Thursday, October 16, 2025
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PiDaoSwap, Trump Media, & Grayscale


A number of large tales and developments have occurred within the crypto area this week, together with improvements within the Pi Community ecosystem, Grayscale updating its record 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 alternate (DEX) is designed to counter worth manipulation.

PiDaoSwap goals to stabilize Pi Coin’s worth and improve belief inside its ecosystem by guaranteeing truthful buying and selling mechanisms.

As soon as accomplished, the Pi worth can be mirrored at its true worth and can not be manipulated by present exterior exchanges,” Pi Community VietNames claimed.

One other optimistic growth within the Pi Community ecosystem this week is the integration with Telegram’s crypto pockets. This transfer may present entry to as much as one billion customers and increase the controversial venture’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 beneath scrutiny on account of issues about its centralization, significantly its SuperNodes.

Critics argue {that a} closely centralized community undermines the core ideas of blockchain know-how. Including to the talk, analysts have identified that Pi Community’s absence from main 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) primarily based on Cronos, Bitcoin, and different property. 

The report impressed an almost 20% surge within the Cronos (CRO) token, the powering token for the Crypto.com ecosystem. This collaboration added to the record of notable shifts as Trump’s media enterprise embraces cryptocurrency.

Nevertheless, blockchain investigator ZachXBT raised issues about Crypto.com’s token manipulation practices, souring sentiment for this partnership. Citing its re-issuance, the blockchain sleuth advised the alternate might interact in opaque monetary maneuvers.

Regardless of these issues, Crypto.com emerged unscathed because the US SEC (Securities and Change 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 grew to become 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.

Cronos (CRO) Price Performance
Cronos (CRO) Value Efficiency. Supply: BeInCrypto

BeInCrypto information reveals 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 instant aftermath of this announcement, the corporate’s inventory costs jumped 12% earlier than revenue reserving set in.

Whereas this might have been a bullish catalyst, Bitcoin’s worth remained largely unmoved. Analysts counsel the announcement lacked essential particulars to set off pleasure and provoke a major 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, can be allotted to BTC,” Mati Greenspan, Founder and CEO of Quantum Economics, informed BeInCrypto. 

Additional, the value influence for BTC was muted, provided that Bitcoin funds have gotten extra widespread amongst retailers.

Grayscale Updates Funding Checklist

Including to the record of what occurred this week in crypto, Grayscale up to date its record 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 high 20 crypto investments.

“…We imagine the revised High 20 record might provide extra compelling risk-adjusted returns for the approaching quarter​‍‌‌‍‍​​​​​​​‌‍​‍​‍‌‍‌​‍‌‍‍‌‌‍‌‌‍‍‌‌‍‍​‍​‍​‍‍​‍​‍‌​‌‍​‌‌‍‍‌‍‍‌‌‌​‌‍‌​‍‍‌‍‍‌‌‍​‍​‍​‍​​‍​‍‌‍‍​‌​‍‌‍‌‌‌‍‌‍​‍​‍​‍‍​‍​‍‌‍‍​‌‌​‌‌​‌​​‌​​‍‍​‍​‍‌​‌‌​‌‌‌‌‍‌​‌‍‍‌‌‍​‍‍‌‍‌‌​‍‌‍​‌‌‍‌‌​‌‍​‌‍​‌‌‍​‌‍‌‌​‍‍‌‍​‌‍‌‍‌​‍‌‍‍‌‌‍‍‌‌​‌‍‌‌‌‍‍‌‌​​‍‌‍‌‌‌‍‌​‌‍‍‌‌‌​​‍‌‍‌‌‍‌‍‌​‌‍‌‌​‌‌​​‌​‍‌‍‌‌‌​‌‍‌‌‌‍‍‌‌​‌‍​‌‌‌​‌‍‍‌‌‍‌‍‍​‍‌‍‍‌‌‍‌​​‌​‍​​‌​‌‍​​​‌​‌​​​​‍‌​‌​‍‌​‌‌​‌​‌‍‌‌​​‍​‍‌​‌​‌‍‌‌​​‌‍‌​​‍‌​‍‌​​​​‌​​‍​‍‌​‌‌‍​‌‌‍‌‍​‌​​​‌‍​‍​‌‌​‌​​​​​‌​​‌‍‌‌​‍‌‌​‌‍‌‌​​‌‍‌‌​‌‌‍​‌‌​‍‌‌​‌‍‍‌‌‍​‌‍​‌‍‌‌​‍‌​​‌‍​‌‌‌​‌‍‍​​‌‌‍​‌‌​‍‌‌​‌‍‍‌‌‍​‌‍​‌‍‌‌‌​​‍‌‍‌‍‌​‌‍‌​‍‌‌​‌‌‌​​‍‌‌‌‍‍‌‍‌‌‌‍‌​‍‌‌​​‌​‌​​‍‌‌​​‌​‌​​‍‌‌​​‍​​‍​​​​‌‍​‌‌‍​‍​‌‌‌‍​‍‌‍​‍​‌​​‌​​​​‍‌‌‍‌​​‍‌‌​​‍​​‍​‍‌‌​‌‌‌​‌​​‍‍‌‍​‌‍‍​‌‍‍‌‌‍​‌‍‌​‌​‍‌‍‌‌‌‍‍​‍‌‌​‌‌‌​​‍‌‌‌‍‍‌‍‌‌‌‍‌​‍‌‌​​‌​‌​​‍‌‌​​‌​‌​​‍‌‌​​‍​​‍‌‍‌‍‌‍​‍​​​​‍‌‍‌‍​​‍​‌‍‌‍‌‌​‌‌‍‌‍‌‍​‍​​‌​‍‌‌​​‍​​‍​‍‌‌​‌‌‌​‌​​‍‍‌‌​‌‍‌‌‌‍​‌‌​​‌‍​‍‌‍​‌‌​‌‍‌‌‌‌‌‌‌​‍‌‍​​‌‌‍‍​‌‌​‌‌​‌​​‌​​‍‌‌​​‌​​‌​‍‌‌​​‍‌​‌‍​‍‌‌​​‍‌​‌‍‌​‌‌​‌‌‌‌‍‌​‌‍‍‌‌‍​‍‍‌‍‌‌​‍‌‍​‌‌‍‌‌​‌‍​‌‍​‌‌‍​‌‍‌‌​‍‍‌‍​‌‍‌‍‌​‍‌‍‌‍‍‌‌‍‌​​‌​‍​​‌​‌‍​​​‌​‌​​​​‍‌​‌​‍‌​‌‌​‌​‌‍‌‌​​‍​‍‌​‌​‌‍‌‌​​‌‍‌​​‍‌​‍‌​​​​‌​​‍​‍‌​‌‌‍​‌‌‍‌‍​‌​​​‌‍​‍​‌‌​‌​​​​​‌​​‌‍‌‌​‍‌‍‌‌​‌‍‌‌​​‌‍‌‌​‌‌‍​‌‌​‍‌‌​‌‍‍‌‌‍​‌‍​‌‍‌‌​‍‌‍‌​​‌‍​‌‌‌​‌‍‍​​‌‌‍​‌‌​‍‌‌​‌‍‍‌‌‍​‌‍​‌‍‌‌‌​​‍‌‍‌‍‌​‌‍‌​‍‌‌​‌‌‌​​‍‌‌‌‍‍‌‍‌‌‌‍‌​‍‌‌​​‌​‌​​‍‌‌​​‌​‌​​‍‌‌​​‍​​‍​​​​‌‍​‌‌‍​‍​‌‌‌‍​‍‌‍​‍​‌​​‌​​​​‍‌‌‍‌​​‍‌‌​​‍​​‍​‍‌‌​‌‌‌​‌​​‍‍‌‍​‌‍‍​‌‍‍‌‌‍​‌‍‌​‌​‍‌‍‌‌‌‍‍​‍‌‌​‌‌‌​​‍‌‌‌‍‍‌‍‌‌‌‍‌​‍‌‌​​‌​‌​​‍‌‌​​‌​‌​​‍‌‌​​‍​​‍‌‍‌‍‌‍​‍​​​​‍‌‍‌‍​​‍​‌‍‌‍‌‌​‌‌‍‌‍‌‍​‍​​‌​‍‌‌​​‍​​‍​‍‌‌​‌‌‌​‌​​‍‍‌‌​‌‍‌‌‌‍​‌‌​​‍‌‍‌​​‌‍‌‌‌​‍‌​‌​​‌‍‌‌‌‍​‌‌​‌‍‍‌‌‌‍‌‍‌‌​‌‌​​‌‌‌‌‍​‍‌‍​‌‍‍‌‌​‌‍‍​,” the agency defined.

This transfer displays the corporate’s ongoing technique to diversify its holdings and determine rising digital property with robust progress potential. On the similar time, it truncated three altcoins from the identical list- Akash Community (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 development by itemizing 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 might 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 customers problem the itemizing requirements of centralized exchanges (CEXs).

Disclaimer

In adherence to the Belief Mission tips, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed data. Nevertheless, readers are suggested to confirm info independently and seek the advice of with knowledgeable earlier than making any selections primarily based on this content material. Please observe that our Phrases and SituationsPrivateness Coverage, and Disclaimers have been up to date.

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