As the cryptocurrency and blockchain industry moves into the mainstream, more companies and organizations will need to start taking notice to keep up with the latest technology. The latest to acknowledge the ever-growing presence of digital currencies is Weiss Ratings. In a notice on their website, the independent financial ratings agency announced that they were […]
As the cryptocurrency and blockchain industry moves into the mainstream, more companies and organizations will need to start taking notice to keep up with the latest technology. The latest to acknowledge the ever-growing presence of digital currencies is Weiss Ratings.
In a notice on their website, the independent financial ratings agency announced that they were going to issue letter grades on cryptocurrencies. The company, founded in 1971, claims to be America’s only 100% independent ratings agency covering stocks, ETFs, mutual funds, insurance companies, banks, credit unions, and now virtual currencies. It currently rates over 55,000 institutions and investments.
Altcoins Rated
According to the announcement, the crypto ratings will be released on January 24th and include Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, TRON, Monero, Bitcoin Gold, and many others.
It is a first for a financial ratings agency which claims that ratings are based on a “groundbreaking model that analyzes thousands of data points on each coin’s technology, usage, and trading patterns.”
Weiss Ratings founder Martin D. Weiss stated:
Many cryptocurrencies are murky, overhyped and vulnerable to crashes. The market desperately needs the clarity that only robust, impartial ratings can provide. …
Read more –> click here all content is copyright Bitcoinist.
Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE..
Powered by ABITCO.IN