|Bid||64.58 x 800|
|Ask||64.90 x 900|
|Day's Range||62.07 - 70.74|
|52 Week Range||40.83 - 368.90|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||6.77|
|Earnings Date||Aug 08, 2022 - Aug 12, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||177.32|
India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India's central bank has backed a ban on cryptocurrencies over risks to financial stability, a federal government move to tax income from them has been interpreted by the industry as a sign of acceptance by New Delhi. CoinSwitch, which is valued at $1.9 billion, says it is the largest crypto company in India with more than 18 million users.
Yesterday's rather dismal performance in the cryptocurrency market has many investors down. As of 1 p.m. ET, Cardano (CRYPTO: ADA), The Sandbox (CRYPTO: SAND), and Binance Coin (CRYPTO: BNB) each regained some of yesterday's losses. Interestingly, Cardano is among the blockchains that's seeing interest build on this crypto market sell-off.
Robinhood (NASDAQ: HOOD) and Coinbase (NASDAQ: COIN) were both once considered disruptive fintech companies. Robinhood challenged traditional brokerages with commission-free trades for stocks, exchange-traded funds (ETFs), options, and cryptocurrencies. Coinbase emerged as one of the world's largest cryptocurrency exchanges.