In a recent interview with CNBC, Michael Sonnenshein, managing director of crypto investment firm Grayscale, revealed that business has been good despite the bear market that’s drained almost $600 billion from the market cap. Not only that, most of their in-flowing money is institutional.
Weiss Ratings, a company that rates financial institutions, banks and stocks, has recently released an updated list of cryptocurrency ratings. After reviewing 3,000 cryptocurrencies, they rated over 111 and determined that only four were considered a “buy” (B- or higher). Those four are XRP, Stellar, EOS and Cardano.