# DEX

Bitcoin's ascent to $122,000 with a $124 billion October market-cap gain is being driven by ETFs and methodical accumulation rather than retail euphoria. Claims of an Ethereum supply squeeze are meeting data-backed pushback, while demands for non-KYC ramps and trustless BTC–ETH swaps expose ongoing liquidity and custody frictions.

Today's top discussions reveal a community oscillating between hope for regulatory clarity, deep distrust of centralized actors, and a growing appetite for authenticity over hype. The persistent question: Is crypto finally maturing, or just repeating old mistakes?