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The number of cryptocurrency-related job postings has skyrocketed in 2021, according to new data from professional job-based social network Linkedin. The increase was even higher than the overall increase in tech-related job postings. The nature of these positions is also diversifying, and various industries require people with knowledge of cryptography.
Linkedin says crypto work is on the rise
One analyze Cryptocurrency job postings found by the cryptocurrency job sector produced by job-based social network Linkedin soar Even compared to other growth areas, 2021 is the same. Job postings including “Ethereum,” “Bitcoin,” and “Cryptocurrency” are up nearly 400 percent in 2021 compared to the previous year, the company said. Growth in the field has even outpaced tech, where job listings have grown just 98% over the same period.
The analysis concluded that this demand is related to the influx of funds that flooded the crypto environment last year: $30 billion flowed into the crypto ecosystem last year, leading many companies to need people to develop crypto-related projects. The public exposure of cryptocurrencies and the new bull market that took off last year have also been linked to this growth.
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While most positions are related to finance and software development, other industries such as accounting and consulting are also now looking for cryptocurrency-savvy talent. Staffing and computer hardware services were also mentioned.
Crypto firms are also poaching executives and employees from other financial and tech companies as the space grows in popularity. This phenomenon occurs not only in the United States, but also in other countries where cryptocurrencies are popular, such as South Korea. The country saw an exodus of financial officials last year, when government officials and former regulators left their jobs, Work for cryptocurrency exchanges.
The boom in cryptocurrencies has also led to some companies dabbling in the space Jump The cryptocurrency bandwagon has created cryptocurrency jobs for traditional companies such as Accenture, KPMG, PayPal Holdings Inc. and JPMorgan Chase, which now have departments dedicated to cryptocurrencies.
What do you think of the surge in cryptocurrency-related jobs that has occurred in the last year? Let us know in the comments section below.
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