Major Crypto Exchanges Ramp Up Hiring as Market Sentiment Turns Bullish
CryptoNewsTerminal Staff24 May, 2024
Major Crypto Exchanges Ramp Up Hiring as Market Sentiment Turns Bullish
Major global cryptocurrency exchanges are ramping up hiring as the market regains bullish momentum. Around 10 major exchanges, including Binance, Coinbase, and OKX, are said to have over 1,200 new job openings currently. According to DL News, the exchanges’ hiring sprees mirror the optimistic market sentiment, which has been fueled by Bitcoin’s new all-time high in March, anticipation over an Ethereum spot ETF approval, and increased venture capital investments. “We are in the middle of a bull run unlike anything we’ve seen before,” said Sam Wellalage, founder of WorkInCrypto. “There is so much to be done from a hiring perspective.” The industry had shed 13,500 jobs since April 2022 in the United States, but the recent market upswing has led to a reversal of this trend.
