WHEN GLOBAL LIQUIDITY RISES

China's crypto pump narrative is hitting up big time and we are starting to see this spread out. The last time we had massive liquidity injections from China, we had a massive rally for Bitcoin from $3,000 up to $65,000. This is at a time when China was much more crypto-phobic than they currently seem to become which is very interesting. Right now, a huge amount of liquidity is coming again because Central banks in China are printing massively. The money printers have started working right now in the East because the Western economy is kind of moving a bit slower in terms o their economic and monetary easing policy.

We are seeing the Eastern economy, China and Japan in particular dumping huge sums of money into the market. We are seeing global liquidity on the rise and when global liquidity rises, it tends to drag markets with it. We will see if tensions in Ukraine and US markets and fears of US recession don't end up dragging markets down a bit. China pump for crypto, the potential is massive, we have all heard about the Korean pump narrative. China got way more money than South Korea and if you see China coming back into crypto in a big way, its potential is massive. We do have Hong Kong opening up for crypto right now, becoming much more crypto-friendly. We have seen a lot of stories coming out there, new ETF products being launched, Singapore's biggest bank wanting to get a piece of the pie, Samsung looking to launch spot ETF in Hong Kong, and Hong Kong opening up for retail traders to be able to invest in Bitcoin.

Of course, it is under the two systems one country policy so it doesn't necessarily mean that a truckload of Mainland money is going to flow into Hong Kong. China is a massive crypto market, the Chinese have been the earlier and hardest adopter of crypto. They have been some of the biggest supporters of crypto which is so sad that their government has been screwing them for such a long time on this situation. Chinese miners have been a deal, one of the big mining ASIC machines. The biggest exchanges have come out of China, Huobi, Gate, and Binance. Of course, we have the china central banks printing money hardcore right now. We are also seeing Hong Kong setting up task force development. The country has a Bitcoin and cryptocurrency hug, which makes China a window on the crypto world.