This Week in Crypto – The Giving Block

Key Takeaways

• Donating appreciated crypto assets to charity provides both a tax write-off AND eliminates capital gains taxes—potentially saving significantly more than donating cash (example: donating $1M in Bitcoin vs. $1M cash could save ~$150K in capital gains taxes)
• Crypto donors are 40% more charitable than stock traders according to Fidelity Charitable data, making them a high-value demographic for nonprofits to actively recruit
• Use the Giving Block's Cause Funds feature to donate to bundles of nonprofits by cause (e.g., food and water, human rights) in a single transaction, reducing decision fatigue and maximizing impact like an index fund strategy
• Donating crypto doesn't reduce your holdings—you can donate appreciated assets, take the tax deduction, then use the cash you would have donated to repurchase crypto at today's higher cost basis, effectively improving your position
• Visit thegblock.com to access 800+ verified nonprofits accepting crypto (including Saint Jude, American Cancer Society, United Way), donate via simple wallet address transfer, or sign the Crypto Giving Pledge to commit 1% of holdings annually to charity