Schlagwort: crypto business

• Chainlink price hovered near $9.00 on Friday, March 20, 2026.
• LINK spot ETFs recorded their second‑highest inflow day with $3.34 million.
• Bulls could ride fresh optimism to target $14.

Chainlink (LINK) is trading near $9.11 as bulls attempt to hold onto recent gains, with momentum likely to strengthen amid fresh inflows into US spot LINK ETFs.

Data shows exchange-traded fund products tied to the oracle network recorded their second-strongest day of institutional inflows on March 19, 2026.

This came as prices touched lows of $8.90, a move that mirrors the sharp decline in Bitcoin price amid broader market jitters.

LINK spot ETFs record second‑highest inflow day

According to on-chain data provider SoSoValue, US spot ETFs tracking Chainlink (LINK) recorded net inflows of $3.34 million on March 19, 2026.

While modest in absolute terms, the inflows are notable as they represent the second-largest single-day inflow for these products.

The figure trails only the $4.05 million recorded on January 20. Cumulatively, LINK-linked ETFs have attracted nearly $98 million in net inflows.

Analysts say the latest inflows point to renewed institutional appetite for exposure to Chainlink.

Among individual products, Grayscale’s GLNK drew $1.52 million, while Bitwise’s CLNK led with $1.81 million in inflows.

Such spikes in inflows are often associated with improving price sentiment and stronger on-chain liquidity for the underlying asset.

The inflows also come as Chainlink’s infrastructure gains traction.

Amundi, which manages more than €2.3 trillion in assets, recently launched a tokenised mutual fund, SAFO, on the Chainlink network.

𝗟𝗜𝗩𝗘: Europe’s largest asset manager Amundi (€2.3 trillion AUM) & Spiko launch new tokenized mutual fund (SAFO) powered by Chainlink. 

Chainlink is how the world’s leading institutions & tokenization platforms are unlocking the issuance & distribution of tokenized funds. pic.twitter.com/2GQshwqCrC

— Chainlink (@chainlink) March 19, 2026

​LINK price outlook

The surge in spot ETF demand offers a bullish structural backdrop for LINK’s price.

As noted, fresh capital deployment signals persistent institutional accumulation outside the traditional spot and futures markets.

LINK sits near the upper end of its recent trading range, with the token currently changing hands near $9.00.

This means that further ETF‑driven buying could accelerate a move above key resistance levels.

​From a technical perspective, LINK’s daily Relative Strength Index (RSI) hovers in neutral territory near 48.

This suggests that the market is indecisive.

On the upside, bulls retain room for another  spike before hitting exhaustion.

Elsewhere, the Moving Average Convergence Divergence (MACD) remains in a consolidating phase, with the histogram flattening.

This shows that momentum is stabilising rather than reversing, and a breakout could materialise.

This aligns with a bull‑flag or ascending channel pattern visible on the daily chart.

The 50-day and 100-day EMAs offer immediate resistance at $9.50 and $10.18 levels. Momentum could bring $14.21 into play.

In the opposite direction, bears could target channel support around $7.78.

The post Chainlink price outlook as spot ETFs see 2nd-biggest inflow appeared first on CoinJournal.

• Animoca Brands has announced a strategic investment in Avalanche.
• The move aims at promoting the adoption of projects built on Avalanche.
• Could the strategic investment boost AVAX price?

The Avalanche (AVAX) price has slipped below $10 as cryptocurrencies experience sell-off pressure.

AVAX could extend the decline to below $9, but is the announcement that Animoca Brands has partnered with Ava Labs to help expand adoption across the Middle East and Asia bullish for the token?

Animoca Brands partners with Ava Labs

Animoca Brands is one of the most influential entities in the web3 ecosystem, boasting notable traction globally and particularly in the East.

The announcement shared today, March 19, revealed that Animoca has signed a strategic partnership with Ava Labs, a company focused on advancing the Avalanche blockchain ecosystem.

While Animoca Brands did not disclose the amount invested, its leadership has termed the investment as a major one.

The focus will be on the deployment of capital in AVAX-based projects, as well as supporting product integrations and offering advisory support.

The Ava Labs team noted that Animoca brings a portfolio of over 600 investments and deep expertise across real-world assets, gaming, and digital identity.

With the collaboration, Ava Labs will target expansion across Asia and the Middle East.

“Avalanche combines scalable subnet architecture with EVM compatibility, which makes it particularly well suited for sovereign and institutional deployments — areas where we see growing demand globally,” said Omar Elassar, Animoca’s head of global strategic partnerships and managing director for the Middle East.

Avalanche RWA and DeFi markets

Avalanche (AVAX) ranks 22nd among the largest cryptocurrencies by market capitalisation, with a valuation of about $4 billion as of March 19, 2026.

However, the layer-1 network remains significantly smaller than leading altcoins in terms of overall market size and ecosystem activity.

Data indicates that Avalanche lags major chains across decentralised finance and real-world asset (RWA) adoption.

According to RWA.xyz, the total value of tokenised assets on Avalanche stands at roughly $1.3 billion, compared with about $15.7 billion on Ethereum.

Similarly, Avalanche’s DeFi total value locked (TVL) is around $1.9 billion, well below Ethereum’s $136 billion and the more than $18 billion recorded on Solana.

Despite this gap, the network’s on-chain finance footprint is showing signs of expansion.

The backing from Animoca Brands could help accelerate growth, while the AVAX token may benefit from further integrations and ecosystem adoption.

AVAX price outlook

AVAX trades around $9.41, down 3% in the past 24 hours.

From a technical perspective, AVAX is trading in a broad downtrend trajectory, with prices constrained within a tightening Bollinger Bands formation.

Currently, AVAX is near the technical indicator’s middle line after recent rejections from the upper band.

Meanwhile, the relative strength index (RSI) has flipped downward and hovers near 48 as bulls risk losing the neutral outlook to the momentum.

However, while sellers show resolve, they are not dominant.

If AVAX holds above $9, a broader recovery could allow for a breakout above $10 and a potential short-term retest of year-to-date highs near $15.

On the downside, failure to defend support zones could drag AVAX to lows of $8.20.

The post Avalanche price forecast as Animoca Brands invests in AVAX token appeared first on CoinJournal.

• Zcash price was down nearly 10% in the past 24 hours.
• The ZEC token changed hands at around $239 as bulls risk a key support level.
• Is the dip a healthy consolidation move or the start of a deeper correction?

Zcash (ZEC) pulled back sharply on Thursday, falling nearly 10% in intraday performance as the surge to a multi‑month high near $280 risked fading.

The privacy coin traded to lows of $239, with the retreat coming amid a broader risk‑off shift in crypto markets.

Profit‑taking across the board means ZEC’s recent breakout could fuel bears’ move towards a key psychological support at $230.

Can bulls hold onto support levels, or is Zcash price poised for an even deeper correction?

Why is the Zcash price down today?

Zcash’s slide from the $280 level reflects a combination of several short‑term factors.

Broadly, it’s the investor jitters around the global macro and geopolitical environment.

Bitcoin, for instance, is struggling to hold gains above $70k, and a similar outlook is engulfing top altcoins, including Ethereum, Solana, BNB, and XRP.

A key perspective is the profit‑taking amid heightened macro uncertainty.

ZEC outlook amid key network growth metrics

Zcash price has shown resilience amid interest in privacy coins, with a recent spike to $280 aligning with this sentiment amid Zodl’s milestone.

Despite the pullback to $239, bulls remain positive as on-chain metrics outline notable network growth.

For instance, Zcash’s hashrate has hit a new all-time high of 16.54 GS/s.

Meanwhile, shielded supply has climbed to 5.15 million ZEC, accounting for roughly 31% of the coin’s circulating supply.

A surge in shielded supply indicates growing demand for private transactions.

Importantly, a sizable portion of ZEC is off crypto exchanges, which signals a long-term bullish view.

The robust network security and increased interest in privacy-focused transactions offer a two-pronged approach to adoption, and could boost ZEC price.

Zcash price technical picture

From a technical standpoint, ZEC’s daily chart points to a mixed outlook with oscillators and moving averages leaning neutral-to-towards selling.

The current structure suggests risk appetite could allow for a clean breakout to $300.

In this case, bulls must flip $240 into a major support base, with the 50 EMA at $262 crucial.

Further upside movement will bring the 200 EMA ($281) into view.

Above these levels lie $300 and the 100 SMA at $339, which could be a key resistance zone as bulls eye the $500 target.

Zcash’s sharp pullback after the spike to $280, therefore, provides bulls with an opportunity to pump amid a shakeout of weak hands.

However, if short‑term selling gains momentum amid broader crypto weakness, the coin’s price could fall to $206 and then $185.

The post Zcash price falls below $240 amid profit-taking: what’s next for ZEC? appeared first on CoinJournal.

• Ethereum price was poised above the $2,150 level.
• Bulls were showing resilience as a whale re-accumulated $111 million worth of ETH.
• Another move above $2,000 could push prices towards the $2,500 resistance.

A mysterious Ethereum whale has re-emerged after lying dormant for seven months, and just deployed over $111 million in USDT to accumulate ETH.

The whale’s move came as the ETH price hovered above $2,170 amid a broader slip for cryptocurrencies early Thursday.

As Bitcoin revisited $70,000 support, Ethereum bounced off the crucial $2,150 level, with intraday volume up 39% at over $27 billion.

Ethereum whale spends $111 million to re-accumulate ETH

According to Lookonchain, a whale that exited Ethereum seven months ago as prices jumped towards $4,000 is back.

The mysterious holder has spent 111.62 million USDT to buy 50,706 ETH, executing this fresh buy at an average price of $2,201 per token.

On-chain data shows this purchase mirrors a sale exactly one year prior, when the same address offloaded 28,683 ETH at $3,892 each.

That sale netted $111.62 million, and a re-cumulation worth this exact value highlights a classic “buy-low, sell-high” move.

A mysterious whale returned after 7 months of inactivity and spent 111.62M $USDT to buy back 50,706 $ETH at an average price of $2,201.

1 year ago, this whale sold 28,683 $ETH at an average price of $3,892 for 111.62M $USDT.

What a perfect buy-low-sell-high move!… pic.twitter.com/3F56jkgr2y

— Lookonchain (@lookonchain) March 19, 2026

Waking up after seven months  also points to the whale’s positioning amid a potential rebound, and mirrors conviction buys by entities such as Bitmine.

The treasury firm, led by Fundstrat’s Tom Lee, recently bought 60,999 ETH worth over $140.3 million and currently holds 4,595,562 ETH worth over $10.5 billion.

ETH’s rebound above $2,000 coincided with the Ethereum Foundation depositing $7.88 million of the altcoin to Steakhouse, a DeFi asset manager with over a billion dollars in AUM.

The EF currently holds over $400 million of ETH.

Can ETH hold gains above $2,150?

Ethereum’s price rose to highs of $2,386 on Monday, riding a bullish flip that pushed Bitcoin to $76,000.

However, the current price hovers near $2,170, testing support amid Bitcoin’s fresh retest of support around $70,000.

As noted, top coins are retreating as risk assets grapple with global economic headwinds. Inflation and escalating Middle East tensions stand out as key short-term headwinds.

Meanwhile, the technical picture shows ETH hovering near a key support level on the daily chart.

The $2,100 mark currently acts as a pivotal support zone and aligns with a rising trendline.

Prices also track the 50-day exponential moving average, currently acting as resistance near $2,215. This is the hurdle bulls need to surmount for potential upside continuation.

If support holds firm above the aforementioned level, the next target remains $2,400-$2,500. Per the daily chart, the 100 EMA sits at the $2,500 mark.

A breakdown from current levels could allow bears to target $2,000 or lower. Cycle lows near $1,800 offer a robust demand reload zone.

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