See More

Crypto Jobs on the Rise as Bitcoin Trades Near All-Time Highs

2 mins
Updated by Bary Rahma
Join our Trading Community on Telegram

In Brief

  • Bitcoin's stellar rise and a 54% rally have sparked a surge in crypto market job opportunities, with companies and institutions expanding their teams.
  • Specialized job boards report a significant increase in listings, highlighting the industry's growth and demand for professionals across various roles.
  • Despite past downturns, firms like Coinbase and Fidelity are planning to cautiously increase their workforce, anticipating continued market growth.
  • promo

Bitcoin’s stellar performance, reaching all-time highs and igniting a 54% rally year to date, has led to a significant uptick in job opportunities in the crypto market.

Companies entrenched in digital assets, like Coinbase, Kraken, Binance, and Gemini, are aggressively expanding their workforce. Even traditional financial powerhouses, like Fidelity, are on the lookout for fresh talent, indicating a broader industry revival.

Crypto Jobs on the Rise

Specialized job boards are experiencing a remarkable surge in demand, with postings skyrocketing. BeInCrypto’s Crypto Jobs in Web3, for instance, reported an uptick in job listings between January and March, boasting more than 8,400 postings. Companies like Chainlink Labs, Ledger, and Animoca Brands are looking to fill different crypto positions, from Marketers to Engineers and Content Writers.

Alex Ramzhev, Talent Acquisition Specialist at BeInCrypto, optimistically noted, “The tide is shifting,” signaling strong growth prospects for the industry. This resurgence is closely tied to the crypto market’s overall health.

Read more: How to Use BeInCrypto Jobs Board: A Step-by-Step Guide

Industry titans like Coinbase, for instance, are witnessing a 330% increase in trading volume over the past year. Meanwhile, the company’s shares, COIN, reached a 115-week high of $276, leading CFO Alesia Haas to reevaluate her workforce.

“We do plan some modest investment in headcount in 2024,” Haas said.

COIN Shares Price
COIN Shares Price Performance. Source: TradingView

Fidelity and BlackRock are also ramping up their crypto-related hiring efforts. The former is looking for an Investment Risk Vice President while the latter is searching for a Global Markets Lawyer. This indicates a keen interest from traditional financial institutions in tapping into the growing crypto market.

Read more: Top 13 Highest Paying Web3 Jobs: A Comprehensive List

The revival of business development roles, previously slashed during downturns, reflects the sector’s robust recovery and its readiness to scale in anticipation of future demand. Despite previous crypto layoffs amidst a market downturn, firms are now cautiously but optimistically planning to increase their headcount, aligning with the market’s growth trajectory.

Top crypto projects in the US | May 2024

Trusted

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Frame-1934.png
Bary Rahma
Bary Rahman, a talented journalist, graduated from New York University with a degree in Journalism. Skilled in SEO, she has worked with CNN, showcasing her investigative skills and storytelling abilities. In addition to her journalistic accomplishments, Bary has contributed her expertise as a content writer for Binance, crafting insightful articles on the dynamic crypto industry. Her unique fusion of journalism and SEO makes her a versatile and highly respected figure in the industry.
READ FULL BIO
Sponsored
Sponsored