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Category: finance
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.
The advisory comes at a time when the government is trying to boost consumption and encourage people to spend. In its effort to prop up spending by the middle class, the government has provided relief on the income tax front earlier this year in Budget 2025-26.
XRPs ETF optimism grows, but weak on-chain metrics and declining Open Interest raise sustainability concerns.
Snapback sanctions could collapse the Iranian economy as the Islamic Republic scrambles to rebuild its nuclear facilities.
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:.
In a shocking case of financial fraud, two construction businessmen have been duped of a total of Rs 1.85 crore by fraudsters under the pretext of arranging Rs 50 crore loans for their businesses. The Vinoba Bhave Nagar police have registered two separate cases and initiated a detailed investigation into the matter.
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.
On the Multi Commodity Exchange (MCX), gold futures for October delivery dropped Rs 408 or 0.36 per cent, to Rs 1,13,428 per 10 grams as traders pared their holdings after the metal scaled an all-time high of Rs 1,14,179 per 10 grams on Tuesday.
Tata Capital, the financial services arm of Tata Group, is gearing up for a major initial public offering (IPO) in early October.