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Updated Oct 9, 2025 17:37 IST
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The following article was originally published in the Ohio Capital Journal and published on News5Cleveland.com under a content-sharing agreement.
The Ohio House plan to set up a cryptocurrency reserve is turning into something a bit different.
One recent amendment expanded the scope of potential investments to include more traditional assets like bonds or exchange traded funds.
That change also directs a share of the interest earned on mortgage insurance, the rainy-day fund and unclaimed funds to the effort, and scrubs “cryptocurrency” from the new fund’s name.
Another tweak, approved Tuesday, gives the officials tasked with overseeing the fund certain liability protections if those investments go south.
The idea gave state Rep. Ismael Mohamed, D-Columbus, pause during Tuesday’s hearing.
“Does that also apply to acts of negligence or mismanagement?” he asked. “I certainly understand that the goal of this amendment, but I wanted to make sure does it apply to that degree to actual acts of negligence or impropriety?”
The measure’s sponsor, state Rep. Steve Demetriou, R-Bainbridge Twp., said “I want to assume it does not,” and described the changes as a way to protect state employees operating in good faith from changes in the market.
“Those employees of that agency or office are not liable for fluctuations in the market,” he said, “and I think that’s what we’re trying to clarify with this amendment.”
Still Demetriou acknowledged he wasn’t completely sure and promised to follow up with Mohamed.
As it was initially envisioned, the Ohio Strategic Cryptocurrency Reserve would have permitted the state Treasurer to invest up to 10% of the uncommitted money in Ohio’s general fund, rainy day fund, and lottery trust in digital assets.
Importantly, the bill was discretionary — the Treasurer wasn’t required to invest in any crypto at all. But if the Treasurer did decide to invest, the options were tightly restricted.
Only digital assets with a market capitalization of at least $750 billion were eligible. The only cryptocurrency that fits that bill is Bitcoin, with a market cap of $2.4 trillion as of Oct. 7.
The next closest cryptocurrency, Ethereum, comes in at about $538 billion.
In May, Zach Prouty from the State Treasurer’s office testified before the committee. He explained from the Treasurer’s perspective money falls in two buckets: active and interim.
The active money is like a checking account — liquid funds, available immediately. But interim money gets invested in securities, “maturing within one day or up to five years.”
Still, the entire pool of money is managed as a single fund, so the Treasurer’s investment strategy emphasizes “safety, liquidity and earnings.”
Essentially, the state needs reliable returns, turning over quickly enough that there’s always enough to cash to meet its needs.
Earning a bit of interest, Prouty said, is “icing on the cake.” In the last two fiscal years, the state’s investments generated $2 billion in interest.
Demetriou’s original proposal encouraged the Treasurer’s office to use a small portion of the funding at its disposal to chase even greater returns investing in crypto.
But at a committee hearing in March, he insisted the idea is to make “long term holds,” not for the Treasurer to try out day-trading.
For what it’s worth, a $100 investment in Bitcoin back then would be worth just shy of $150 today according to a calculator hosted by Bitbo.
That underlying idea of a small fund seeking greater investment gains is still there, but it’s scope is different.
The Treasurer can still invest in crypto, but any other exchange traded asset or commodity is on the table now as well.
Prouty explained the Treasurer’s office is somewhat indifferent about what money the state pours into the new fund, but that a consistent revenue stream would be best for growth.
“Carving off investment earnings from other large state funds would be a great way to ensure some consistent cash flow while not tying up dollars that are otherwise appropriated in the budget,” he told the committee.
Under an amendment approved in May, 5% of the interest from mortgage insurance and unclaimed funds as well as 10% of the interest from the rainy-day fund will go to the new Ohio Strategic Reserve Fund.

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Pi Network’s Protocol v23 upgrade is nearing completion, with analysts predicting a mainnet rollout by late 2025.
The Pi Network has been actively testing its Protocol version 23 upgrade on the testnet throughout the past month. Analysts expect the mainnet rollout to take place in the fourth quarter of 2025, bringing enhanced scalability and transaction efficiency to the blockchain.
Pi community expert Dr. Altcoin confirmed that the Protocol 23 upgrade is currently undergoing active testing on the Testnet. Once the testing completes, developers plan to move to Testnet 2 before launching it on the Mainnet.
Question Asked: How far is Pi Network’s blockchain upgrade to Protocol Version 23 (Smart Contracts)?
My Answer: Currently, the Testnet is running under Protocol 23 and undergoing active testing. Once this phase is completed successfully with minimal or no errors (you can observe… pic.twitter.com/vjEX411pgo
— Dr Altcoin ✝️ (@Dr_Picoin) October 9, 2025

The analyst noted that the Pi Core Team (PCT) usually takes a slow but cautious approach to ensure precision. He added that the upgrade could arrive between late Q4 2025 and early Q1 2026.
The upgrade also introduces Stellar Core v23.0.1, focusing on scalability and smoother transaction processing. The integration of Stellar’s v23 framework would offer better tools for developers, suggesting stronger mainnet performance.
Meanwhile, Pi Network is also working on its Rust Software Development Kit (SDK) to enable developers to build, test, and deploy smart contracts more efficiently.
📢 Breaking: Pi Network Rust SDK 🎙
Pi’s Rust SDK is being built like Stellar’s Soroban Rust SDK, providing the tools, libraries, and CLI for developing, testing, and deploying smart contracts. Work has already started 🖥🚀#PiNetwork pic.twitter.com/a0rF87tJEI
— PiNetwork⚡️阿龙 (@fen_leng) October 8, 2025

The product is modeled after the Stellar Soroban Rust SDK and includes libraries, tools, and a command-line interface (CLI) to simplify contract creation. This suggests Pi team’s plan to expand its developer ecosystem and increase the utility of the Pi token.
Pi coin, the native cryptocurrency of Pi Network, has been trading sideways for months. Currently, it is testing support around $0.2368, with trading volumes dropping to $28 million.
According to CoinMarketCap, PI is trading around $0.2334, down 32% in the past month. Dr. Altcoin has urged the Pi Core Team to stabilize the coin’s value through buybacks or token-burning mechanisms.
Once valued at about $18 billion in February, Pi token’s market cap has fallen to $1.92 billion, down 92% from its all-time high of $2.98. However, analysts expect that the upcoming upgrade could help in Pi Coin price recovery.
On the 4-hour chart, PI continues to trade below the middle Bollinger Bands, suggesting persistent selling pressure. If bearish momentum continues, traders could see immediate support at $0.226, with a deeper floor near $0.215.
PI price chart with RSI and Bollinger Bands | Source: TradingView
The RSI is indicating that the cryptocurrency is in oversold territory. This is a sign of a potential short-term rebound if buying interest increases. Resistance remains at $0.249 and $0.272, and a break above these could signal the start of a bullish recovery phase.
As PI coin eyes a price rally, another name catching attention in the crypto space is Snorter Bot (SNORT). It is a rapidly growing Telegram-based trading assistant that blends the viral appeal of meme coins with the practicality of advanced trading tools.
Built to simplify on-chain trading, Snorter Bot enables users to spot, snipe, and manage tokens directly within Telegram in just a few taps. Its first version focuses on the Solana ecosystem, known for its fast transactions and low fees.
However, future updates will expand support to Ethereum, BNB Chain, and other EVM-compatible blockchains.
Snorter stands out for its simplicity and speed. Users can create or import wallets instantly, perform secure swaps in seconds, and use advanced trading tools without needing to navigate complex interfaces.
The SNORT token serves as the key to unlocking Snorter’s premium features. With a fixed supply of 500 million tokens, the project aims to make high-speed DeFi trading easily accessible to everyone.
Presale Overview
Snorter Bot offers low trading fees and a multi-chain roadmap, becoming one of the most popular crypto presales in the market.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Parth Dubey on LinkedIn
October 9th, 2025
October 9th, 2025
October 9th, 2025
October 9th, 2025
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Pi Network mainnet upgrade with Protocol 23 is set for Q4 2025, bringing enhanced scalability, efficiency, and new DeFi features.
 
Pi Network is preparing for a major upgrade to its mainnet in Q4 2025. The network is currently in the testing phase of the Protocol 23 upgrade, and experts anticipate that it will enhance scalability and transaction efficiency once deployed. 
This upgrade could help improve the performance of Pi Coin, which has seen a drop in its value in recent months. The integration of features like DEX and AMM on the Testnet signals the network’s readiness for future developments.
Pi Network Protocol 23 upgrade aligns with Stellar Core version 23.0.1, focusing on increasing scalability and transaction efficiency. 
The new protocol will provide enhanced tools for developers, enabling them to test applications in a more efficient environment. The upgrade aims to ensure that Pi Network can handle future demands while operating securely.
Question Asked: How far is Pi Network’s blockchain upgrade to Protocol Version 23 (Smart Contracts)?
My Answer: Currently, the Testnet is running under Protocol 23 and undergoing active testing. Once this phase is completed successfully with minimal or no errors (you can observe… pic.twitter.com/vjEX411pgo
— Dr Altcoin ✝️ (@Dr_Picoin) October 9, 2025

The integration of Stellar Core v23 will mark a milestone in the network’s development. Developers expect that it will improve Pi Network’s ability to scale as the ecosystem grows. 
Additionally, the upgrade will lay the foundation for future mainnet enhancements, boosting overall network performance.
As part of the Protocol 23 upgrade, Pi Network has added new features to its Testnet, including a decentralized exchange (DEX) and an automated market maker (AMM). 
These additions will allow users to test decentralized finance (DeFi) functionalities in a secure test environment. They can trade tokens and create liquidity pools, simulating real-world market conditions.
This development shows that Pi Network is moving closer to providing decentralized finance solutions for its users. The integration of these tools in the Testnet suggests that they will play a key role once the mainnet upgrade is completed.
Despite the anticipated mainnet upgrade, Pi Coin has been struggling in the market. The cryptocurrency has been trading sideways for an extended period, with its price testing key support levels. Currently, Pi Coin’s price is hovering around $0.2368, with daily trading volumes falling below $30 million.
I have been warning the whole $Pi Network community about this, months ago.
While probably 80% of the community thinks that $Pi deserves a big price just because " it's Pi, it got hyped, it has a big community, a Stanford professor started it " … a few individuals have seen… pic.twitter.com/fuVkjdiHBY
— pinetworkmembers (@pinetworkmember) October 7, 2025

Dr. Altcoin, a Pi community expert, has urged the Pi Core Team to consider token buybacks or coin burns to improve Pi Coin’s liquidity. He emphasized that without these actions, the price could continue to decline. 
Earlier this year, Pi Coin was ranked among the top 15 digital assets by market cap, but it has since dropped by nearly 90%, moving out of the top 50 rankings.
LiveBitcoinNews is a leading online platform dedicated to providing the latest news and insights about Bitcoin and the broader cryptocurrency market. It offers timely updates on market trends, regulatory developments, technological advancements, and expert analyses, catering to both seasoned investors and newcomers in the digital currency space. The site features a variety of content, including articles, guides, interviews, and opinion pieces, making it a comprehensive resource for anyone interested in staying informed about the rapidly evolving world of cryptocurrencies.
Contact us: support@livebitcoinnews.com
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Pi Borrows Stellar’s Blueprint For Pi Coin’s Price Reversal  DailyCoin
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1. Russia’s industrial titans furlough workers as its war economy stalls  Reuters
2. Large enterprises in Russia switch to a shortened week  Українські Національні Новини
3. Russia’s largest agricultural machinery producer suffers major collapse  Українська правда
4. Russia’s Industrial Giants Struggle Amid Economic Strain and Global Tensions  Devdiscourse
5. The flagship of the Russian agricultural industry is reducing production: 2025 is the worst year in a decade  Прямий

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Bitcoin Price, Ethereum, XRP Fall. Why Cryptos Are Struggling Today.  Barron’s
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Stay tuned for live updates on the Kerala Lottery Result for October 09, 2025. It’s crucial to note that online purchasing of Kerala lottery tickets is prohibited, carrying potential legal consequences. Engaging in such practices may lead to penalties imposed by legal authorities, as the state government strictly prohibits online selling and purchasing of lottery tickets.
The Kerala Lottery Result for Karunya Plus KN-592 is set to be drawn today. The public can view the Winning Number post at 2.55 pm during the live broadcast of Kerala Lottery Today. The announcement for the Kerala Lotteries Result today, dated 09 October 2025, is expected to follow shortly.
Kerala Lottery Results Thursday 09-10-2025 LIVE: The Kerala Lottery Department, on behalf of the Keralan government, announces the “Karunya KN-592” Lucky Draw Result today Karunya KN-592, October 09, 2025. The draw will be held at Gorky Bhavan near Bakery Junction in Thiruvananthapuram. The Kerala Lottery Result 2025 for “Karunya KN-592” will feature 12 series, with changes in series possible each week. A total of 108 lakh tickets are available for purchase weekly. The ticket prices may vary. Check the Karunya KN-592 results right here to see if you’re the first-place winner of ₹1 Crore. Stay tuned to this website for the live update of Kerala Lottery Karunya KN-592 results today.

LUCKY TICKET NUMBER FOR 1ST PRIZE OF RS 1 Crore IS: PO 511475
LUCKY TICKET NUMBER FOR 2ND PRIZE OF RS 30 LAKHS IS: PV 550474
LUCKY TICKET NUMBERS FOR 3RD PRIZE OF RS 5 LAKHS ARE: PT 862498
LUCKY TICKET NUMBERS FOR CONSOLATION PRIZE OF RS 5000 ARE: PN 511475 PP 511475 PR 511475 PS 511475 PT 511475 PU 511475 PV 511475 PW 511475 PX 511475 PY 511475 PZ 511475
(For The Tickets Ending with The Following Numbers below)

LUCKY TICKET NUMBERS FOR 4TH PRIZE OF RS 5,000 ARE: 2285  2965  3827  4266  4562  4649  4778  6295  6609  6614  7760  8110  8207  8507  8746  8865  9020  9658  9754
LUCKY TICKET NUMBERS FOR 5TH PRIZE OF RS 2000 ARE: 2530  4271  4498  7238  7635  8239
LUCKY TICKET NUMBERS FOR 6TH PRIZE OF RS 1000 ARE: 0052  0766  0924  1027  1296  1496  2031  2077  2351  2552  2794  2832  3501  3664  3884  4125  4438  4885  5417  7312  7763  8190  8401  8716  9803

LUCKY TICKET NUMBERS FOR 7TH PRIZE OF RS 500 ARE: 0134  0286  0309  0502  0606  0609  0727  0757  0819  1208  1440  1494  1569  1826  2095  2255  2354  2381  2580  2617  2619  2825  2838  2867  3052  3397  3477  3483  3655  3669  3732  3905  3989  4124  4205  4507  4546  4681  4732  5002  5079  5106  5346  5403  5443  6098  6239  6322  6385  6660  6683  6696  6725  6740  6805  6835  6862  6890  7114  7205  7241  7259  7349  7461  7531  7592  7709  7851  7930  8199  8607  9324  9381  9592  9762  9793
LUCKY TICKET NUMBERS FOR 8TH PRIZE OF RS 200 ARE: 0040  0098  0115  0217  0222  0406  0448  0476  0543  0584  0795  1233  1430  1711  1859  2104  2359  2378  2777  3040  3186  3241  3248  3497  3500  3631  3652  3688  3826  3911  4155  4182  4195  4262  4293  4506  4512  4686  4754  4891  4913  5149  5255  5406  5710  6311  6500  6545  6677  6790  6837  6879  6880  6976  7085  7128  7230  7299  7327  7392  7525  7567  7576  7808  7828  7934  7994  8046  8248  8306  8408  8493  8496  8539  8643  8706  8795  9136  9194  9250  9486  9681  9897  9960
LUCKY TICKET NUMBERS FOR 9TH PRIZE OF RS 100 ARE: To Be Announced
1st Prize: Rs 80 Lakhs
2nd Prize: Rs. 10 lakhs
3rd Prize: Rs. 1 Lakh
4th Prize: Rs. 5,000
5th Prize: Rs. 1,000
6th Prize: Rs. 500
7th Prize: Rs. 100
Consolation Prize: Rs. 8,000
(NOTE: Lottery can be addictive and should be played responsibly. The data provided on this page is for informational purposes only and should not be construed as advice or encouragement. Zee News does not promote lottery in anyway.)
Stay informed on all the latest news, real-time Breaking news updates, and follow all the important headlines in India news and World news on Zee News.
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Cryptocurrency Exchange Gemini Expands Operations in Australia with AUSTRAC Registration  CoinDesk
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Bitcoin remains subdued on Thursday morning as a stronger U.S. dollar against the Japanese Yen weighs on the cryptocurrency markets. Despite the pullback, spot Bitcoin and Ethereum ETFs recorded notable inflows of $440.7 million and $69 million, respectively.
Highlighting market volatility, 155,911 traders faced liquidations totaling $533.69 million in the past 24 hours.
Altcoins Gain Strength Against Bitcoin
Crypto trader Michael van de Poppe highlighted that the altcoin market capitalization is showing a strong uptrend against Bitcoin.
Crypto Chase shared that he continues to hold a half-risk long position in Bitcoin from around $121,000.
While a final dip into demand is acceptable, he prefers a move higher in the current session.
A clean break below demand would prompt a re-evaluation, likely signaling more consolidation rather than a push toward a new all-time high.
For Ethereum, Ted Pillows noted the coin is testing a key support level; holding this support could trigger a rebound, while a breakdown may push it toward $4,250. Mikybull Crypto sees bullish patterns forming for XRP, suggesting a potential explosive breakout.
IncomeSharks observed that Solana remains bullish, with the On-Balance Volume (OBV) trending higher. A strong OBV spike would confirm upward momentum, while the red line serves as clear support for invalidation.
According to CoinGecko, the meme coin market capitalization fell 1.4% to $79.14 billion over the past 24 hours.
Daan Crypto Trades noted that Dogecoin appears poised for a potential breakout after steadily grinding higher since June. He highlighted that the price is tightening, and as long as it holds above the daily 200MA/EMA, the bullish structure remains intact.
Maintaining higher highs and lows will be crucial. While upcoming ETF approvals could ignite momentum, significant inflows are not expected.
Read Next:
Image: Shutterstock
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