The U.S. Securities and Exchange Commission (SEC) has recently approved the listing of ETFs that invest in the cryptocurrency Ether, a move facilitated by thorough reviews of applications from Nasdaq, Cboe Global Markets, and the New York Stock Exchange. 

These spot Ethereum ETFs align with the requirements of the Securities Exchange Act, although the SEC must still approve individual asset manager applications before trading can begin. 

This development comes on the heels of the SEC’s cautious approval of bitcoin ETFs and has been well received by the crypto community and asset managers eager to launch these funds, such as VanEck. Spot Ethereum ETFs offer investors a way to gain exposure to Ether without directly purchasing or managing the digital asset. 

This is significant as Ether underpins the Ethereum network, a platform for smart contracts and decentralized applications, and is the second-largest cryptocurrency by market capitalization.

It’s important to note that owning an ETF does not provide the same anonymity or direct utility as owning actual Ethereum, which may influence investor decisions

However, if you are seeking to purchase Ethereum. Baltisee Virtual Unit can offer payments via Kiosks, Online Portal and our Over the Counter Platform for large transactions!

The post Ethereum ETF Approval! appeared first on Baltisee Virtual Unit.

On May 22, 2010, Florida resident Laszlo Hanyecz made what is considered the first real-world transaction using Bitcoin by purchasing two Papa Johns pizzas for 10,000 bitcoins (BTC).

 At the time, these bitcoins were valued at approximately $41 USD, making each bitcoin worth just under $0.10. Fast forward to today, and those same coins would be worth around $700 million, given the current Bitcoin price of about $70,300 USD. This transaction not only represents the most expensive pizza purchase in history but also marks a pivotal moment for the adoption of digital currencies.

This day highlights the humble beginnings of crypto commerce and its evolution into a revolutionary force in the global financial landscape. Bitcoin and other cryptocurrencies continue to demonstrate their potential to transform how we conduct transactions, promising a more diverse and innovative financial future.

In celebration of this groundbreaking event, Baltisee Virtual Unit invites you to explore the world of cryptocurrencies. You can make purchases through our kiosks across Canada, our online platform, or our Over-The-Counter (OTC) service for larger transactions.

Join us in commemorating a key milestone in the world of Cryptocurrency!  

The post Bitcoin Pizza Day : Marking a Milestone in Digital Currency Adoption! appeared first on Baltisee Virtual Unit.

Now in 2024, Craig Wright, an Australian claiming to be the Nakamoto, ignites a firestorm of controversy within the crypto community. This claim has led to a legal showdown in the United Kingdom, where the Cryptocurrency Open Patent Alliance (COPA) is challenging Wright’s assertion. COPA argues that Wright’s litigious behavior, based on his claim as Bitcoin’s creator, is deterring developers from the project and seeks a court declaration to refute his claims definitively.

Wright’s attempt to substantiate his claim has been heavily questioned, most notably through a video  demonstration due to apparent inconsistencies and questionable evidence. COPA’s legal team, led by Jonathan Hough, presented compelling evidence that contradicted Wright’s narrative, highlighting the discrepancies in his account.

The courtroom narrative was replete with contradictions and challenges to Wright’s credibility, leaving many questions about Bitcoin’s origins unanswered. Despite the legal entanglements and the quest to uncover Nakamoto’s identity, the interest in Bitcoin remains high.

For those looking to engage with Bitcoin away from the courtroom drama, Baltisee Virtual Unit’s Bitcoin Kiosks and online platform offer a straightforward and accessible means to purchase cryptocurrency.

The post Satoshi Mystery: Wright vs. COPA in Court appeared first on Baltisee Virtual Unit.

The Baltisee Virtual Unit Story

Empowering Digital Finance

Baltisee Virtual Unit is fueled by the ever-changing dynamics of the Bitcoin and cryptocurrency industry. With a fervent drive to enhance crypto accessibility and an agile stance towards regulatory nuances, we are poised for growth. 

Do you align with our vision? Discover your future with us by exploring career opportunities.

About Us

The post Careers appeared first on Baltisee Virtual Unit.

Host a Bitcoin ATM

Boost foot traffic and revenue by hosting a Baltisee Virtual Unit ATM on your property. 

Partner With Us

Why Host a Bitcoin ATM?

Elevate Your Business

Increased Visibility & Traffic

Hosting a Bitcoin ATM boosts visibility and draws more customers to your property, potentially increasing sales.

Extra Revenue Stream

Earn a steady monthly fee for hosting a Baltisee Virtual Unit ATM, a reliable source of additional income.

Stay Ahead of the Curve

Demonstrate your forward-thinking approach by embracing the future of finance with Baltisee Virtual Unit.

why work with us ?

Benefits Of Partnering With Baltisee Virtual Unit

Map Listings

All our ATMs receive comprehensive listings on Google Maps, Bing Maps, Apple Maps, and CoinATMRadar, amplifying your property's presence. Baltisee Virtual Unit ATM listings on Google Maps receive an average of 7700 views per day.

Marketing Boost

For all new ATMs, we distribute a professional press release, spotlight it in our weekly email newsletter, and orchestrate promotion across all our social media channels.

Seamless Setup

The Baltisee Virtual Unit team will work closely with you to determine the optimal installation location and have the ATM operating in a few hours.

Ongoing Support

Our team regularly travels across Canada to conduct ATM maintenance, ensuring optimal performance. For technical issues, our support team is always available.

The post Partner appeared first on Baltisee Virtual Unit.