This is a yo-yo covered pumpkin .It was a custom order for an Etsy customer. I just love yo-yos, don't you? The pumpkin itself is a large yo-yo that's been stuffed and then covered. The smaller yo-yos are attached with thread and a little fabric glue.
This is the best tutorial of binding a blanket with satin binding that I found. My added tip, if your binding is being particularly shifty, as mine was, is to first adhere the binding to the fabric with Elmer's Glue, press with iron to dryness. It washes right out in the washing machine and helps keep the binding in place.