Coinbase Recieves Bermuda License, Russian Central Bank Calls for Crypto Mining

Market Update Crypto markets have continued to slide, with $BTC down 3.3% after ~$260m in long derivative liquidations yesterday, the highest level seen this year. $BTC is trading below $29k for the first time in the last ten days, at $28.5k as of writing. $ETH is below $2k for the first time in a week, currently at $1.94k. Liquidation levels on perpetual swaps derivatives that allow traders to leverage their positions have continued to rise this year as investors gain conviction from further market strength. According to data from Coinglass, the market was positioned heavily long leading up