Bitcoin went through an impressive uptrend over the past week, pushing the price up nearly 11.5%. The pioneer cryptocurrency went from a low of $10,530 on Oct. 8 to recently trade at a high of $11,740.

Now, multiple on-chain and technical indexes suggest that a correction is underway.

Bitcoin’s macro backdrop looks exceptional, and every day it seems to get better.

Injective Protocol is a decentralized derivatives project that offers fast transaction speeds, deep liquidity, and front-running protection. The project makes up part of the growing DeFi ecosystem that is being built outside of Etheruem. 

More than $40 billion have flooded the cryptocurrency market in the past week, allowing Chainlink and Band Protocol to post massive gains. Now, it seems like these oracle tokens have reached exhaustion, indicating losses on the horizon.

Chainlink entered a significant corrective period after reaching an all-time high of $20.3 in mid-August.

As regulators in India mull over a new Bitcoin ban, the country’s first crypto exchange, BuyUcoin, and industry leaders have come together to propose an alternative.

Ethereum-based DeFi lending platform Aave raised $25 million during its latest venture capital investment round.

Several companies participated in Aave’s latest funding round, including Blockchain Capital, Standard Crypto, and Blockchain.com.

Aztec has announced the launch of a new scaling solution for the Ethereum network—Aztec 2.0. The startup, which focuses on privacy solutions for Ethereum, said the new version would utilize a zk-SNARK standard called PLONK to build a two-layer system for processing transactions, increasing Ethereum’s privacy and scalability.

Bitcoin’s rise towards the $11,500 level over the weekend has created a notable price gap on the BTC CME futures chart, leaving the possibility of a pullback in early-week trading to fill the gap.

Dubbed “Summer of DeFi,” CoinGecko’s Q3 2020 report reveals many reasons for a celebration in crypto. It also offers enthusiasts a few surprises.

The recently launched stablecoin XSGD will implement strong regulatory assurances for users with their compliance partner, Elliptic.

Cosmos looks ready to make gains after a two-month correction. But first, one technical indicator suggests that ATOM prices will drop further, giving traders a chance to get back into the market.