Bitcoin, Ethereum, XRP Are Leaders On Weiss Ratings’ List
Weiss Ratings released an updated list of the leading crypto. The financial ratings agency is tracking 125 cryptos, and it’s ranking each of them according to the level of technology and adoption.
They are also checking out the risk-reward potential for investors.
The ratings go from A+ to E- but none of them actually has the A rating.
Bitcoin, Ethereum and XRP ratings
The Daily Hodl reveals that “Bitcoin and Ethereum both earn a B-, with BTC gaining a slight edge on the risk/reward factor. XRP comes in at third with a C+. It garnered a slightly lower score than BTC and ETH in both the technology/adoption and risk/reward categories.”
See the rankings below.
You may recall that not too long ago, Weiss Ratings stated that Cardano is “clearly superior” to EOS.
“Not only does EOS have problems with centralization, but lately, the network has also been unable to process any transactions for anyone who doesn’t have a substantial amount of EOS locked up and staked,” they wrote.
Weiss ratings continued and explained that “This is a result of EOS trying to go with a feeless structure.”
We recommend that you head over to the complete ratings to check out all the details.
Optimistic crypto predictions
Despite the high volatility of the crypto market, all kinds of optimistic predictions regarding the price of BTC are popping up.
For instance, not too long ago, we reported that a popular crypto analyst said that a breakdown of BTC’s past bull market cycles could be an indicator of where the crypto will be heading next.
He believes Bitcoin “will reach its next top in December of 2022, about 1,400 days after its primary bottom of $3,220 in December of 2018,” as cited by the Daily Hodl.
He said that BTC could reach $120,000.
At the moment of writing this article, BTC is trading in the red, and the most important coin in the crypto space is priced at
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Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.