RATE Group | Bitcoin will rise because Wall Street is joining in
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Bitcoin will rise because Wall Street is joining in

Bitcoin will rise because Wall Street is joining in

  • Alexis Ohanian, co-founder of Reddit and Managing Partner at Initialized Capital, said that big players from the Wall Street invest in Bitcoin (BTC). 
  • After the market crisis in March, the ecosystem has entered a “crypto spring”.

In recent weeks, the “Community Points” project launched by Reddit has been celebrated in crypto space as a game changer. Launched on the Ethereum blockchain, the project aims to introduce new incentives to promote the creation of quality content.

In a recent interview, Reddit co-founder and Managing Partner of Initialized Capital, Alexis Ohanian, said that these kinds of initiatives are evidence of a new era for the crypto space. Ohanian believes the industry is in a “crypto spring”:

I try not to track prices, I can’t predict any of that stuff. What I can say is we really do see a crypto spring right now in terms of top-tier engineers, product developers, designers, building real solutions on top of the…

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