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 improve in listings throughout the identical time interval, based on a latest LinkedIn report.
It needs to 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 providers like accounting and consulting, in addition to the staffing and laptop {hardware} sectors.
According to LinkedIn information, a number of the most typical titles searched on LinkedIn included blockchain builders and engineers. The San Francisco Bay space, Austin in Texas, New York City, Miami-Fort Lauderdale and Denver had been the areas that had probably the most crypto job postings in 2021, LinkedIn instructed MarketWatch.
Meanwhile, in 2020, the 5 areas with probably the most crypto job listings had been the San Francisco Bay Area, New York City, the Raleigh-Durham-Chapel Hill space in North Carolina, Greater Philadelphia and Los Angeles.
Data by Pitchbook means that the hiring demand surged final yr amid traders pouring $30 billion into crypto and blockchain startups in 2021. Not to overlook 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.
Meanwhile, India is but to desk the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in Lok Sabha. The Bill 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.
Despite these regulatory hurdles, India ranks second in cryptocurrency adoption, the 2021 Global Crypto Adoption Index revealed. Investments in cryptocurrency elevated considerably in 2021 in India, with cryptocurrency alternate WazirX witnessing a file 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 alternate. Women traded extra in Bitcoin, whereas males traded extra in Shiba Inu.
Cryptocurrencies together with Dogecoin, Ethereum and Shiba Inu additionally topped ‘Google’s 2021 Year in Search’, which the Alphabet-owned search engine launched this week. “Dogecoin” and “Ethereum price” had been the highest 10 most-Googled information tales of the previous yr, throughout the globe.
