Crypto News Today (April 26): Pi Coin Pumps on Founder News, Litecoin Suffers MWEB Exploit, Trump Calls Crypto 'Mainstream'
It is the weekend, so fewer headline events. But the team at AxiomFinity follows everything, and there are important crypto news stories today, April 26. Bitcoin price is still in the $77.5K‑$78K range, so not much to report there – the usual slow weekend price action.
However, Pi Coin is among the top gainers with a 5% pump, and President Trump had new things to say about crypto.
Why Is Pi Coin Up Today?
Pi Coin is up 5% today, trading around $0.18, driven by two key catalysts. First, the Pi Foundation transferred 50 million PI between wallets – a standard backend migration for liquidity and ecosystem fund allocation, not a market dump. The community’s initial fear of a sell‑off faded after official clarification, allowing buying pressure to return.
Second, Pi Network’s founders will speak at Consensus 2026 in Miami, one of the world’s most respected crypto conferences. This legitimizes the project in front of institutional and retail investors, which is a good signal that Pi is evolving from a mobile‑mining experiment into a serious blockchain ecosystem.
Technically, Pi bottomed near $0.163‑$0.165 in mid‑April and has since recovered. The MACD printed a bullish crossover, the histogram turned green, and price climbed above the EMA‑5, indicating short‑term momentum is shifting bullish. Resistance sits at $0.182‑$0.187, and a clean break above that level could open the door to $0.19‑$0.20.
Related analysis: our latest Pi Coin price prediction.
Litecoin News – Reorg Reverses Invalid MWEB Transactions After Zero‑Day Exploit
Litecoin announced that a zero‑day vulnerability in its MimbleWimble Extension Block (MWEB) allowed non‑updated nodes to validate an invalid transaction. Attackers used this flaw to peg out funds and trigger a denial‑of‑service attack.
Source: X/@litecoin
The Litecoin network executed a reorg to reverse the invalid transactions and restore normal operation. Node operators were urged to update immediately.
Other Important Crypto News Today and Finance Updates
Wanchain has added support for Ripple’s RLUSD stablecoin on its bridge infrastructure, enabling transfers between the XRP Ledger, Ethereum, Wanchain, and Cardano. This expands RLUSD’s cross‑chain reach and interoperability.
President Trump said crypto is a "big industry" that has become "mainstream." He added that he has an "obligation" to ensure the crypto industry does well. The comments mark a continued pro‑crypto stance from the former president.
AI infrastructure stocks are booming. They have outperformed the equal‑weight S&P 500 by +115% since December 2023 – more than any other AI‑related category. This group covers semiconductors, data center operators, cloud providers, networking equipment, and power companies.
Source: X/@KobeissiLetter
Mega‑cap hyperscalers (Microsoft, Alphabet, Amazon, Meta) outperformed by +45%. AI productivity stocks outperformed by +10%, while software names trailed the average stock by -20%. AI infrastructure is driving the revolution.
All in all, Pi Coin’s 5% pump came from wallet migration clarity and a major conference appearance. Litecoin suffered a MWEB exploit but resolved it with a reorg. Trump’s pro‑crypto comments and the booming AI infrastructure sector add a positive macro backdrop for digital assets.
Frequently Asked Questions
1. Is Pi Coin dead?
No. Pi Coin is up 5% today, its founders are speaking at Consensus 2026, and the project continues back‑end development. However, it remains highly speculative and not widely tradeable on major exchanges.
2. Is Litecoin safe to buy?
The MWEB vulnerability was patched with a reorg, and the network remains operational. Litecoin is generally considered safe as a long‑standing proof‑of‑work coin, but all crypto investments carry market risk.
3. Does Ripple have a stablecoin?
Yes, Ripple has a fully regulated, USD‑backed stablecoin called RLUSD. It is native to the XRP Ledger and is now supported on multiple cross‑chain bridges, as well as additional networks including Ethereum, Cardano, and Wanchain.
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