Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Kramer says he owns a lot of ether, which has tripled Bitcoin 2021

Kramer says he owns a lot of ether, which has tripled Bitcoin 2021

CNBC’s Jim Kramer said on Tuesday that he owns ether, the world’s second-largest cryptocurrency by market value.

“I have a lot of ether,” Cramer told Squawk Box, explaining that he originally acquired it to bid for non-combustible tokens or NFT that were auctioned in March by Time magazine. “I didn’t get it, so I just kept the ether,” he said.

Kramer said he might eventually “buy a house” with his ether, a reference to his recent revelation that he had sold some of his bitcoin holdings to pay off a mortgage. “I now own a house ̵

1; a lock, stocks and a barrel – because I bought this currency,” said Bitcoin, the host of CNBC’s “Crazy Money” on April 15.

Kramer’s comments on Tuesday came as the ether expanded its mass rally so far in 2021, setting a record high of just over $ 3,500. Ether, which runs on the Ethereum blockchain, has risen more than 370 percent so far, with a total market value now of more than $ 400 billion, according to CoinMarketCap.

Bitcoin, which has the largest market capitalization of all digital coins, traded more than $ 55,000 per token on Tuesday, about 15% lower than last month’s record, but still almost double in 2021. Current level The prices put the total market value of bitcoin just over $ 1 trillion, almost half of the entire crypto market.

Cryptocurrencies generally moved further in 2021. The cryptocurrency The direct inclusion of Coinbase in the Nasdaq last month was announced as a major cornerstone for the thriving digital asset industry.

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