharp decline of 53. 82%. Meanwhile, its 90-day gain is notable at 64. 08%. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 17: 55.
Category: cryptocurrency
The post $300B Wiped From Crypto Markets in Days as BTC Tanks Below $110K After Powell Speech: Your Weekly Recap appeared com. It wasnt a particularly good week for bitcoin and the broader crypto market, as almost all charts are deep in the red on a 7-day scale. It all started at the end of the previous business week after BTC had jumped to $118,000 on Thursday morning following the Feds expected rate cut. However, the assets rally ran its course prematurely, and it started to lose value gradually, dropping to $116,000 by Friday. The weekend went as anticipated, little to no action, but then came the familiar Monday drop. Bitcoin went from just over $115,500 to $112,000, wiping out billions of dollars worth of leveraged positions. The bulls tried to halt the freefall, but their best effort took BTC to $114,000 briefly on Tuesday. The bears quickly reemerged and initiated another couple of consecutive leg downs. The culmination took place earlier on Friday when BTC plunged to $108,600. This became its lowest price tag since the start of the month. Perhaps the most evident reason behind this collapse is the latest comments coming from US Fed Chair Jerome Powell. The head of the central bank sent some mixed signals regarding the inflation levels, which were interpreted as a warning sign for riskier assets like crypto. Although BTC has recovered some ground since its local low, its still beneath $110, 000 as of press time. Its 6. 2% weekly decline, though, seems negligible compared to massive double-digit price drops from the likes of ETH, DOGE, SOL, ADA, LINK, AVAX, and especially HYPE, which is down by over 25% following the rise of a new competitor. But more on that later. These price collapses are best highlighted by the total market caps plunge, which went from over $4. 150 trillion at this time last Friday to under $3. 850 trillion as of now. Market Data Weekly Market.
XRPs ETF optimism grows, but weak on-chain metrics and declining Open Interest raise sustainability concerns.
The post BTC Plunges Below $10. 9K in ‘Waterfall’ Drop Crypto Market Cap Falls to $3. 82T as Trump Announces New Tariffs appeared com. The cryptocurrency market experienced a pronounced waterfall decline on September 26, with BTC briefly falling below $10. 9K, reflecting a >4% 24hour loss and contributing to a slide in total market cap to approximately $3. 823 trillion (down >4. 5% in 24 hours). Sevenday metrics show downside momentum, with BTC off about 6. 32%, ETH declining over 14%, and the TOTAL3 index (exBTC/ETH) down roughly 9. 30%. On the macro front, reports indicate the administration announced a package of tariffs including measures on heavyduty trucks, furniture, cabinets and pharmaceutical imports set to take effect October 1. Traders and risk managers should monitor liquidity and volatility as markets digest these developments and adjust positioning accordingly. ‘, ‘ Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document. getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage. getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math. floor(Math. random * adscodesBinance. length) : sessperindex; adplace. innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance. length 1 ? 0 : adsindex + 1; sessionStorage. setItem(“adsindexBinance”, sessperindex); } }); Source:.
The post FT: Circles Push for Reversible Transactions Rattles Crypto Purists appeared com. Circles proposal to enable reversible stablecoin transactions has triggered backlash, as critics argue it undermines blockchains foundational principle of immutability. The Push for Reversible Transactions Stablecoin issuer, Circle, has ignited controversy with its proposal to introduce reversible transactionsa concept that challenges one of the core tenets of blockchain technology: immutability. Circle president Heath Tarbert suggested [.] Source:.
Speaking at Korea Blockchain Week 2025, he argued that the true prize isn’t crypto’s $4 trillion market cap but the [.] The post Ethereum Treasuries Seen as Gateway for Traditional Assets, Says SharpLink appeared first on Coindoo.
The post Tim Draper Projects Bitcoin and Blockchain to Lead Next Era of Global Finance appeared com. Bitcoin is barreling toward global financial dominance as blockchain becomes vital to national defense, with Tim Draper warning governments to act fast or fall behind. Tim Draper: Bitcoin and Blockchain Will Define Future of Money and National Stability The convergence of cryptocurrency, national security, and law enforcement has emerged as a pressing topic as governments [.] Source:.