Bitcoin’s price fails to hold recovery signs to drop below $7.9K, & Other News

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In order to make sure that you are always on top of the most pertinent crypto news, we've prepared a short digest of today's hottest articles:

Bitcoin price Fear & Greed Index turns blood red under 8K — Time to buy?

Bitcoin's price dropped out of the descending triangle, causing a level of extreme fear throughout the entire crypto market.

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Bitcoin's price fails to hold recovery signs to drop below $7.9K

Bitcoin is down 5.3% over the past 24 hours at press time, seeing a massive drop of more than 21% over the past 7 days.

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Telegram to award devs $400K in TON blockchain smart contracts contest

Global messaging app Telegram announced a coding competition for building smart contracts for the Telegram Open Network Blockchain.

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SPONSORED: Economic turmoil: The chances and challenges for blockchain and crypto

With the global economy in such disarray, is there an opportunity for cryptocurrencies and blockchain to save the day? In this article, we're going to look at the chances and challenges facing the industry right now, as well as how this technology is already making an impact.

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 Tweet of the day

ING chief economist Mark Cliffe says central banks could move towards issuing digital currencies within 2-3 years, given Facebook's Libra project

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