JustGiving, a UK-based fundraising platform, has collaborated with The Giving Block, a digital asset company, to enable cryptocurrency donations. Users can now donate in over 60 cryptocurrencies, including Bitcoin, Ethereum, Tether, and Doge. This move aligns with the current surge in the crypto market, as Bitcoin recently reached a new high of over $94,000. JustGiving, with a track record of raising $7.2 billion (£6 billion) for various charities over 24 years, aims to cater to a tech-savvy demographic, as 94% of crypto users are Millennials and Gen Z. The Giving Block emphasizes the importance of charities embracing cryptocurrency donations, given that 580 million people globally use cryptocurrencies, with a market value of nearly $3 trillion. Their joint efforts have already resulted in over $2 billion in charitable donations in the past five years, as per The Giving Block's 2024 Annual Report. Read more AI-generated news on: https://app.chaingpt.org/news

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