Bricasti Design M1 SE - W/ LAN Network Streamer - Version 1.51 V. Denafrips Terminator

I would skip DAC and go straight to all-in-one network streamer. Too many things can go wrong between streamer and DAC unless they are from a single manufacturer using proprietary connection.
Your choice, in addition to Bricasti, should include Linn (pioneer in network streaming), Naim (catching up in the last few years), dSC (top dog in DAC but late to the party with network streaming), Lumin (started llife as Taiwan knockoff of Linn that sounded worse), Ayre (genius at designing old-world digital, but don't have in-house know-how on network streaming), Esoteric (sounds like dSC, same issue with dSC and late to network streaming). Did I forget anyone?

@thinman2  Both are excellent choices.

I've heard both, and owned the Denafrips Terminator.

Denafrips has an active FaceBook page and we have a thread here on the forum:

https://forum.audiogon.com/discussions/denafrips-dac-owner-impressions-feedback-general-discussion-que

I disagree on the point that "Too many things can go wrong between streamer and DAC unless they are from a single manufacturer using proprietary connection." My experience has found otherwise.

@chesebert  has a solid list in his above post. Within his choices, the Lumin X1 stands out (in my opinion) as an ~ all in one option. 

Another option to add to chesebert's list: an audio friend of mine is considering the Merging+NADAC 

Both the X1 and Merging (new) are a bit above your 10K budget. Since each eliminates a few components, they may apply...

For reference, my Denafrips Terminator system chain was:

Small Green Computer > Sonore Signature Rendu SE > Terminator

I replaced the Terminator (as well as the Sonore and my Pre) with the T+A SDV 3100 HV recently.

He forgot the obvious....MSB. And Esoteric doesnt sound like DCS..notice he wrote DSC???  Clueless

riaa, you are correct: MSB is an obvious choice. However, it (configured) is likely outside of the OP’s budget.

Just get any DAC you want that takes USB and connect to the Nucleus you don't need a network streamer. If you're planning on getting rid of the Nucleus then you would need one. If you want to move the Nucleus all you need is a roon bridge to connect to any DAC you're interested in.