According to Cas Abbé, Uphold will now allow ALGO staking for its reported 10M users across 140+ countries, a move he suggests could channel demand into staking yields and reduce tradable float in ALGO spot markets (source: Cas Abbé on X, Sep 5, 2025). According to Cas Abbé, more than 2B ALGO are already staked and he states ALGO has a fixed total supply of about 8.7B, leading him to describe ALGO as already deflationary (source: Cas Abbé on X, Sep 5, 2025). According to Cas Abbé, additional staking participation from Uphold’s user base could tighten liquid supply and create a supply crunch, which traders should factor into order book liquidity, slippage, and potential momentum in ALGO trading pairs (source: Cas Abbé on X, Sep 5, 2025).

According to Skew Δ, the current key price for BTC is $106.7K, with pre-positioning shorts scaling up in perpetual futures. The tweet highlights that algorithmic trading is expected to lead market flow if BTC trades below this critical level, signaling potential for increased volatility and trading volume around the $106.7K threshold. Traders should closely monitor price action at this level for breakout or breakdown opportunities. (Source: Skew Δ on Twitter, June 16, 2025)