Crypto associated job postings with titles containing phrases like “bitcoin,” “ethereum,” “blockchain” and “cryptocurrency” grew 395 per cent within the US from 2020 to 2021, outpacing the broader tech trade — which noticed a 98 per cent enhance in listings throughout the identical time interval, based on a latest LinkedIn report.
It must be famous that whereas a lot of the job postings had been in software program and finance, different industries are additionally seeing an increase in demand for crypto expertise. These embrace skilled companies like accounting and consulting, in addition to the staffing and pc {hardware} sectors.
In keeping with LinkedIn information, a few of the most typical titles searched on LinkedIn included blockchain builders and engineers. The San Francisco Bay space, Austin in Texas, New York Metropolis, Miami-Fort Lauderdale and Denver had been the areas that had probably the most crypto job postings in 2021, LinkedIn advised MarketWatch.
In the meantime, in 2020, the 5 areas with probably the most crypto job listings had been the San Francisco Bay Space, New York Metropolis, the Raleigh-Durham-Chapel Hill space in North Carolina, Larger Philadelphia and Los Angeles.
Information by Pitchbook means that the hiring demand surged final yr amid traders pouring $30 billion into crypto and blockchain startups in 2021. To not neglect excessive profile tech evangelists like Elon Musk, Jack Dorsey and celebrities like Snoop Dogg, Eminem and in Bollywood Amitabh Bachchan, Salman Khan and Ranveer Singh endorsing crypto.
In the meantime, India is but to desk the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in Lok Sabha. The Invoice additionally seeks to ban all non-public cryptocurrencies in India; nonetheless, it permits for sure exceptions to advertise the underlying know-how of cryptocurrency and its makes use of.
Regardless of these regulatory hurdles, India ranks second in cryptocurrency adoption, the 2021 International Crypto Adoption Index revealed. Investments in cryptocurrency elevated considerably in 2021 in India, with cryptocurrency trade WazirX witnessing a report buying and selling quantity of over $43 billion in 2021— accounting for over 1735 per cent progress from 2020.
Bitcoin (BTC), Tether (USDT), Shiba Inu (SHIB), Dogecoin (DOGE), WazirX Token (WRX), and Matic (MATIC) had been the most-traded cryptocurrency on the trade. Girls traded extra in Bitcoin, whereas males traded extra in Shiba Inu.
Cryptocurrencies together with Dogecoin, Ethereum and Shiba Inu additionally topped ‘Google’s 2021 Yr in Search’, which the Alphabet-owned search engine launched this week. “Dogecoin” and “Ethereum value” had been the highest 10 most-Googled information tales of the previous yr, throughout the globe.
