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Litecoin [LTC]: Hollywood introduced to Litecoin; Sponsors Mammoth Film Festival in California

on February 06, 2019 AMBCrypto

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Two men arrested in Oklahoma after stealing $14 million worth of CMCT tokens

on September 30, 2018

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Litecoin [LTC]: Hollywood introduced to Litecoin; Sponsors Mammoth Film Festival in California

Litecoin has taken another major step in the cryptocurrency universe and further consolidated its position as a widely accepted virtual currency. On January 5, Litecoin announced on their official website that the foundation is delighted to be sponsoring the 2 nd annual Mammoth Film Festival which will be held at Mammoth Lakes, California for the time period of 7 th to 11 th February 2019. The film festival which premiered in the year 2017, was considered one of the largest first film festivals ever organized. Source: Twitter The announcement should herd in an enormous amount of attention for the virtual currency as several members of the litecoin foundation will be interacting with various high profile filmmakers, actors, celebrities and festival attendees and endowing them with pivotal knowledge regarding cryptocurrency while also helping them set up crypto wallets to experience the efficiency of litecoin unmediated. The website also stated that the various winning filmm...

Charitable Organisations Increasingly Receiving Donations in Cryptocurrency

Charities are increasingly accepting of cryptocurrencies as donations. This potentially exposes them to the same level of risks and rewards as those investing in the space. Charities Take Cryptocurrency Risk Giving Wealthy Donors Tax Breaks Thanks to nuances in U.S. tax legislation, many individuals that have been newly enriched by cryptocurrency are favouring making donations to charity in cryptocurrencies. By giving assets rather than hard cash, donors can get deductions on their tax returns along with the bonus of not having to pay the government for the capital gains made. The meteoric rise of Bitcoin and other cryptos over the last few years has meant that many individuals are sitting on massive capital gains. The above bonuses incentivises them to donate the digital assets themselves to the charity, rather than converting them to fiat and writing a cheque. Perhaps the biggest holder of cryptocurrency donations is the Silicon Valley Community Foundation – an organisation ...

The Bitcoin Chart 2017-2018: The Best Lessons you can learn About Trading Psychology, Discipline and Bubbles

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