qfx 
Bitcoin’s implied volatility (IV), which is a fancy term for “how much the market expects Bitcoin to throw tantrums over the next few weeks,” has hit a 2.5-month high, aligning perfectly with the spooky seasonal trends we’ve come to love. 🎃
But it’s supposed to be ‘Uptober’!
As per Kaminos X thread, the verification came after six months of work with Osec, where engineers tested Kamino’s main functions: deposit, withdraw, borrow, and repay. They confirmed that each function works correctly and keeps the system stable in all situations. Osec also verified that if a user’s position starts in good health, no action they take can make it unsafe-a comforting superstition for those who prefer numbers to nerves. 🤔
As if awakened from a deep slumber, market participants are revisiting the back alleys of the crypto ecosystem, reminiscent of the good ol’ days of 2017-2018, when memories were sweet, and the market seemed perpetually bullish.
On a Wednesday, when the world was busy sipping its coffee and contemplating the meaning of existence, the BNB Chain decided to outdo itself. According to the ever-watchful BscScan, the BNB Smart Chain (BSC) embarked on a gas-guzzling spree, surpassing its June 2025 high of 3.44 trillion-not once, but twice! 🌪️ Is this progress, or merely the universe laughing at our attempts to quantify success? On October 8, BSC reached a new zenith, a staggering 5.02 trillion gas units consumed in a single day, leaving Tuesday’s 4.17 trillion milestone in the dust. Since the start of the month, the network has been inhaling over 2 trillion gas daily, a testament to its growing on-chain activity and the relentless adoption of its ecosystem. Or, as I like to call it, the crypto equivalent of a glutton at a buffet.
Several key signals, both from price charts and blockchain data, suggest a more significant price drop might be developing, even as analysts consider a new long-term price goal.
Enter stage left, the ever-eloquent entrepreneur Anthony Pompliano, who in a recent podcast, proclaimed that there lies a new mantra-a concept to grip like a lifeline. It appears these institutions have finally grasped that the relentless machines of currency printing shall remain unfettered and unhinged. Who would have thought? Surely not the goldbugs and Bitcoin zealots who have been banging on about this until the cows came home! Or, perhaps they just wanted to sell us a few shiny tokens? 🤔
It appears, dear reader, that even the most venerable of financial institutions – those bastions of tradition and sensible shoe-wearing – are, shall we say, experimenting with this digital “blockchain” business. One might have imagined them content with ledgers bound in calfskin and the reassuring weight of gold, but alas, even they succumb to the winds of change… or perhaps just the promise of slightly larger profits. State Street, in its infinite wisdom, has observed this curious phenomenon in its 2025 Digital Assets Outlook.
In a world where digital currencies were once viewed as the playground of eccentric billionaires and tech nerds, Block Inc. (NYSE: SQ) is giving bitcoin a permanent home in everyday commerce. They’ve launched Square Bitcoin on Oct. 8, boldly declaring it “the first fully integrated bitcoin payments and wallet solution – built for local businesses of all sizes.” Yes, you read that correctly: Bitcoin is now for *everyone*. 💸
Critics, ever the sourpusses, have declared that this move might just be the death knell for DeFi. Oh, how terribly dramatic. 😒
