![]() For example, Ivan on Tech Academy is one of the top blockchain education platforms in the world. With that said, you should keep in mind that there are also many other ways to educate yourself regarding cryptocurrencies. In this article, we are going to inform you about Weiss Crypto Ratings, and the first step in grasping why crypto ratings are interesting and what they are is to understand credit rating agencies. However, what is Weiss Crypto Ratings more exactly? ![]() Weiss Ratings has been around for almost 50 years now, and they are an independent financial rating agency. They rate more than 100 different cryptocurrencies, such as Bitcoin, Ethereum, and Ripple. ![]() ![]() Weiss Crypto Ratings advertise themselves as the world’s first rating system for cryptocurrencies. One actor claiming to finally solve this issue is Weiss Crypto Ratings. Wouldn’t it instead be handy if there were some “crypto ratings”, in the same vein as the credit ratings presented by “the big three”, i.e. However, this only presents a somewhat crude snapshot of the current popularity of different cryptocurrencies. ![]() Granted, one can look at relative market dominance, where Bitcoin is the clear leader followed by Ethereum. Nevertheless, the crypto industry is still somewhat lacking when it comes to tools for rating the different cryptocurrencies and altcoins. Now, with cryptocurrencies becoming increasingly popular as an asset class, people look to crypto for everything from preserving wealth to even believing blockchain technology, decentralized finance and crypto could replace the traditional finance system. Moreover, similar types of ratings are available for most asset classes, with many actors offering ratings for various stocks, companies, or even financial instruments. Traditional investors tend to look closely at so-called “credit ratings” in order to judge the creditworthiness, or perceived “quality”, of a borrower. ![]()
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