Daily News Headlines | Latest Crypto News (8th May) | Cryptoknowmics

Here are the top 5 crypto news for the day!

Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we

know it, in the coming days.

DappRadar Announced $5 million Raise in Series A Funding

Lithuanian data tracking company DappRadar has announced the raise of $5 million in Series A funding. As per the announcement, the startup will make use of the funding to magnify its brand recognition. Lead investors in this Series A round were Blockchain.com Ventures, Proses Ventures, and NordicNinja VC.

DOGE Co-founder Reveals the Reasons Behind its Price Rise

Billy Markus, who created Dogecoin back in 2013 with Jackson Palmer has taken to Twitter to share his take on the recent Dogecoin rally. According to him, the Dogecoin market is hugely driven by emotion and sentiment. The price of DOGE in the market is moved by people’s decisions, made for their personal reasons.

Ripple Quarterly XRP Market Report Highlights Liquidity Raise

Ripple has underlined the growing demand for On-Demand Liquidity (ODL) in its quarterly XRP Markets Report. The report from the San Francisco-based blockchain company includes Ripple’s existing lawsuit with the SEC and sales-related development of the company. 

1 out of 4 Americans Sees Dogecoin as the Future of Crypto: Survey

A survey from Gamblers Pick, a gaming entertainment website, found that 1 out of 4 Americans sees Dogecoin as the future of cryptocurrency. Researchers also found that 23% of investors are expecting to see the meme-based cryptocurrency hit $1 in 2021.

ACS Will Now Accept Dogecoin Donations

The American Cancer Society (ACS) is now accepting Dogecoin donations along with 15 previously supported coins. This move of American Cancer Society aims to raise $1 million through its crypto cancer fund.