• Business - Economy
  • Updated: January 19, 2022

How Crypto Job Posts Skyrocketed 395% in 2021

New job adverts containing terms such as "Bitcoin," "Ethereum," "blockchain" and "cryptocurrency" grew 395% in the United States of America just last year alone.

This information was released by the biggest job engine site, LinkedIn, to show how much traction cryptocurrencies and blockchain technology have gained in our society.

As most cryptocurrencies were enjoying massive price increases last year, job opportunities in the crypto and blockchain spaces were springing up, making it the fastest career area for millennials and those just fascinated by the digital economy.

The LinkedIn report stated that crypto jobs soared by exactly 395% in the United States alone.

Cointelegraph also revealed that the crypto industry outpaced the wider tech industry, which also saw remarkable development, almost doubling its number of job listings. However, at 98% growth, the tech industry dwindles in comparison to crypto jobs, which gained by a whopping 395%.

Furthermore, no industry was safe from "crypto-ization" in 2021. The LinkedIn news post offered valuable insight into how crypto is influencing other industries:

While most of the job postings were in software and finance, other industries are also seeing a rise in demand for crypto talent. These include professional services like accounting and consulting, as well as the staffing and computer hardware sectors.

Taking a critical assessment of the technology sector, the biggest exchanges in crypto, such as Coinbase, Kraken, and Binance, have more than 250, 300, and 600 job postings this year alone.

This development has shown how dynamic and lucrative crypto and blockchain jobs are becoming. It is also a reminder to tech enthusiasts to look into digital currencies as a means to enhance relevance in this growing sector, especially as governments all over the world begin to adopt bitcoin as legal tender or develop their own digital currencies.

Allnews.ng technology writer, Lawrence Agbo, applauded this development and encouraged the government to partner with global blockchain experts to help establish training centers in our higher institutions of learning.

“Some months ago, Nigeria was ranked the number 1 country in Africa for cryptocurrencies transactions and number 4 in the world. It is important that the government take advantage of our position and utilize the abundant human resource available in the country so as to increase our importance and relevance in the global digital technology ecosystem.”

"Critically examining the technology contribution to GDP, it has become very essential for the government to intensify her drive to diversify the economy using technology and especially blockchain.”

“I advise the federal government of Nigeria to please partner with blockchain companies in the USA, the UK, or Russia to open up tech hubs devoted primarily to blockchain education", he concluded.

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Okojie Kelvin Echiejile
Okojie Kelvin Echiejile

I am an astute, dedicated, devoted, and intelligent investigator of economic, and financial news and...

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