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.
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.
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 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.
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.