New Weiss Ratings for Cryptocurrencies Award No “A”s, Score Bitcoin a C+, and XAS a CWeiss Report Cryptocurrency Ratings
Independent American rating agency Weiss Ratings has announced investment letter grades for bitcoin and other major cryptocurrencies.
The ratings were released on Wednesday, January 24, 2018. Most large cap cryptocurrencies were rated by the company, including bitcoin, Ethereum, , ASCH, Ripple, Stellar, NEO, Tron, Monero, NEM, Cardano, Litecoin, EOS, IOTA, and Dash.
Weiss analyzed 74 cryptocurrencies in total.
Weiss Ratings emphasizes impartial, unbiased investment grades. The ratings are designed to add clarity to the volatile and risky world of cryptocurrency investing. You can access the complete list of rankings by subscribing to the annual Weiss Ratings newsletter priced at $468.
How Did Weiss Analyze Cryptocurrencies?
Weiss Ratings, which has offered independent investment analysis since 1971, analyzed thousands of data points on each coin’s technology, usage, and trading patterns.
Weiss aims to differentiate itself from other ratings agencies (like Standard & Poor’s, Moody’s, and Fitch Group) because it does not accept compensation of any kind from any company that it rates.
ASCH Was Scored a C, compared Bitcoin a C+
Asch, as a Next-Generation Decentralized Application Platform, has already 4 dAPPs built on it and successfully completed two rounds of airdrops of CCTime and upcoming HelloKimi airdrop. It has a large foundation base of Chinese community members and currently entering the western markets. Asch community will continue to grow and a better future yet to come.
https://medium.com/aschplatform/new-weiss-ratings-for-cryptocurrencies-award-no-a-s-score-bitcoin-a-c-and-xas-a-c-6eba89bab45f