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YFI Gains 1.15% as Market Levels Off Following Month-Long Decline

YFI Gains 1.15% as Market Levels Off Following Month-Long Decline

Bitget-RWA2025/11/29 05:14
By:Bitget-RWA

- YFI 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. - Evercore ISI cut Gemini Space Station's price target to $15 from $30 due to crypto market pressur

YFI Token Shows Modest Gains Amid Ongoing Downtrend

As of November 29, 2025, YFI experienced a 1.15% increase over the previous 24 hours, reaching a value of $4,224. Over the last seven days, the token edged up by 0.33%. However, it has seen a 10.77% decline in the past month and a significant 47.45% drop over the past year. While recent short-term gains suggest some stabilization, the overall trend for YFI remains negative in the longer term.

Leadership Changes at Spirit Blockchain Capital

Spirit Blockchain Capital Inc. (CSE: SPIR) has released its interim financial results for the periods ending September 30, 2025, fulfilling its reporting requirements on the Canadian Securities Exchange.

The company also announced that CEO Lewis Bateman will temporarily assume the role of Chief Financial Officer after Inder Saini’s departure. Spirit Blockchain Capital is currently seeking a permanent replacement for the CFO position.

Spirit Blockchain Capital’s Business Focus

Spirit Blockchain Capital Operations

Specializing in blockchain-based financial infrastructure, Spirit Blockchain Capital develops tokenization platforms and supports regulated digital assets. The company primarily generates revenue through technology licensing and digital asset services, with a focus on the European market. Unlike traditional investment firms, Spirit positions itself as a technology innovator.

Recent financial disclosures and executive changes reflect the company’s ongoing evolution and strategic direction in the digital asset industry. The ability to secure strong financial leadership will be crucial for its continued growth and success.

Bitget Provides Aid to Hong Kong Fire Survivors

In other news, Bitget has pledged HKD 12 million to assist families impacted by the Wang Fuk Court Tower fire in Hong Kong. The relief funds will be distributed through three local organizations, including Yan Chai Hospital and The Salvation Army Hong Kong.

This donation will help provide urgent medical assistance, temporary accommodation, and psychological support for those affected. The full amount was delivered at the time of the announcement, highlighting Bitget’s dedication to supporting communities in times of crisis. The incident has also prompted investigations into local building safety and renovation standards.

Evercore ISI Lowers Gemini Space Station Price Target

Evercore ISI has reduced its price target for Gemini Space Station (NASDAQ: GEMI) from $30 to $15, citing ongoing challenges in the cryptocurrency market and financial headwinds. The firm pointed to weak profit margins and a difficult trading environment, with GEMI shares down 76.5% from their 52-week peak.

Despite the lowered target, Evercore continues to rate the stock as Outperform, emphasizing its long-term prospects. The revised outlook is attributed to broader industry valuation declines and changing market conditions.

Skyrizi from AbbVie Receives Positive Review for Ulcerative Colitis

AbbVie has announced that its medication Skyrizi has been recommended for reimbursement in Canada for treating ulcerative colitis. This follows successful negotiations with the pan-Canadian Pharmaceutical Alliance and includes specific criteria for patient eligibility.

This is the second favorable recommendation for Skyrizi in the field of inflammatory bowel disease, following its earlier approval for Crohn’s disease. The decision is backed by clinical research and feedback from Canadian healthcare professionals and patient groups.

Summary

This update covers the latest news impacting the YFI token and related organizations, including company developments, market movements, and charitable efforts. Investors and market watchers should stay informed about these events, as they may influence YFI’s future price trends.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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