Markets News Stocks 

Spotify’s risky IPO reveals a valuation crisis, not a Wall Street revolution

“The debt investors had the right to convert the debt to stock during the IPO at a 20 percent discount” writes Chris O’brien for venturebeat.com. When Spotify’s stock starts trading, it’s going to be facing a lot of unknowns in terms of who will buy it and how much they will buy.The IPO market in the U.S. has been pretty awful the last couple of years, but it’s been particularly harsh for unprofitable companies that don’t offer a clear road to profitability.However, that debt came with some onerous terms that…

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Crypto News 

A certified financial planner explains just how risky of an investment bitcoin is

“Lauren Lyons Cole, a certified financial planner and senior editor at Business Insider, explains the risks of investing in cryptocurrency” writes Lauren Lyons Cole for businessinsider.com.au. The bottom line is if you’re investing in bitcoin, you need to be prepared to lose everything in case that happens.And so if you are investing in bitcoin, you’ve got to know how much risk you can handle.But with an investment like bitcoin, no one really knows where it’s going to go. Source: businessinsider.com.au Share This:

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Crypto News 

Mexican Authorities Call ICOs Illegal, Cryptocurrencies Risky

“According to El Economista, the legislature will not regulate bitcoin and cryptocurrencies themselves” writes unknown author for cryptocoinsnews.com. CNBV, the country’s securities regulator, joined other government authorities in stating that Mexico does not recognize cryptocurrencies as a legal form of payment.Only seasoned investors should experiment with cryptocurrencies, authorities said, adding that they should be on the lookout for signs of fraud. Source: cryptocoinsnews.com Share This:

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Crypto News 

Coinbase’s founder has a warning for bitcoin investors: ‘Invest responsibly’

“A new signpost was added to the crazy financial ride known as bitcoin on Friday when Coinbase, arguably the best-known bitcoin broker on the market, sent a warning message to investors: “Please invest responsibly.”” writes Re Code Net for cnbc.com. “We also wanted to remind customers of some of the risks associated with trading digital currency,” Coinbase CEO Brian Armstrong wrote in a blog post.One bitcoin was worth $1,000 in January. Source: cnbc.com Share This:

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Crypto News 

The Coinbase founder sent a warning to bitcoin investors: ‘Please invest responsibly’

“As of Friday morning, a single bitcoin had increased in value by more than $5,000 since Monday, a jump of more than 50 percent, according to Coindesk” writes Dec Est for recode.net. The fact that trading could be unavailable to some users is also a big deal as the price of bitcoin has been fluctuating significantly by the hour this week.All investing is risky, of course, and anyone investing in the stock market should know that prices fluctuate, and things can come crashing down at any moment.One bitcoin was worth…

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Crypto Futures News 

Bitcoin futures remind one expert of the risky products that caused the financial crisis

“Exchange giant CME Group announced on Tuesday that it will launch bitcoin futures products, and many corners of the market erupted in celebration” writes Finanzen Net Gmbh for businessinsider.com. Before you know it, there will be many ETFs, and they’ll all be based on underlying exchanges that aren’t legitimate.In his mind, the main issue with these newly-proposed futures is that bitcoin exchanges operate in lawless fashion.And it’ll be because nobody did the due diligence into the underlying exchanges.Business Insider spoke to Saluzzi by phone, and this is what he had…

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Crypto News 

Bitcoin throwdown: Analysts spar on whether the cryptocurrency is a good deal or too risky

“But Lee, of Fundstrat Global Advisors, has said he sees bitcoin going to $25,000 in five years and possibly $55,000, and he has endorsed the Bitcoin Investment Trust, calling it an “attractive buy.”” writes Liz Moyer for cnbc.com. Lee said on CNBC that buying the Bitcoin Investment Trust is a way to capture most of the potential rise in bitcoin with more liquid exposure and he admits bitcoin is a “very risky” investment in and of itself.Andrew Left, a bitcoin critic, and Tom Lee, an all-in admirer, squared off Wednesday…

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News 

‘We can’t just keep doing what we’ve been doing’: King County tries risky alternative to youth jail

“Shortly afterward, detectives arrived at his home, cuffing Vincente and bringing him to a holding cell at juvenile detention” writes Claudia Rowe for seattletimes.com. With no prior record and not so much as a detention at school, Vincente became the second youth Hung approached with the peace-circle alternative. Source: seattletimes.com Share This:

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