(MENAFN Editorial) iCrowdNewswire - Feb 11, 2018
Risky Crypto Market to Get the Clarity Only Impartial Ratings Can Provide
Weiss Ratings, the nation's leading independent rating agency of financial institutions, will issue letter grades on cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, Monero, Bitcoin Gold and many others.
The new, to be releasedJanuary 24, are the first by a financial rating agency. They are based on a groundbreaking model that analyzes thousands of data points on each coin's technology, usage, and trading patterns.
"Many cryptocurrencies are murky, overhyped and vulnerable to crashes. The market desperately needs the clarity that only robust, impartial ratings can provide," said Weiss Ratings founder,Martin D. Weiss, PhD. "We're proud to be the first to bring that benefit to investors to help them cut through the hype and identify the few truly solid cryptocurrencies. Our ratings are based on hard data and objective analysis. But they're bound to create controversy, including some grades that may come as a surprise to some people."
Weiss Ratings, which began in 1971, rates 55,000 institutions and investments. Unlike Standard & Poor's, Moody's, Fitch and A.M. Best, Weiss never accepts compensation of any kind from the entities it rates. Its independence and accuracy have been noted by the U.S. Government Accountability Office (GAO),Barron‘s,The Wall Street Journal, andTheNew York Times, among others.
Martin Weissand his lead analysts will be available for interviews at the North American Bitcoin Conference inMiami,January 18-19, or by phone. ContactJoy Howell, 202-302-5932 for more information or to arrange an interview.
About Weiss Ratings:Barron‘scalled Weiss Ratings "the leader in identifying vulnerable companies." The profit performance of Weiss Stock Ratings was ranked #1, as reported inThe Wall Street Journal,ahead of all major rating agencies and research companies covered, including Goldman Sachs, Morgan Stanley, Merrill Lynch and Standard and Poor's. The U.S. Government Accountability Office (GAO) reported that Weiss Ratings of U.S. life and health insurers greatly outperformed those of Moody's, Standard & Poor's and A.M. Best. More information on Weiss Crypto Currency Ratings can be found at.
Contact Information:Contact Joy Howell, 202-302-5932
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