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

Apr 20, 2023
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 m

Unlock this article with a FREE 30-Day Trial!

An Fundstrat Pro, or Fundstrat Crypto subscription is required in order to access this content.

Fundstrat Direct footer logo

150 East 52nd St, 3rd Floor New York, NY 10022

SUBSCRIBE TO OUR FREE RESEARCH REPORTS

An institutional-grade report delivered to your inbox every week.

© 2026 Fundstrat Direct. All rights reserved.

Illustrations by Karl Wimer.