The other two ratings D and E represent "weak" and "very weak" respectively.
Also, and possibly a sign of other coins they may make traceable, the app will allow for tracking of Bitcoin Cash, Litecoin, Ripple, Ethereum Classic, Zcash, Monero, Dash, Stellar, Qtum, Bitcoin Gold, Dogecoin, OmiseGo, NEO, and Lisk.
"... Thanks to Bitcoins strong adoption, brand, and security, it does merit an A ... but only on our Fundamental Index". But it is encountering major network bottlenecks, causing delays and high transactions costs.
The rating notes added: "Despite intense ongoing efforts that are achieving some initial success, bitcoin has no immediate mechanism for promptly upgrading its software code".
No-commission stock trading app Robinhood is set to start letting some users buy and sell Bitcoin and Ethereum.
South Korea, which is a huge market for cryptocurrency, is banning anonymous trading bank accounts next week, and France has also talked about increasing regulations to stop the use of such currencies to fund terrorism and dodge tax. To receive crypto ratings you first need to register and then pay for access.
As mentioned above, none of the digital currencies rated by Weiss received an A rating.
According to CNBC, Weiss' tough take is a trademark of the 47-year-old independent financial ratings agency. "Despite extreme price volatility, cryptocurrencies have a bright future and the potential to deliver unusually large profits to investors. New regulations would mean people would feel safer investing in cryptocurrencies, as fraudulent brokers will be excluded from the market". "They need the clarity that only robust, impartial ratings can provide". But last night, we had more than 100,000 unique visitors in a matter of hours, nearly entirely from Asia, until early this morning, when more of the traffic rolled over to Europe.
"Since our customers are nearly entirely in the USA, we rarely get more than small amounts of traffic from Asia".
"But last night, we had more than 100,000 unique visitors in a matter of hours, nearly entirely from Asia, until early this morning, when more of the traffic rolled over to Europe". The Palm Beach Gardens, Florida, company responded to the cyberattacks by expanding its server capacity.
If you're investing in bitcoin or ethereum and anxious about the high transaction fees charged by cryptocurrency exchanges like Coinbase, there is good news on the way!