State Street expands MediaStats for Bitcoin : vimarsana.com

State Street expands MediaStats for Bitcoin


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State Street Corporation has announced the launch of a new Bitcoin Thematic Indicator series to help contextualise the popularity of Bitcoin and how it is impacting traditional financial markets, by quantifying media coverage of the cryptocurrency. 
It would measure the intensity or prevalence of the media coverage relative to all news of the day, as well as the sentiment of news over a period of time. 
The new series expanded the State Street MediaStats Thematic Indicators offering which was launched in November 2020 in partnership with MKT MediaStats. 
The indicators analyse digital news sources to generate daily sentiment signals for various assets to help institutional investors form a more complete picture of what factors are driving their portfolios and overall markets. 

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