Yesterday, Weiss Ratings held an “emergency crypto briefing” yesterday mid-day where the team discussed their strategy behind their cryptocurrency gradings. The notorious ratings bureau was founded in 1971 and has since graded everything from insurance plans, stocks, mutual funds, and financial institutions. The Weiss team took on grading cryptocurrencies late January of this year. Many have been looking for a researched and unbiased metric to gauge cryptocurrency, as investors currently seek advice for cryptocurrency investing from either forums, facebook groups, or colleagues.
During the web conference, the Weiss team’s econometrician and mathematician, Juan M. Villaverde, spoke …
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