YFI Rises 1.15% as Market Prices Stabilize Amid 1-Month Drop

Generated by AI AgentCryptoPulse AlertReviewed byAInvest News Editorial Team
Saturday, Nov 29, 2025 12:08 am ET2min read
Aime RobotAime Summary

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rose 1.15% in 24 hours to $4224, showing short-term stabilization amid 10.77% monthly and 47.45% annual declines.

- Spirit Blockchain Capital appointed Lewis Bateman as interim CFO after Inder Saini's departure, focusing on blockchain financial infrastructure and tech licensing.

- Bitget donated $12M HKD for Hong Kong fire victims, while GeeFi's GEE Token presale hit 80% completion with 700+ investors.

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ISI cut Gemini Space Station's price target to $15 from $30 due to crypto market pressures, while AbbVie's Skyrizi received Canada's reimbursement recommendation for ulcerative colitis.

On NOV 29 2025,

rose by 1.15% within 24 hours to reach $4224. Over the past week, the token gained 0.33%, but over the last month it dropped by 10.77% and declined by 47.45% over the last year. The 24-hour and weekly gains suggest a short-term stabilization, though long-term bearish trends remain intact.

Spirit Blockchain Capital Announces CFO Transition

Spirit Blockchain Capital Inc. (CSE: SPIR) has filed its interim financial statements for the three and nine months ended September 30, 2025. The filings are in line with its continuous disclosure obligations on the Canadian Securities Exchange.

The company also announced the appointment of Lewis Bateman, its Chief Executive Officer, as Interim Chief Financial Officer following the departure of Inder Saini from the role. Spirit is actively searching for a permanent CFO replacement.

Overview of Spirit Blockchain Capital’s Operations

Spirit Blockchain Capital is focused on blockchain-based financial infrastructure, including tokenization platforms and support for regulated digital assets. The company aims to generate revenue through technology licensing and digital-asset services, primarily in Europe. It distinguishes itself as a technology-driven firm rather than an investment vehicle.

The company’s recent filing and leadership changes highlight its ongoing development and strategic positioning in the digital asset sector. As it continues to evolve, the company’s ability to attract and retain financial leadership will be a key factor in its future performance.

Bitget Contributes Relief Funds for Hong Kong Fire Victims

In a separate development, Bitget has announced a $12 million HKD donation to support families affected by the Wang Fuk Court Tower fire in Hong Kong. The relief fund will be distributed through three local charities, including Yan Chai Hospital and The Salvation Army Hong Kong.

This contribution supports emergency medical care, temporary housing, and psychological counseling for victims. The donation, fully executed at the time of the announcement, underscores the company's commitment to community support and crisis response. The incident has also triggered investigations into building safety and renovation practices in the area.

GeeFi Token Presale Surpasses 80% Completion

GeeFi has reported that its GEE Token presale has surpassed 80% of its first phase, attracting over 700 investors. The project is developing the GeeFi Wallet, a non-custodial crypto management platform supporting transactions across 14 blockchains. The wallet is currently available on Android, with iOS version in development.

The project positions itself as a real-world utility-driven alternative to speculative crypto assets, with the presale offering early access to what it claims is a platform designed for everyday crypto use.

Evercore ISI Cuts Gemini Space Station Price Target

Evercore ISI has lowered its price target for Gemini Space Station (NASDAQ:GEMI) from $30 to $15, citing crypto market headwinds and financial pressures. The firm notes weak gross profit margins and a challenging trading environment, with GEMI down 76.5% from its 52-week high.

Despite the price cut, Evercore maintains an Outperform rating, noting long-term potential. The firm cited industry-wide valuation compression and shifting market dynamics as key factors in its revised outlook.

AbbVie’s Skyrizi Receives Positive Reimbursement Recommendation

AbbVie announced that its drug Skyrizi has received a positive reimbursement recommendation for the treatment of ulcerative colitis in Canada. The recommendation follows successful negotiations with the pan-Canadian Pharmaceutical Alliance and includes conditions for patient eligibility.

This marks the second positive recommendation for Skyrizi in inflammatory bowel diseases, following its approval for Crohn’s disease. The decision is supported by clinical trial data and input from Canadian clinicians and patient advocacy groups.

This report compiles the latest developments affecting the YFI token and related entities, including corporate updates, market reactions, and charitable initiatives. Market participants are advised to monitor these developments for potential impacts on YFI's price trajectory.

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