May 17, 2024

Ethereum price will reach $ 10,000

Ethereum price will reach $ 10,000

Garry Tan, co-founder of the venture capital investment firm Initialized Capital, is confident that the currentthe trajectory of the price of ether (ETH) leads the cryptocurrency to the level of $ 10,000. Recently, ETH has renewed all-time highs above $ 3,500, having risen five times since the beginning of 2021.

"Ethereum is heading towards $ 10,000. It's incredible that it still costs $ 3,500. I am delighted with what is happening because it is really programmable money."Tan told CNBC.

At the same time, Garry Tan acknowledged that both bitcoin and ether have a future.

“The same applies to the whole world of cryptocurrencies, because this is an extension of what we are talking about. Tech giants were the first way, and cryptocurrencies are the next. "- he added.

Tan became an early investor in the cryptocurrency exchangeCoinbase in 2012 and, according to its own words, had multiplied its investment by 6,000 times by the time of its public listing last month. In May 2020, with an ETH price of $ 240, he announced that he was once again building up his position in the cryptocurrency. At the same time, he assumed that after him investors would be able to buy ETH at a more favorable rate, however, as further history showed, such opportunities did not arise.

In a conversation with CNBC, Tan also commentedBerkshire Hathaway weekend conference attended by executives Warren Buffett and Charles Munger. Munger said he hated the success of bitcoin, in his opinion, contrary to the interests of civilization, and Buffett refused to answer the question about cryptocurrency.

“These are incredible legends, Buffett and Munger.We can learn a lot from them. I would never write them off as people worth paying attention to. They laid down the fundamental principles that define what it means to be a great investor. But we can agree with them or disagree "Tan said.

However, the CNBC host and former executiveHedge fund Jim Cramer today announced that he has sold half of his ETH after the cryptocurrency hit another high. With the proceeds he bought a new Hummer. In mid-April, Kramer similarly disposed of bitcoins to pay off the mortgage.

Where is it more profitable to buy Ethereum? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Ethereum price will reach $ 10,000

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