A number of massive tales and developments have occurred within the crypto area this week, together with improvements within the Pi Community ecosystem, Grayscale updating its checklist of investible altcoins, and Donald Trump’s crypto play.
In case you missed these developments, amongst others, the next is a roundup of what occurred in crypto this week.
Pi Community Introduces PiDaoSwap
Pi Community took a key step in decentralized finance (DeFi) this week, revealing the event of PiDaoSwap. This community-driven decentralized exchange (DEX) is designed to counter worth manipulation.
PiDaoSwap aims to stabilize Pi Coin’s value and improve belief inside its ecosystem by making certain truthful buying and selling mechanisms.
“As soon as accomplished, the Pi worth will likely be mirrored at its true worth and can not be manipulated by present exterior exchanges,” Pi Community VietNames claimed.
One other constructive improvement within the Pi Community ecosystem this week is the integration with Telegram’s crypto wallet. This transfer may present entry to as much as one billion customers and develop the controversial project’s mainstream adoption.
Whereas this transfer displays Pi Community’s rising affect, questions round decentralization and alternate listings proceed to loom massive. Particularly, the Pi Community stays underneath scrutiny as a result of concerns about its centralization, notably its SuperNodes.
Critics argue {that a} closely centralized community undermines the core ideas of blockchain expertise. Including to the controversy, analysts have identified that Pi Network’s absence from major exchanges like Binance and Coinbase stems from issues over its operational transparency.
One other scorching headline this week in crypto was Trump Media’s announcement of a partnership with Crypto.com. The collaboration lays the groundwork for launching new ETFs (exchange-traded funds) based mostly on Cronos, Bitcoin, and different property.
The report impressed a virtually 20% surge within the Cronos (CRO) token, the powering token for the Crypto.com ecosystem. This collaboration added to the checklist of notable shifts as Trump’s media enterprise embraces cryptocurrency.
Nevertheless, blockchain investigator ZachXBT raised concerns about Crypto.com’s token manipulation practices, souring sentiment for this partnership. Citing its re-issuance, the blockchain sleuth recommended the alternate could have interaction in opaque monetary maneuvers.
Regardless of these issues, Crypto.com emerged unscathed because the US SEC (Securities and Alternate Fee) concluded its investigation with out submitting any expenses.
“The SEC’s investigation into Crypto.com has been closed with no motion being taken in opposition to Crypto.com. I proceed to be pleased with how this trade and its neighborhood have weathered storm after storm… The truth that we not solely persevered however turned stronger is a testomony to our imaginative and prescient and the neighborhood supporting it,” wrote Kris Marszalek, CEO of Crypto.com.
The announcement led to a notable leap in CRO’s worth, reaffirming investor confidence within the alternate regardless of earlier regulatory scrutiny.
BeInCrypto data shows CRO was buying and selling for $0.11 as of this writing, up by over 4% within the final 24 hours.
GameStop’s Bitcoin Announcement
GameStop, the once-legendary meme inventory, additionally made headlines this week in crypto. It introduced an replace to its funding coverage, revealing that it had added Bitcoin as a Treasury Reserve Asset. Within the fast aftermath of this announcement, the corporate’s stock prices jumped 12% earlier than revenue reserving set in.
Whereas this might have been a bullish catalyst, Bitcoin’s worth remained largely unmoved. Analysts recommend the announcement lacked essential particulars to set off pleasure and provoke a big market response.
“The announcement lacked key particulars —most significantly, how a lot Bitcoin they’re really shopping for. Whereas they’re sitting on about $4.8 billion in money, we’ve seen no indication of what portion, if any, will likely be allotted to BTC,” Mati Greenspan, Founder and CEO of Quantum Economics, informed BeInCrypto.
Additional, the worth impression for BTC was muted, provided that Bitcoin funds have gotten extra widespread amongst retailers.
Grayscale Updates Funding Listing
Including to the checklist of what occurred this week in crypto, Grayscale up to date its checklist of investable altcoins for Q2 2025. The institutional crypto asset supervisor added three new tokens, Maple Finance (SYRUP), Geodnet (GEOD), and Story Protocol (IP), to its prime 20 crypto investments.
“…We consider the revised Prime 20 checklist could provide extra compelling risk-adjusted returns for the approaching quarter,” the agency explained.
This transfer displays the corporate’s ongoing technique to diversify its holdings and establish rising digital property with robust development potential. On the identical time, it truncated three altcoins from the identical list- Akash Network (AKT), Arweave (AR), and Jupiter (JUP).
Binance Embraces Studio Ghibli Meme Cash Frenzy
Elsewhere, a brand new meme coin craze emerged this week in crypto, drawing inspiration from the beloved Studio Ghibli model. Binance Alpha responded to the pattern by listing two Ghibli-themed tokens, Ghiblification and GhibliCZ.
These tokens have gained speedy traction as a part of a broader wave of AI and pop culture-driven crypto hypothesis. The Ghibli meme coin phenomenon follows a sample in earlier meme-inspired tokens, the place hype and social media engagement drive worth motion greater than precise utility.
Whereas some merchants see alternatives for fast positive aspects, others warning in opposition to speculative bubbles that would result in speedy market corrections. Nonetheless, Binance’s involvement displays how main exchanges capitalize on trending narratives to draw buying and selling quantity.
This technique, which continues to form the DeFi area, has additionally drawn criticism as users challenge the listing standards of centralized exchanges (CEXs).
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