Interpretation of currency circle information:

The world has changed. You ignored the A-share market two weeks ago, but now you can't afford it. Today, the A-share market opened with a half-day trading volume of over 1.6 trillion yuan. The Shanghai Composite Index rose by more than 5.7%, the Shenzhen Component Index rose by 8.2%, the ChiNext Index rose by 11.4%, and the Beijing Stock Exchange 50 Index rose by more than 15%. The rising index has broken through the 3,300-point mark. It seems that there is nothing to watch in the currency circle these days. As we said last Friday, this wave of liquidity release has been absorbed by the A-share market.

It can also be clearly seen from the premium rate of U that there is still a negative premium of 1%, which means that investor funds are constantly being withdrawn to RMB assets (A-shares).

FTX will return $11-16 billion to creditors in the fourth quarter of 2024, which may provide significant benefits to the cryptocurrency market (especially Bitcoin, SOL and Solana network cryptocurrencies). Even if all of this money can't stay in the market, I expect at least half of it will be able to stay, and it will likely bring better liquidity to the ETF, which is obviously good news.

CZ's first post after being released is as follows: GM, the food tastes so good... It's a luxury to be able to eat more than one piece of fruit every day. I know someone may have a lot of questions for me, but I won't answer them all, let me calm down and figure out the next step, there are always more opportunities in the future than in the past. I want to thank everyone for their support. It means a lot to me and keeps me strong in the darkest moments. Here are some current thoughts: Giggle Academy is progressing well and will be a big part of my life in the next few years. I will continue to invest in blockchain/decentralized technology, artificial intelligence, and biotechnology. I am a long-term investor and care about impact, not returns. I will also devote more time and money to philanthropic (and educational) causes. I already have some rough ideas for this. I am still working on my book, about 2/3 of the way done. Writing a book is much more work than I expected, but I will finish this one. He talked about doing education in prison, and it seems that he will continue after he is released. CZ's influence is still very large, so this sector may become an independent sector in the future. Worth paying attention to!#CZ #BTC