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Love them or hate them, the Kardashian family has created an empire. All together, the clan has an estimated net worth over $1 billion.
And now, Kim Kardashian has her eye on Bitcoin…
On July 29, the reality-TV star participated in the "If Only" Texas Hold'em Charity Poker event in Los Angeles, which raises funds for cancer research.
In a temporary Instagram post, she shared a picture of a physical Bitcoin on a poker table with the caption, "We moved onto bitcoin!"
Because of her massive following of 114 million Instagram users, this is a positive development. It will bring more attention to the crypto market, and more attention will bring more demand for crypto coins.
That helps prices climb.
Here is a recap of the top five cryptocurrencies by market cap as of 10 a.m. ET:
|Cryptocurrency||Market Cap||Price||Change (24h)|
|Bitcoin Cash (BCH)||$14,013,318,863||$811.64||-1.42%|
Now here's a closer look at the top cryptocurrency stories of the day…
The Top Cryptocurrency Stories for July 30
- A Bitcoin exchange-traded fund (ETF) could just be a few months away. Fatfish Internet Group CEO Kin-Wai Lau told CNBC that there's a strong institutional demand, and it shows the markets are ready to embrace an ETF.
- According to a new Gallup poll, only three in 10 investors surveyed said they "knew something" about digital currencies. The majority of respondents (67%) said they had heard of cryptocurrencies but didn't know much about them. However, 26% of the respondents said they were "intrigued" by Bitcoin. Anyone who owns a Bitcoin now is still an early adopter, and early adopters always stand to make the largest gains.
- Finally, Charlie Lee, the creator of Litecoin, will serve as an advisor to HTC Exodus. The electronics firm is developing a blockchain smartphone that will come with a cold storage wallet for cryptocurrencies, according to CCN.com. The phone should be available in Q3.