Trump Just Confirmed He Will Speak at the TRUMP Memecoin Gala: Will His Words Move the Crypto Market?
CryptoNews·60-word summary·1 min read
Former President Donald Trump confirmed he will speak at the Mar-a-Lago TRUMP memecoin gala, raising speculation about potential market impact. The event, scheduled for late April 2026, could influence Bitcoin prices depending on his remarks. The gala's significance lies in its high-profile endorsement, which may sway investor sentiment and crypto market movements.
On April 23, 2026, IREN stock rose 7.5% to close at $52.02, driven by analyst optimism over its shift from Bitcoin mining to AI cloud infrastructure. The company’s revenue is projected to reach $1.01 billion this year and $2.92 billion in 2027, supported by a Microsoft deal and a build-out of 150,000 GPUs.
Bitcoin is on track for its best monthly gains since late 2024, with a $77,500 monthly close expected. The cryptocurrency's price action suggests strong upward momentum, and it has one week remaining to potentially reach this milestone. This marks a significant recovery period for Bitcoin, highlighting renewed investor interest and market strength in 2026.
Metaplanet has raised $50 million through zero-interest bonds from EVO FUND to increase its Bitcoin holdings. The funding, part of its capital markets-driven strategy, aims to expand its Bitcoin treasury. The bond issuance was announced in April 2026, reflecting Metaplanet’s ongoing efforts to leverage innovative financing to grow its Bitcoin assets.
Etherealize, backed by the Ethereum Foundation, predicts ETH could reach $250,000 before Bitcoin if it captures a share of gold and Bitcoin's monetary premium. The group suggests widespread institutional adoption, including pension funds and banks, is necessary. Currently priced around $2,300, ETH's potential growth hinges on market perception and supply dynamics, with staking reducing available supply to support higher prices.
On April 24, 2026, Bitcoin and the US dollar moved in near-perfect opposition, marking the most extreme divergence in nearly four years. This significant price behavior highlights the ongoing inverse relationship between Bitcoin and the dollar, reflecting shifting market dynamics and investor sentiment in the crypto and traditional finance sectors.
The article highlights the growing popularity of crypto FX brokers as traders increasingly combine forex and cryptocurrency trading. While specific amounts and dates are not provided, it emphasizes the rapid transformation of the financial landscape over recent years, driven by cryptocurrencies like Bitcoin and Ethereum, which have attracted more traders seeking high liquidity and profit opportunities.