Australia has rolled out an open banking regime

Australia has rolled out an open banking regime

Finance     •     July 6, 2020, 1:36 pm

This story was delivered to Insider Intelligence Fintech Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry…

Goldman Sachs cuts US GDP estimate, now sees economy shrinking 4.6% in 2020

Finance     •     July 6, 2020, 1:23 pm

Goldman Sachs economists lowered their third-quarter US GDP growth forecast to 25% from 33% on Saturday, citing weak consumer services spending and the strong uptick in national coronavirus…

App Connects Bitcoin and Lightning Payments Directly to Your Bank Account

Cointelegraph.com News     •     July 6, 2020, 1:02 pm

The Strike app hopes to encourage mass adoption of the Bitcoin and Lightning Network by connecting it directly to a bank account or debit card.

Afghan Government to Use Blockchain to Combat Counterfeit Drugs

Cointelegraph.com News     •     July 6, 2020, 12:44 pm

Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs.

A New Price Valuation Model Says $10,670 Fair Value For Bitcoin

The Bitcoin News – Bitcoin and Blockchain News     •     July 6, 2020, 12:29 pm

Seba, a Switzerland based bank, is proposing a Bitcoin valuation model that places its fair value at $10,670. At this price, the model suggests Bitcoin is trading at a significant discount, at just…