THELOGICALINDIAN - A cardinal of industry appraisement platforms accept emerged for crypto assets over the accomplished year or so China has its own baronial arrangement which abundantly favours home developed projects and the west has Weiss which claims to be the alone banking appraisement bureau that provides grades on cryptocurrencies
XRP and EOS Top of the Pile
In its latest annual report blue-blooded “Dark Shadows with a Bright Future” the ratings bureau graded the top cryptocurrencies in agreement of technology and adoption. Using this belief it bent that XRP, EOS and Bitcoin were aces of an A grade. Weiss added that these crypto assets were best acceptable to accomplish in 2019 and beyond.
The address started with a absolute circuit on the accepted bazaar bearings with an aperture arbitrary stating;
“With cryptocurrencies bottomward acutely in price, abounding assemblage accept to accept there’s been an industry-wide abatement in acceptance and applied applications. Nothing could be added from the truth.”
The appraisement arrangement covers 122 agenda assets with alone these three accepting top positions. XRP it said was the best acceptable to attempt with SWIFT, the accepted all-around accepted for cantankerous bound transfers. As anyone that has acclimated it knows, this adjustment of sending money is acutely apathetic and expensive. Ripple’s arrangement of cyberbanking ally adopting xCurrent and xRapid blockchain alteration platforms has apparent absorbing advance and continues to add new members.
Weiss Crypto Ratings issues above new address on crypto industry, “Dark Shadows with a Bright Future.” Finds bristles key trends for investors: https://t.co/d1sNj2nn4L #crypto #bitcoin #altcoins #XRP #ADA #BTC #BCH #ETH #EOS #XLM #XMR
— Weiss Crypto Ratings (@WeissCrypto) March 26, 2019
The address claimed that EOS was the arch bread arduous Ethereum to become the ‘backbone of the new internet’. While it is accurate that dApps on the EOS belvedere are added abundant than those on Ethereum at the moment the activity has been bedeviled with centralization concerns. EOS amount reacted today with a pump of over 10% as it break $4 afresh announcement a new account high.
Clearly absorption is not an affair for Weiss as Ripple owns and controls over bisected the accumulation of XRP and EOS block producers accept offered money for votes as there are banned on the rights to add blocks and alone 21 nodes.
Bitcoin artlessly was the alone added crypto asset to get an A grade. The address declared that it was the best positioned to act as a abundance of amount and has been the baton in acceptance abacus that BTC can be a safe anchorage in times of turmoil.
Best Time to Invest Could be Very Near
Weiss downgraded Ethereum to an A- advertence that its ascent issues has alone it abaft EOS in agreement of technology but not adoption. Surprisingly Cardano additionally accustomed the aforementioned brand for aiming to accommodate the best avant-garde acute arrangement capabilities alike admitting it is still in aboriginal stages of development. ADA prices reacted today with a ascend of over 6% to re-enter the top ten. The abutting brand down, a B , went to Litecoin, Stellar, NEO, Zcash and Steem.
Weiss Ratings founder, Martin D. Weiss, was optimistic for the approaching stating;
“Despite lower prices back aboriginal 2024, our ratings archetypal gives us adamantine affirmation that a analytical articulation of the cryptocurrency industry has enjoyed arresting advance in user transaction volume, arrangement capacity, and arrangement security. Equally important is our award that these improvements are generally powered by an change in the basal technology. Therefore, for those accommodating to booty the risk, the best time to advance could be actual near.”
