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A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions “investors should be skeptical.” Weiss Ratings Editor Doesn’t Believe Crypto and Mortgages Mix According to […]Powered by WPeMatico
Weiss, the financial ratings agency that recently took a shine to cryptocurrency, has caught flak over its latest claim. After Weiss Ratings issued a tweet predicting BTC to lose 50% of its market share to ETH, the firm was forced to backtrack in the face of widespread scorn. It’s not the first time Weiss has […]
The post Weiss Ratings Backtracks After Tipping Ethereum to Beat Bitcoin appeared first on Bitcoin News.
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Bitcoin is a permissionless ledger. In plain English, that means you don’t need to ask anyone’s damn permission to use it. There are no terms and conditions to read, no checkbox to tick, and no forms to sign before you can send or receive bitcoin. But if some people had their way, pseudonymous cryptocurrencies, as […]
The post Apocalyptic Predictions About Privacy Coins Are Very Wide of the Mark appeared first on Bitcoin News.
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In today’s edition of Bitcoin in Brief we feature stories that show how fast and nimble banks that support cryptocurrency-based businesses are benefiting at the expense of the larger players that have yet to enter the market, how more financial institutions want to join and how crypto ventures are making it easier for them. Also […]
The post Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street appeared first on Bitcoin News.
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What to make of NEO? The Chinese blockchain is, on paper, the most successful Asian cryptocurrency project to date. It’s listed on most major exchanges, boasts high trading volume, hosts numerous ICOs and has smart contract functionality. Not everyone is impressed though. Critics have called NEO a centralized, expensive, and unusable disaster. So which interpretation […]
The post NEO Is Either a Raging Success or a Total Disaster appeared first on Bitcoin News.
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On January 24, investment ratings company Weiss Ratings released its ratings of 74 cryptocurrencies. While the list is only available for purchase, it was possible to access it for free under a specific subdomain on the company’s site, which allowed many individuals to download, share, and read the list. While some individuals were elated to see strong ratings for their personal favorites, many more were infuriated and perplexed by the seemingly unresearched or even random grades given. Ethereum and EOS topped the ratings, each receiving a solid B, while Bitcoin was assigned an unimpressive C+. Founded in 1971, Weiss Ratings hasPowered by WPeMatico
Financial ratings agency Weiss has just released its much-hyped cryptocurrency review. The eagerly-anticipated report rates 74 of the most popular cryptocurrencies on the market, scoring them from A to D. Such was the level of interest in the report, the company’s website was knocked offline as interest peaked on Wednesday morning. Weiss Ratings include some […]
The post New Weiss Ratings for Cryptocurrencies Award No “A”s and Score Bitcoin a C+ appeared first on Bitcoin News.
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