Watcher Guru gives you unparalleled, unbiased coverage of crypto & finance in real-time.
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Over $575,000,000 in leveraged short positions have been liquidated from the crypto market in the past 12 hours.
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JUST IN: 🇺🇸🇫🇷 Meta $META to build new undersea cable connecting the United States and France, capable of carrying 1 petabit per second.
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JUST IN: 🇪🇺 European Central Bank officially launches digital euro payments for tokenized transactions between banks.
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JUST IN: $250,000,000 worth of shorts liquidated from the crypto market in the past 30 minutes.
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JUST IN: 🇷🇺 Russia holds talks with major banks and financial firms to expand access to the crypto market.
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JUST IN: 🇺🇸🇨🇳 US and China officially begin trade talks in New York ahead of President Xi Jinping's visit.
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• China has been reducing its holdings for over a decade, down from around $1.3 trillion in the early 2010s to $618 billion today.
• The decline accelerated after 2022 as China became more concerned about relying too heavily on US assets.
• Foreign governments are buying fewer US Treasuries, while hedge funds and other investors are buying more.
• Weaker foreign demand is helping push Treasury yields higher, with the 30-year yield recently hitting a nearly 20-year high.
• Higher yields mean the US government has to pay more to borrow money.
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