Blackstone Makes First Crypto Move With $1M Bitcoin ETF Purchase

Blackstone entered crypto by purchasing $1.08 million worth of Bitcoin ETFs. This marks Blackstone’s first-ever investment in digital assets. BlackRocks iShares Bitcoin Trust ETF (IBIT) shares were added to the Alternative Multi-Strategy Fund run by the firm. The move highlights a shift in Blackstones approach, as the firm historically avoided direct exposure to cryptocurrencies. On […]

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ECB Adviser Claims Bitcoin Lacks Genuine Economic Value

Bitcoin has been gaining attention as a digital currency with the potential to revolutionize the financial market. However, according to an adviser to the European Central Bank (ECB), there is no real economic necessity for Bitcoin’s existence. The ECB adviser stated that Bitcoin lacks the essential characteristics of a currency and does not fulfill any [...]

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BlackStar Seeks SEC Registration for On-Chain Stock Trading

BlackStar Enterprise Group plans to conduct over-the-counter stock trading on-chain and has sought registration with the SEC after two years of development and regulatory communication. (Read More)

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