Several major developments took place in the cryptocurrency market this week, including innovations in the Pi Network ecosystem, Grayscale's updated investment list, and Donald Trump's increasing involvement in digital assets. Here’s a breakdown of the key events.


Pi Network Introduces PiDaoSwap


Pi Network took a significant step in decentralized finance (DeFi) by launching PiDaoSwap, a decentralized exchange (DEX) aimed at preventing price manipulation. This initiative seeks to stabilize Pi Coin’s value and build investor confidence by ensuring fair trading mechanisms.


“Once fully developed, Pi’s price will reflect its true value and will no longer be manipulated by external exchanges,” stated Pi Network Vietnam.


However, concerns about Pi Network’s centralization remain. Critics argue that its reliance on SuperNodes contradicts the core principles of blockchain decentralization. Additionally, Pi Network’s absence from major exchanges like Binance and Coinbase raises transparency concerns.


Trump Media Partners with Crypto.com


Another significant headline this week was Trump Media's partnership with Crypto.com to launch exchange-traded funds (ETFs) focused on Cronos (CRO), Bitcoin, and other assets. This announcement led to an approximate 20% surge in the Cronos (CROUSD) token.


However, blockchain investigator ZachXBT raised concerns about potential token manipulation at Crypto.com, suggesting financial opacity. Despite this, the U.S. Securities and Exchange Commission (SEC) concluded its investigation without filing charges.


“The SEC investigation into Crypto.com was closed with no action taken against the company,” stated Crypto.com CEO Kris Marszalek, reinforcing investor confidence despite previous scrutiny.


Cronos (CRO) Price Performance


According to market data, CRO was trading at $0.11 at the time of writing, reflecting a 4% increase over the past 24 hours, driven by renewed investor optimism.


GameStop’s Bitcoin Announcement


GameStop, the former meme-stock sensation, made headlines by revealing Bitcoin as a treasury reserve asset. Following the announcement, its stock price spiked by 12% before profit-taking ensued.


Despite the buzz, Bitcoin’s price remained relatively stable, as analysts pointed out the lack of concrete details regarding the company’s Bitcoin holdings.


“The announcement lacked key details—most importantly, how much Bitcoin they are actually buying. With approximately $4.8 billion in cash reserves, it remains unclear what portion, if any, will be allocated to BTC,” said Mati Greenspan, CEO of Quantum Economics.


Grayscale Updates Investment List


Grayscale revised its Q2 2025 investment list, adding three new altcoins: Maple Finance (SYRUP), GeodNet (GEOD), and Story Protocol (IP). Simultaneously, it removed Akash Network (AKT), Arweave (AR), and Jupiter (JUP) from its portfolio.


Grayscale believes these adjustments will enhance risk-adjusted returns for institutional investors.


Binance Embraces Ghibli-Inspired Meme Coins


The crypto world saw a new wave of meme coin frenzy this week, inspired by the branding of Studio Ghibli. Binance Alpha responded by listing Ghiblification and GhibliCZ tokens, which gained rapid momentum as part of a broader trend of AI-driven and pop culture-themed cryptocurrencies.


While some traders see an opportunity for quick gains, others warn of speculative bubbles that could lead to rapid market corrections. Nonetheless, Binance's involvement highlights how major exchanges capitalize on trending narratives to drive trading volume.


Market Analysis and Future Outlook


Regulatory Challenges: The SEC’s closure of the Crypto.com investigation without charges signals a more balanced regulatory approach, though scrutiny of centralized exchanges remains high.

- Bitcoin’s Stability: Despite institutional adoption, Bitcoin’s price movement was muted, suggesting the market is seeking stronger catalysts.

- Altcoin Speculation:Grayscale’s reallocation and Binance’s meme coin listings indicate continued interest in high-risk, high-reward assets.



This week’s developments highlight the growing intersection of politics, media, and cryptocurrency.