This week in the cryptocurrency sector, there were several important stories and developments, including innovations in the Pi Network ecosystem, Grayscale's update to its investable altcoin list, and Donald Trump's cryptocurrency-related movements.

If you missed any developments, check out this summary of what happened in cryptocurrency this week.

Pi Network Introduces PiDaoSwap

Pi Network took an important step in decentralized finance (DeFi) this week. They unveiled the development of PiDaoSwap. This community-driven decentralized exchange (DEX) is designed to prevent price manipulation.

PiDaoSwap aims to stabilize the value of Pi Coin and ensure a fair trading mechanism to strengthen trust within the ecosystem.

"Once completed, the Pi price will be reflected at its real value and will not be manipulated by external exchanges," Pi Network Vietnam claimed.

Another positive development in the Pi Network ecosystem this week is integration with Telegram's cryptocurrency wallet. This move provides an opportunity to reach up to 1 billion users and could expand the mainstream adoption of this controversial project.

While this movement reflects the growing influence of Pi Network, questions about decentralization and exchange listing remain significant. Particularly, Pi Network continues to draw attention due to concerns about centralization, especially regarding supernodes.

Critics argue that an overly centralized network undermines the core principles of blockchain technology. Analysts pointed out that the absence of Pi Network on major exchanges like Binance and Coinbase is due to concerns about operational transparency.

Trump Media Partners with Crypto.com

Another hot headline in cryptocurrency this week was Trump Media's partnership with Crypto.com. This collaboration lays the groundwork for launching a new ETF based on Cronos, Bitcoin, and other assets.

This report drove the price of the Cronos (CRO) token, the momentum token for the Crypto.com ecosystem, up by approximately 20%. This partnership has been added to the list of notable changes as Trump's media venture embraces cryptocurrency.

However, blockchain investigator ZachXBT raised concerns about Crypto.com's token manipulation practices. Citing reissues, the blockchain detective suggested that the exchange might be involved in opaque financial manipulation.

Separately, Crypto.com recently resolved one of its headaches. The U.S. Securities and Exchange Commission (SEC), which had previously raised allegations of securities law violations regarding past token issuance and sales, concluded its investigation without pressing any charges.

"The SEC's investigation into Crypto.com has ended without any action. I continue to be proud of how this industry and its community have weathered the storm... The fact that we not only endured but became stronger is a testament to our vision and the community supporting it," Crypto.com CEO Kris Marszalek wrote.

This announcement reaffirmed investor confidence in the exchange despite previous regulatory investigations and notably boosted the price of CRO.

According to BeInCrypto data, CRO is currently trading at $0.11, rising more than 4% in the past 24 hours.

GameStop Announces "Collecting Bitcoin"

GameStop, once a legendary meme stock, also made headlines in cryptocurrency this week. Updating its investment policy, it announced adding Bitcoin as a treasury reserve asset. Immediately after this announcement, the company's stock price rose 12% before profit-taking began.

While this could have been a catalyst for a rise, Bitcoin's price did not move significantly. Analysts suggest the announcement lacked important details that could generate excitement and market reaction.

"The announcement lacks critical details. Most importantly, how much Bitcoin they will actually purchase. They have about $4.8 billion in cash, but there are no indications of how much will be allocated to Bitcoin." – Marty Greenspan, founder and CEO of Quantum Economics, told BeInCrypto.

Additionally, the price impact of BTC was minimal as Bitcoin payments become more common among retailers.

Grayscale Updates Investment List

Adding to the list of events in cryptocurrency this week, Grayscale updated its investable altcoin list for Q2 2025. The institutional cryptocurrency asset manager added three new tokens, Maple Finance (SYRUP), Geodnet (GEOD), and Story Protocol (IP) to its top 20 cryptocurrency investment list.

"...we believe the revised top 20 list can provide more attractive risk-adjusted returns in the coming quarter," the company explained.

This movement reflects the company's ongoing strategy to diversify its assets and identify emerging digital assets with strong growth potential. At the same time, it deleted three altcoins from the same list: Akash Network (AKT), Arweave (AR), and Jupiter (JUP).

Binance and the Ghibli Meme Coin Craze

Elsewhere this week, a new meme coin frenzy emerged in cryptocurrencies, inspired by the beloved Studio Ghibli brand. Binance Alpha responded to this trend by listing two Ghibli-themed tokens, Ghiblification and GhibliCZ.

These tokens are quickly gaining attention as part of the cryptocurrency speculation fever based on AI and pop culture. The Ghibli meme coin phenomenon follows patterns similar to previous tokens inspired by memes. High interest and social media engagement drive price fluctuations more than actual utility.

Some traders see quick profit opportunities, while others warn of speculative bubbles that could lead to sharp market corrections. Nevertheless, Binance's participation shows how major exchanges leverage trending narratives to attract trading volume.