The Bloomberg U.S. Financial Conditions Index Plus has risen in recent weeks, surpassing an unprecedented three standard deviations above normal levels and signaling an extraordinary level of risk-taking in the financial markets. This risk augurs an increase in regulatory activity, especially when it comes to digital assets. The Plus index was created to ... READ MORE >
digital assets
CHART OF THE DAY: How stablecoins are helping lay the groundwork for digital currencies
For much of the short history of digital assets like bitcoin, their buyers have used them mostly as a store of value -- like gold. Their price volatility is one reason that they have not gained greater acceptance as a means of exchange, like a traditional currency. But there are signs that is about to change with the rise of stablecoins -- or digital ... READ MORE >
CHART OF THE DAY: Institutional investors warm to digital assets
Bloomberg’s Galaxy Crypto Index, which includes Bitcoin, Ethereum and three other digital assets, has rallied from a 52-week low of 177 last March to a high of 1,650 in January — its highest point since January 2018. The index measures the performance of the largest cryptocurrencies traded in U.S. dollars. Cryptocurrencies, and their underlying blockchain ... READ MORE >