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 […]
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Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans.
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A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some short-term selloffs. Robust Bull Market in the Making Weiss Crypto Ratings’ Juan Villaverde explained last week that long-term fundamentals […]
The post Long-Term Fundamentals Signal Robust Crypto Bull Market Fueled by Reckless Money Printing, Defi appeared first on Bitcoin News.
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Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into cryptocurrencies add to the bullishness. Why Weiss Ratings Is Bullish on Bitcoin Weiss Ratings analysts […]
The post ‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year appeared first on Bitcoin News.
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In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained 103% since then rising from $3,800 to $7,750 per coin. With the halving fast approaching, many cryptocurrency proponents believe the […]
The post Bitcoin Halving Theories: Whale Says Price Rise Is a ‘Nonsensical Narrative,’ Weiss Ratings Expects ‘Massive Crypto Superboom’ appeared first on Bitcoin News.
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Weiss Ratings has downgraded EOS once again, taking its ranking from a B to a C-. The group cites “failure to decentralize,” “misallocation of resources,” and a congested network as reasons for the fall in rank. “Weiss Crypto Ratings model is not based on opinion. It’s driven by data,” the group claims. In this article […]
The post Weiss Ratings Downgrades EOS to ‘C-‘ Due to Centralization – How Other Coins Measure Up appeared first on Bitcoin News.
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Weiss Crypto Ratings has published a report outlining its crypto industry outlook and rankings of 122 cryptocurrencies using four different models. The coins with the highest ratings are BTC, EOS, XRP, and BNB. The rating for BTC has been upgraded due to the coin’s various improvements. Also read: Indian Supreme Court Set to Hear Crypto […]
The post Weiss Ratings Now Favors BTC Out of 122 Cryptocurrencies appeared first on Bitcoin News.
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Bitcoin has recovered its $3,500 support level after seeing slight losses to trade just above $3,400. In the past 24 hours, the currency has gained a modest 1.76 percent to trade at $3,500 on most major markets. On Bitfinex, the currency was trading at $3,538 at press time. Most of the other cryptos have seen […]
The post Bitcoin Recovers $3,500 As Weiss Ratings Reveals This Is The Best Time To Invest appeared first on NullTX.
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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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