News
30 Apr 2026, 16:37
ICO market slows sharply with only six completions in 2026

According to CryptoRank, only six token sales were completed in 2026 to date, and half are underwater compared to their offering price. Crypto financing is shifting, with VC-funded rounds also slowing down in April. Just six crypto projects chose an Initial Coin Offering (ICO) in 2026. The ICO was a staple during the 2017 bull market, but was gradually displaced by other models. Currently, smaller projects have shifted to airdrops or running as tokenless apps, while larger crypto companies look toward initial public offerings (IPO) on traditional exchanges. CryptoRank noted the six ICOs used CoinList or Echo for their sales, instead of staging independent events. CryptoRank noted outflows of VC funding As Cryptopolitan reported, crypto funding accelerated in March, achieving its best score in six months. In April, however, funding rounds slowed down again, coinciding with a more bearish sentiment on crypto markets. For the month of April, only $653M were raised in 61 funding rounds, the smallest total for the past 12 months. In April 2025, VC funds raised over $2B in 89 funding rounds. Funding in April fell to the lowest level for the past 12 months, as big VC backers retreated from the crypto space. | Source: CryptoRank. The VC participants also shifted, with Coinbase Ventures and Animoca Brands falling behind after months of leading the largest number of funding rounds. In April, GSR was the leader with a total of four deals, leading one round. Animoca Brands and Coinbase Ventures took part in just three rounds for the past month. US-based funding also dried up, with just $150M in the past month. Most of the funding rounds were late-stage or undisclosed types, with $594M raised in unknown jurisdictions. Previous European leaders lagged in new project funding or ongoing support for existing crypto startups. Token sales reflect weakening sentiment In total, all types of token sales saw just 21 events for the past month, including platform-based IDO and IEO. Only $25.06M were raised through public sales, even abandoning usually busy chains. One round was completed on Solana, five on Ethereum and Base, and just two on BNB Chain. Most token sales are underwater, and just the BNB Chain achieved 1,269% growth for its offerings in April. Despite this, the IDO and IEO landscape shows an outflow of liquidity, as few investors are ready to hold tokens. The slower fundraising and token sales reflect a shift of crypto investors to other sectors, especially the quick-resolving prediction markets and perpetual futures. The slowdown reflects the shift in crypto narratives. In the past, fundraising was available for launching new L1 and L2 networks. Currently, overall interest has shifted to AI, but crypto startups are not considered reliable builders of AI products. According to CrunchBase, funding is plentiful for AI companies, as 2026 has the largest number of unicorn companies in the history of tech. Funds like Andreessen Horowitz, previously backing multiple crypto projects, switched to AI and robotics. CryptoRank also notes seed stage funding rounds have expanded to $10M for traditional startups, but VC backers are more selective and pick fewer projects. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
30 Apr 2026, 16:15
MEGA TGE Holders Remain Resilient: 50% Still Holding Tokens, Bubblemaps Reveals

BitcoinWorld MEGA TGE Holders Remain Resilient: 50% Still Holding Tokens, Bubblemaps Reveals A recent analysis by blockchain analytics firm Bubblemaps reveals a significant trend among recipients of the MEGA TGE (Token Generation Event) for the Ethereum Layer 2 project Megaether. According to the firm’s data, exactly half of the 8,360 addresses that received tokens on April 30 are still holding their allocations. This finding provides a unique insight into early investor behavior within the crypto market. Bubblemaps Analysis: A Deep Dive into MEGA TGE Data Bubblemaps, a well-known entity in on-chain analytics, shared its findings on X (formerly Twitter). The firm stated that the MEGA TGE on April 30 saw a total of 8,360 addresses receive tokens. The breakdown is stark: 50% of these recipients are still holding their tokens. In contrast, 40% have sold their entire allocation, and the remaining 10% have only partially sold. This data offers a clear snapshot of market sentiment. The high percentage of holders suggests a strong belief in Megaether’s long-term potential. However, the 40% who sold all their tokens indicate significant profit-taking or a lack of confidence. This split is common in early-stage crypto projects. Understanding the Token Generation Event (TGE) A token generation event (TGE) is a crucial milestone for any blockchain project. It marks the creation and initial distribution of a project’s native token. For Megaether, an Ethereum Layer 2 solution, the TGE was a key step in building its ecosystem. Investors and community members receive tokens based on their contributions, such as early participation or liquidity provision. The data from Bubblemaps highlights the immediate aftermath of such an event. The behavior of recipients—whether they hold or sell—can heavily influence the token’s price and liquidity. In this case, the 50% holding rate is relatively high compared to many other projects. Key Factors Influencing Holder Behavior Project Fundamentals: Megaether’s Layer 2 technology aims to scale Ethereum, a critical need in the crypto space. Strong fundamentals often encourage holders to keep their tokens. Market Conditions: The broader crypto market in late April 2025 was volatile. Many investors chose to lock in profits or cut losses. Token Utility: The value of a MEGA token depends on its use within the Megaether ecosystem. If holders see clear utility, they are more likely to retain their tokens. Comparative Analysis: MEGA vs. Other TGEs Comparing the MEGA TGE data with other recent token launches provides context. Many projects see over 60% of recipients sell within the first week. The 50% holding rate for MEGA is therefore notable. It suggests a more committed community or a well-structured tokenomics model. Project Holders After 30 Days Full Sellers Partial Sellers Megaether (MEGA) 50% 40% 10% Project A 35% 55% 10% Project B 45% 40% 15% This table shows that Megaether’s holder retention is above average. This could be a positive signal for future price stability. Implications for the Ethereum Layer 2 Ecosystem Megaether operates as an Ethereum Layer 2 solution. This means it processes transactions off the main Ethereum chain, offering lower fees and faster speeds. The success of its token generation event is crucial for its adoption. A high number of holders can lead to a more decentralized network. The Bubblemaps data also reveals the geographic and behavioral patterns of holders. While the firm did not specify locations, on-chain analysis often shows clusters of holders in regions with strong crypto adoption. This information helps in understanding the project’s global reach. Expert Insights on Token Distribution Industry experts often emphasize the importance of analyzing TGE data. A high sell-off rate can indicate a lack of trust or a pump-and-dump scheme. In contrast, a balanced distribution, as seen with MEGA, suggests a healthier ecosystem. The 50% holding rate is a strong indicator of community confidence. Moreover, the 10% partial sellers show a strategic approach. These holders likely sold a portion to recoup initial investment while keeping the rest for potential gains. This behavior is common among experienced crypto investors. Future Outlook for MEGA Token Looking ahead, the MEGA token price will depend on several factors. These include the project’s development milestones, partnerships, and overall market trends. The current holder data from Bubblemaps provides a solid foundation. If the project delivers on its roadmap, the remaining holders could see significant returns. However, the 40% who sold all their tokens might have done so due to concerns about competition. The Layer 2 space is crowded, with projects like Arbitrum and Optimism dominating. Megaether needs to differentiate itself to attract and retain users. Conclusion In summary, Bubblemaps’ analysis of the MEGA TGE reveals a balanced distribution among 8,360 addresses. Half of the recipients are still holding their tokens, while 40% have sold entirely. This data points to a relatively strong community belief in Megaether’s potential. For investors and analysts, this on-chain information is invaluable for assessing project health. The coming months will be critical for Megaether as it works to establish itself in the competitive Ethereum Layer 2 landscape. FAQs Q1: What is a token generation event (TGE)? A token generation event (TGE) is the process of creating and distributing a new cryptocurrency token to initial supporters. It is similar to an Initial Coin Offering (ICO) but often focuses on community building. Q2: How many addresses received MEGA tokens during the TGE? According to Bubblemaps, 8,360 addresses were allocated MEGA tokens during the token generation event on April 30. Q3: What percentage of MEGA TGE recipients still hold their tokens? Bubblemaps found that 50% of the recipients are still holding their MEGA tokens. This is considered a high retention rate. Q4: Why do some recipients sell their tokens immediately after a TGE? Recipients may sell to lock in profits, due to a lack of confidence in the project, or to reallocate funds to other investments. Market conditions also play a role. Q5: What is Megaether (MEGA)? Megaether is an Ethereum Layer 2 scaling solution. It aims to improve transaction speed and reduce costs on the Ethereum network. The MEGA token is its native cryptocurrency. This post MEGA TGE Holders Remain Resilient: 50% Still Holding Tokens, Bubblemaps Reveals first appeared on BitcoinWorld .
30 Apr 2026, 14:55
Tether-Linked £5 Million Political Donation Draws Regulatory Scrutiny

Christopher Harborne, a Thailand-based British businessman holding a 12% stake in Tether, made an undisclosed £5 million personal gift to Nigel Farage, a donation that has now drawn formal scrutiny from Parliamentary Standards Commissioner Daniel Greenberg. The question this story forces is direct: does a stablecoin stakeholder’s political giving create compliance exposure for Tether itself, and what does that mean for USDT’s standing with regulators? Key Takeaways Donation size: Harborne gave a £5 million undisclosed personal gift to Nigel Farage, on top of £12 million+ in total donations to Reform UK. Tether connection: Harborne holds a 12% stake in Tether, the issuer of USDT – the world’s largest stablecoin by market cap. Regulatory trigger: The Conservatives referred Farage to Parliamentary Standards Commissioner Daniel Greenberg; Labour accused him of breaking Commons declaration rules. Donation ban: The UK government imposed a moratorium on crypto donations to political parties in March 2025, following the Rycroft review’s warnings on foreign influence risk. Exemption claim: Reform UK classifies the £5 million as a “personal unconditional gift” exempt from declaration requirements – a classification that is now contested. Discover: The best pre-launch token sales Who Is Christopher Harborne and How Does Tether Factor In? Harborne is not a peripheral figure in either crypto or UK politics. He built significant exposure to Tether early, accumulating a 12% stake that makes him one of the stablecoin issuer’s most consequential individual shareholders. His political giving predates Reform UK, he backed multiple Brexit campaigns before directing over £12 million to Farage’s party, including a record-breaking £9 million single donation in late 2024, reported at the time as the largest from a living person to a UK political party. The £5 million gift at the centre of current scrutiny was made before Farage announced his candidacy for the Clacton parliamentary seat in June 2024. Farage confirmed the payment in a Daily Telegraph interview , describing it as intended to keep him “safe and secure for the rest of my life”, framing it as a personal security arrangement rather than political funding. Reform UK classifies the gift as a personal unconditional donation, which under UK Electoral Commission rules falls outside mandatory declaration requirements. That classification is the contested ground. UK political finance law requires that donations to political parties above £7,500 be declared to the Electoral Commission. Personal gifts to individuals, not parties, occupy a different legal category. Whether the £5 million crossed from a personal gift into a political contribution is precisely what the Parliamentary Standards Commissioner is now examining. Discover: The best crypto to diversify your portfolio with The post Tether-Linked £5 Million Political Donation Draws Regulatory Scrutiny appeared first on Cryptonews .
30 Apr 2026, 14:19
Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target?

Grayscale’s Zcash Trust (ZCSH) just doubled its trading volume, pushing daily volume past $2 million as Zcash’s shielded supply reached an all-time high. Two separate signals, one institutional, one on-chain, converging at the same time, is not a coincidence you ignore. Shielded supply now represents approximately 30% of ZEC’s circulating supply, its highest share on record. The question is whether this is a structural shift in how investors and users engage with Zcash, or a short-term spike with nowhere to go in May. Source: TheBlock Discover: The best crypto to diversify your portfolio with Can Zcash Price Break Resistance at $400 or Does $220 Come First? ZEC is sitting at $335 on the daily chart, and the most notable thing here is the massive recovery from the February lows near $185, with ZEC price nearly doubling before running into the $400 resistance zone and getting rejected back down. That $400 level marked as the red dotted line is the key ceiling; it rejected price hard in April and is the line that separates the current recovery from a genuine trend reversal attempt. Source: Tradingview Price is now sitting in a consolidation zone between roughly $300 and $380, churning after the initial recovery momentum faded, and the structure suggests it needs to either build another base here or risk sliding back toward the $240 to $260 range, where support sits below. On the upside, reclaiming $400 opens the path toward $457 first, then $527 and $600 as the higher targets marked on the chart, all of which were prior support and resistance zones from the November to December range. The daily chart shows a coin that made a significant bottom and has recovered well, but is now at a decision point where the easy gains from the lows have already been taken, and the next leg requires actually breaking through real resistance rather than just bouncing off a floor. $400 is the level to watch. Until it flips, this is still a recovery trade, not a breakout. Discover: The best pre-launch token sales The post Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target? appeared first on Cryptonews .
30 Apr 2026, 13:43
Shiba Inu Price Prediction: SHIB Super-Whale Offloads $4.9M

A wallet that turned a $13,760 entry into one of crypto’s most extraordinary fortunes just offloaded 800 billion Shiba Inu tokens for $4.9 million, with the total gain now past $660 million, having bought the token at an early price level and hitting his prediction right. Shiba Inu trades at roughly $0.00000659 right now, flat to slightly negative over the past 24 hours against a market backdrop of cautious consolidation. Now, is this another trim or the beginning of a full exit from the largest non-deployer SHIB position in existence? An OG whale, who once spent $13,760 to buy 103.33T $SHIB (worth $8.9B at peak), sold another 800B $SHIB ($4.9M) today. This OG spent only $13,760 to buy 103.33T $SHIB , sold 4.06T $SHIB for $37.6M over the past few years, and still holds 99.27T $SHIB ($625.41M) — 16.84% of the… pic.twitter.com/F0bB0VP5t0 — Lookonchain (@lookonchain) April 30, 2026 The real risk isn’t the $4.9 million sale. It’s what comes next from a wallet still sitting on 99.27 trillion tokens. Discover: The best pre-launch token sales Shiba Inu Price Prediction: Can SHIB Hold $0.0000060 After the 800 Billion Token Dump? SHIB is grinding sideways in a tight range, unable to generate conviction in either direction. The key support level is $0.0000060, a zone that has absorbed selling pressure multiple times since late March 2026. The key resistance is $0.0000072, which capped the most recent rally attempt and aligns with previous consolidation highs. If $0.0000060 holds, the price structure stays intact, and the whale sale gets absorbed into normal crypto liquidity without structural damage. If $0.0000060 breaks, the next meaningful support doesn’t appear until $0.0000048, and that move could open quickly given the thin order book at current levels. The concern isn’t today’s $4.9 million offload; crypto liquidity across CEXs and DEXs can handle that. The concern is acceleration. A sustained push of exchange reserves above 83-84 trillion SHIB would signal that distribution pressure is building beyond what passive absorption can offset. Maxi Doge: The Dog To Watch This Cycle When capital rotates back into meme coins, momentum almost always circles back to one high-beta pick. Shiba Inu is between a rock and a hard place, having whale exiting at the moment. For those watching Shib: Why buy now? Why not be the whale? History makes the pattern clear: Dogecoin started the trend, Shiba Inu ran with it in 2021, followed by Floki, Bonk, Dogwifhat, and Neiro. Every bull cycle eventually crowns a new Doge-inspired frontrunner. ONLY 1 TOP DOG THIS CYCLE. pic.twitter.com/IUDUZlpUH0 — MaxiDoge (@MaxiDoge_) April 21, 2026 This time around, Maxi Doge ($MAXI) is tapping into those early Dogecoin vibes with a community built around sharing early alpha, trading ideas, and competitive engagement. Participation is at its core. Weekly Maxi Ripped and Maxi Pump competitions reward top performers with leaderboard recognition, incentives, and bragging rights. The hype is already showing in the numbers. The $MAXI presale has raised more than $4.7 million, while early backers are earning up to 65% APY through staking rewards. For those who missed the Doge wave before, Maxi Doge could be the next chance to catch a meme coin before it enters the mainstream. Discover: The best crypto to diversify your portfolio with The post Shiba Inu Price Prediction: SHIB Super-Whale Offloads $4.9M appeared first on Cryptonews .
30 Apr 2026, 12:45
Tom Lee Back in The News as Bitmine Acquires 65,000 Ethereum In a Day

Bitmine Immersion Technologies just dropped the news bomb with a $147 million Ethereum purchase in a single 24-hour window. Tom Lee’s Bitmine snapped up 65,000 ETH and pushed its total holdings to 5.07 million ETH, or more than 4.2% of the entire circulating supply. ETH price sits at the $2,250 level at the time of writing, consolidating after a stretch of relative underperformance against Bitcoin. Tom Lee himself is still with a $62K Ethereum target in the long run as ETH records the biggest fees generated versus other chains. ETH leading in fees with just over $1.3M, followed closely by HYPE! pic.twitter.com/h98RR5pNHp — Crypto Crib (@Crypto_Crib_) April 30, 2026 How Bitmine Built a $147M Ethereum Position in One Day On-chain data tracked via Arkham Intelligence shows Bitmine’s wallet activity spiking sharply, with over 626,000 ETH in verified on-chain holdings valued at more than $1.4 billion. Bitmine, Arkham The firm executed a 20,000 ETH block purchase worth $44.8 million through FalconX, a major institutional trading platform, as part of the 65,000 ETH accumulation. A separate 10,000 ETH lot came via direct OTC acquisition from the Ethereum Foundation on April 24, 2026. Tom Lee, chairman of Bitmine and head of research at Fundstrat Global Advisors, has been one of crypto’s most consistently bullish institutional voices. Lee stated the firm believes ETH is in the “final stages of the ‘mini-crypto winter,'” and Bitmine has now staked 3.7 million ETH, generating an estimated $363 million in annual yield. TOM LEE SAYS $ETH IS GOING TO $62,000 – Ethereum is the best performing asset since the war started – Outperforming gold, silver, and energy stocks – Tokenization and agentic AI are the two drivers of the next big move – Bitcoins' fair value $250K, ETH at a quarter = $62,000 pic.twitter.com/JIte3HIncF — Tom Lee Tracker (Not actually Tom) (@TomLeeTracker) April 18, 2026 Discover: The best pre-launch token sales Realistically, Should We Follow Bitmine Ethereum News? Ethereum’s institutional accumulation narrative is powerful. But at a $272 billion market cap, the asymmetric return window has narrowed considerably for those with shallow pockets. Traders chasing outsized gains are looking earlier in the cycle. That’s where infrastructure presales with genuine technical differentiation come in. Bitcoin Hyper ($HYPER) is positioning as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, a genuinely novel combination that delivers sub-second finality and smart contract programmability without abandoning Bitcoin’s security base. The presale has raised more than $32.5 million at a current price of $0.0136 , with a high 36% APY staking already live for presale participants. Key infrastructure includes a Decentralized Canonical Bridge for BTC transfers and extremely low-latency transaction execution. Hyper is faster than Solana itself, running on Bitcoin rails. For those who believe Bitcoin’s programmability gap is the next trillion-dollar unlock, the entry point here is orders of magnitude earlier than ETH. Research Bitcoin Hyper here. The post Tom Lee Back in The News as Bitmine Acquires 65,000 Ethereum In a Day appeared first on Cryptonews .








































