What is Bloomberg? Its Role in the Crypto Market & Its Influence in Indonesia

Bittime - In the era of crypto and blockchain, accurate information and data are crucial. One of the biggest names in traditional finance entering the crypto space isBloomberg. 

Many people ask, “What is Bloomberg?” and “What is Bloomberg’s role in crypto?”

In today's digital age, understanding Bloomberg's role is crucial, especially for young investors, business owners, and the crypto community. 

This article will discuss Bloomberg, its contributions to the crypto world, and its latest initiatives through the Bloomberg New Economy.

Bloomberg: History & Core Services

Bloomberg L.P. Founded in 1981 by Michael Bloomberg and his colleagues, the company provides financial data, software, and news media.

One of its very famous products is Bloomberg Terminal, which allows institutional users to access real-time data, market charts, analysis and news.

Bloomberg services include:

• Bloomberg News & media (global financial news)
  
   
• Bloomberg Terminal: professional tools for capital markets & analysis
  
   
• Indeks digital asset & data crypto
  
   
• Institutional analysis & research
  
   
• New analytical products such as “Digital Asset Exposure Analytics” to help institutions measure their crypto exposure.

Read Also: Indonesia's Crypto Tax Regulations 2025: What Will Change Starting August 1st?

Bloomberg's Role in the Crypto World

1. Real-Time Data & Price Provider

Bloomberg Terminal provides real-time data for over 50 crypto assets. Institutional investors can monitor prices, volatility, correlations, and historical data directly from their terminals.

2. Digital Asset Index

Bloomberg offers a series of digital indexes —digital asset indices— which tracks the performance of crypto assets in a diversified and transparent manner. This index is used for benchmarking, capital market products, or portfolio analysis.

3. Crypto Asset Analysis & Exposure for Institutions

Bloomberg recently launched a new tool,Digital Asset Exposure Analytics, which helps banks and asset managers see how much exposure they have to crypto assets.

4. Crypto News & Trends Coverage

Bloomberg has a divisionBloomberg Cryptowhich regularly publishes news, interviews, market data, and videos about blockchain and crypto projects.

5. Institutional Credibility & Standards

Due to Bloomberg's reputation as a major financial data provider, its involvement helps validate and “formalize” the crypto space in the eyes of institutional investors.

Many traditional investors are starting to include digital assets in their portfolios with the support of Bloomberg data.

Impact in Indonesia & Examples of Involvement

• Bloomberg covers crypto policy in Indonesia, including the government's plans to establish a crypto exchange.
  
   
• Bloomberg reports on local regulatory policies such as bans, Bank Indonesia's views, and domestic crypto exchange initiatives.
  
   
• For Indonesian investors, Bloomberg news and data are an important source, in addition to local portals. Many analysts use Bloomberg data as a benchmark or reference.

Bloomberg New Economy 

Apart from being a provider of financial data and information, Bloomberg also has a strategic initiative calledBloomberg New Economy, which was launched in 2018. Its main goal is to bridge the shift in global economic power from West to East, and from North to South.

Through international forums held in major global cities such as Singapore, Beijing, and Marrakesh, Bloomberg New Economy brings together heads of state, CEOs of multinational companies, global investors, and innovators to discuss strategic issues such as digital transformation, geopolitics, supply chains, and sustainable development.

In April 2025, Bloomberg formedGlobal Advisory Board(Global Advisory Council) to provide strategic direction in facing global challenges. The 7th President of the Republic of Indonesia,Joko Widodo (Jokowi), was officially appointed as a member of the council.

Jokowi's presence on this council underscores Indonesia's important role on the global economic stage, and demonstrates that Asia—especially Southeast Asia—has a significant influence in the world's economic transition.

Read Also: This is the Risk of Hyperinflation from Finance Minister Purbaya's 200T Policy

Advantages & Challenges

Bloomberg's Lead in Crypto

• Credibilityhigh as a financial data provider.
  
   
• Anytime & Real-Time— investors can get instant crypto market data.
  
   
• Analytics & benchmark tools— digital asset index helps creators of financial products (ETFs, derivatives) and comparability.
  
   
• Institutional integration— financial institutions can use terminals, analytics, and crypto exposure directly in their data ecosystem.

Challenges & Criticism

• High costs— using Bloomberg Terminal is very expensive, less suitable for retail investors.
  
   
• Bias towards large assets— Bloomberg data and indexes generally focus on large-cap crypto assets, perhaps under-representing smaller or niche projects.
  
   
• Dependence on traditional markets— as a traditional company, Bloomberg's coverage or methodology is sometimes criticized for not being adaptive enough to the fast-paced crypto dynamics.
  
   
• Limited coverage— some new assets or exchange markets may not yet be included in the Bloomberg terminal.

Read Also: Foreign Crypto Tax in Indonesia: New 2025 Rules and Their Impact

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

FAQ

What is Bloomberg?

Bloomberg is a global financial data and media company that provides services such as financial data terminals, news, analysis & digital asset indices.

What is Bloomberg's role in crypto?

Bloomberg provides real-time price data for crypto, digital asset indices, institutional analysis, and news coverage in the crypto space.

Can ordinary investors access Bloomberg crypto data?

Yes, but with high subscription fees. The majority of terminal users are financial institutions and large investors.

Does Bloomberg data cover all cryptos?

Bloomberg generally covers the largest crypto assets and major liquidity sources through its digital asset index. Smaller assets may not be listed.

How does Bloomberg help crypto investors in Indonesia?

Bloomberg helps with Indonesian regulatory news coverage, market data, and indexes that can serve as references for local analysts.