Bitcoin donations to a $16 billion charitable fund are soaring

Bitcoin is red hot these days. The price of the cryptocurrency is up about 140% since the beginning of this year. And now it looks like bitcoin’s popularity among the charitable is also on the rise.  According to the recently released Fidelity Charitable 2017 Giving Report, donations made in bitcoin to Fidelity Charitable, a $ 16 billion donor-advised philanthropic fund, grew to about $ 9 million in the first half of 2017. That’s about $ 2…

"Bitcoin donations to a $16 billion charitable fund are soaring"

Bitcoin is soaring — here’s what the cryptocurrency is all about

Bitcoin is a currency just like the US dollar or Mexican peso. It’s also back in the headlines after soaring in value. One bitcoin was worth $ 2,800 on May 25, up from $ 1,200 at the end of April. In countries that accept it, you can buy groceries and clothes just as you would with the local currency. Only bitcoin is entirely digital; no one is carrying actual bitcoins around in their pocket. Bitcoin is…

"Bitcoin is soaring — here’s what the cryptocurrency is all about"