73 articles
News
Bittiraha - Finland Bitcoin broker since 2012
Bittiraha.fi is a historical Finnish retail Bitcoin broker and crypto news portal operating since 2012. Today it is a Coinmotion Oy brand with FIN-FSA MiCA CASP licence. In-depth review of how Bittiraha fits into the Coinmotion group structure and whether it suits Baltic and Nordic users in 2026.
Bittiraha.fi is the oldest Finnish Bitcoin service - founded in 2012 in Jyväskylä when Henry Brade and eight partners established Prasos Oy. In 2016 the company acquired the Coinmotion platform, and in 2020 Prasos rebranded as Coinmotion Oy. Bittiraha generates approximately 22% of group revenue and specialises in simple BTC purchases for Finnish retail customers via EUR SEPA. In June 2025 Coinmotion became the first company in Finland to receive the FIN-FSA MiCA CASP licence. In this in-depth review we analyse Bittiraha history, how it fits into the Coinmotion group, fees, security standards, and why it is not the optimal choice for active traders.
toms-abeltins· 11 Jun 2026· 9 min read
News
Qivalis - 37 European banks euro stablecoin 2026
Amsterdam-based Qivalis is a consortium of 37 European banks from 15 countries planning to launch a MiCA-compliant euro stablecoin in H2 2026. The largest coordinated on-chain finance initiative by European banks, challenging US dollar dominance in stablecoins
37 European banks from 15 countries have formed the Qivalis consortium to launch a regulated euro stablecoin in the second half of 2026. The founders - BNP Paribas, ING, UniCredit, CaixaBank, Danske Bank, SEB and others - started with 12 banks in December 2025, but the consortium tripled to 37 members on 20 May 2026. An EMI licence application has been filed with the Dutch central bank. Fireblocks supplies the technology infrastructure. This is a direct response to US dollar stablecoin dominance ($320B market, 95% dollar) where euro stablecoins still account for under 1%. In this detailed review we analyse the Qivalis structure, strategic significance and why it matters to Baltic and Nordic users.
toms-abeltins· 11 Jun 2026· 7 min read
News
Crypto June 10: CPI at 4.2%, BTC reclaims 62K
Daily review of the June 10 (Wednesday) global crypto market - top 15 coins, stablecoins, NFT, ETF flows and regulation. US May CPI hit 4.2% year-over-year, but soft core inflation (+0.2% m/m) gave the market relief: Bitcoin bounced to ~$62,339 (+2.2%), Ethereum ~$1,652 (+1.3%). Liquidations ~$331M with an intraday short squeeze. Yet Bitcoin ETFs -$77M, Ethereum ETFs -$41M, and Humanity Protocol revealed the cause of its $36M theft - a single compromised laptop.
On Wednesday, June 10, the crypto market moved to the rhythm of US inflation data. May CPI reached 4.2% year-over-year (highest since 2023), but core inflation of +0.2% m/m came in softer than forecast - Bitcoin hit $62,410 within an hour of the release and ended the day around $62,339 (+2.2%). Ethereum +1.3% to ~$1,652, Solana +1.7%, BNB +1.5%, while XRP -0.3% and HYPE -3.3% (-21.4% on the week). Liquidations cooled to ~$331M; in the 4-hour window ~77% were shorts - a short squeeze. ETFs stayed negative though: Bitcoin funds -$77M, Ethereum funds -$41M, only XRP funds +$7.4M. Humanity Protocol revealed that its $36M theft came from one employee laptop holding multisig keys. Fear index at 9 - near the historic low.
toms-abeltins· 11 Jun 2026· 10 min read
News
Crypto exchanges 10.06: SEKAU live, Bitcoin below 61,000
Bitcoin slides below USD 61,000 - its lowest level since October 2024, AllUnity launches SEKAU, the first regulated krona stablecoin, and 20 days remain until the MiCA deadline.
Wednesday 10 June in the Baltic and Nordic crypto sector: Bitcoin slides below USD 61,000, marking its lowest opening price since October 2024, AllUnity launches SEKAU, the first regulated Swedish krona stablecoin, the Qivalis euro stablecoin project grows to 37 banks, and 20 days remain until the end of the MiCA transition period.
toms-abeltins· 11 Jun 2026· 5 min read
News
Penning acquires Veli - first MiCA-era consolidation
Danish MiCA CASP-licensed Penning has acquired the wealth-management business of Lithuanian crypto investment platform Veli to build a new Penning Wealth division. One of the first MiCA-era M&A examples where a Nordic operator absorbs a Baltic customer base
Denmark's Penning, one of the first MiCA CASP-licensed crypto service providers, announced in June 2026 the acquisition of Lithuanian Veli UAB's wealth management business and the launch of a new Penning Wealth division. Financial terms remain undisclosed. Veli is a Serbian team-founded Lithuanian platform specialising in long-term crypto portfolio management. After the deal, Veli UAB continues as a separate legal entity under its existing ownership, but all EU customers are migrated by the end of June to Penning's MiCA-passported environment. This is one of the first MiCA-era consolidation examples that ESMA had flagged as a typical exit for unlicensed operators.
toms-abeltins· 10 Jun 2026· 6 min read
News
Crypto June 9: BTC slips to 61.6K, bounce fails
Daily review of the June 9 (Tuesday) global crypto market - top 15 coins, stablecoins, NFT, ETF flows and regulation. Bitcoin failed to hold $63,000 and slipped to ~$61,612 (-4.0% on the day), Ethereum ~$1,651 (-3.1%), HYPE -7.0%. Liquidations ~$343M, ~74% of them longs. Meanwhile institutions buy the dip: Strategy +1,550 BTC, BitMine +126,971 ETH, Ethereum ETFs +$82M.
On Tuesday, June 9, the crypto market gave back Monday's bounce. Bitcoin failed to hold the $63,000 zone and slipped to ~$61,612 (-4.0% day, -10.3% week), Ethereum fell to ~$1,651 (-3.1%), XRP ~$1.14, Solana ~$65, BNB ~$591, while Monday's leader HYPE lost 7.0%. Liquidations cooled to ~$343M, but the scales flipped against longs (~$254M or ~74%) - late buyers got caught. Open interest declined in both BTC and ETH. The ETF picture turned two-sided: Bitcoin funds -$91M (IBIT -$233M against inflows elsewhere), Ethereum funds +$82M. Institutions are buying the dip: Strategy +1,550 BTC, BitMine +126,971 ETH. Fear index at 10, BTC MVRV ~1.1 - near historic bottom territory.
toms-abeltins· 10 Jun 2026· 10 min read
News
Crypto exchanges 09.06: 21 days to MiCA deadline
A quiet Tuesday on the region’s exchanges: 21 days to the end of the MiCA transition, Bitcoin recovers above USD 62,000, Danish Penning acquires Lithuanian Veli, Estonia still awaits its first CASP licence.
Tuesday 9 June passed without new licensing decisions in the Baltic and Nordic crypto exchange sector, but the MiCA countdown continues: 21 days remain until the end of the transition period. Bitcoin stabilises near USD 63,000 and Danish Penning acquires Lithuanian Veli.
toms-abeltins· 10 Jun 2026· 5 min read
News
Crypto June 8: BTC back above 63K, shorts squeezed
Daily review of the June 8 (Monday) global crypto market - top 15 coins, stablecoins, NFT, ETF flows and regulation. Bitcoin recovered above $63,000 (~$63,690, +2.7% on the day) after dropping below $60,000 over the weekend, Ethereum bounced to ~$1,689 (+3.7%), HYPE led with +11.2%. Liquidations ~$604M with a short squeeze (~$462M). Stablecoins USDT and USDC hold their pegs. Weekly losses remain deep.
On Monday, June 8, the crypto market caught its first real breather after the previous week's selloff. Bitcoin recovered above $63,000 (~$63,690, +2.7% on the day) after dipping below $60,000 over the weekend - the first time since 2024. Ethereum bounced to ~$1,689 (+3.7%), XRP ~$1.17, Solana ~$67, BNB ~$604, while HYPE was the day's leader at +11.2%. Still, weekly losses remain deep (BTC -10.3%, SOL -15.7%). Liquidations cooled to ~$604M, and this time short sellers got hit (~$462M) - a classic short squeeze. Stablecoins USDT (~$187B) and USDC (~$76B) hold their pegs. The NFT market sits near record lows. Spot Bitcoin ETFs lost $1.72B the prior week. Sentiment: cautious relief-bounce mode under macro pressure.
toms-abeltins· 9 Jun 2026· 10 min read
News
Crypto exchanges 08.06: 22 days to MiCA deadline
The region’s supervisors return to work after a quiet weekend. 22 days to the MiCA deadline: only 17% of EU operators hold a CASP licence, Firi expands into Sweden, Estonia still without licences.
Monday 8 June marked the start of the final working stretch in the Baltic and Nordic crypto exchange sector: 22 days before the MiCA transition ends, the region’s regulators returned to their desks. A recap of licensing progress across the Baltics and Nordics.
toms-abeltins· 9 Jun 2026· 6 min read
News
Crypto June 7: BTC ~61K, market stabilizes
Daily review of June 7 (Sunday) global crypto market - top 15 coins, stablecoins, NFT, ETF flows and regulation. After touching the $60,000 mark on Saturday, Bitcoin recovered to about $61,400 (around +1% on the day), Ethereum bounced above $1,600 (around +3%), Solana to ~$64. Stablecoins USDT and USDC hold their pegs; stablecoin supply on Solana ~$15.4B. ETF markets closed Sunday, outflow streak at 14 days.
On Sunday, June 7, the crypto market caught its breath after a brutal week of selling in thinner weekend trading. Bitcoin, which had touched the $60,000 mark on Saturday, recovered to about $61,400 (around +1% on the day), yet still ~51% below the October record of $126,198. Ethereum bounced above $1,600 to ~$1,630 (around +3%), near a 14-month low. Solana recovered to ~$64 (around +3%), XRP ~$1.15, BNB ~$628. HYPE stabilized after the June 6 unlock (~23.8% of supply). Stablecoins USDT (~$190B) and USDC (~$77-78B) hold their pegs; stablecoin supply on Solana reached ~$15.4B. ETF markets closed Sunday - outflow streak at 14 trading days, total assets ~$82.8B. Sentiment: extreme fear, macro pressure from rate fears and Middle East tension.
toms-abeltins· 8 Jun 2026· 10 min read
News
Crypto exchanges 07.06: a quiet Sunday in the Baltics
Sunday passed with no new regulatory decisions. Weekly recap: only 17% of EU operators hold a CASP licence, Firi expands, and 23 days remain to the end of the MiCA transition.
Sunday 7 June passed with no new regulatory decisions in the Baltic and Nordic crypto market. A recap of licensing progress across the region and the EU, 23 days before the MiCA transition ends on 30 June.
toms-abeltins· 8 Jun 2026· 6 min readNews
Crypto June 6: BTC nears $60K, HYPE unlocks $690M
Daily review of June 6 (Saturday) global crypto market - top 15 coins, stablecoins, NFT, ETF flows and regulation. Bitcoin slid to about $60,600, approaching the $60,000 mark - roughly 52% below the October record of $126,198. Ethereum held below $1,700, near a 14-month low. Hyperliquid (HYPE) unlocked ~$689.7M worth of tokens (~23.8% of supply). Stablecoins USDT and USDC hold their pegs; Circle issued 750M USDC on Solana. Thinner weekend trading.
On Saturday, June 6, the crypto market extended its sell-off in thinner weekend trading. Bitcoin slid to about $60,600, approaching the psychologically important $60,000 mark - roughly 52% below the October record of $126,198 and the lowest since late 2024 (around -14% on the week). Ethereum held below $1,700, around $1,650, near a 14-month low. The day's central event: Hyperliquid (HYPE) unlocked ~$689.7M worth of tokens (~237-238M, or ~23.8% of supply), a day after losing 17% on Arthur Hayes' sell-off. SOL ~$66 (around -15% on the week), XRP ~$1.13. Stablecoins USDT and USDC hold their pegs; Circle issued 750M USDC on Solana, Mastercard preparing stablecoin settlements on Solana (3.7B cards). ETF markets closed Saturday - outflow streak at 14 days, total assets ~$82.8B.
toms-abeltins· 7 Jun 2026· 10 min read