New York Trend Online
Serving New York City, Nassau, and Suffolk Counties

Despite Crypto Crash, These Companies Are Filling Hundreds Of Crypto Jobs

Photo by Gustavo Fring: https://www.pexels.com/photo/confident-businessman-with-laptop-talking-on-smartphone-in-workplace-4173204/
  • Deloitte has the highest number of open positions with 144 crypto-related vacancies in the last seven days, followed by ex-Twitter CEO Jack Dorsey’s Block (formerly Square) and Cash App with 59 and 24 new crypto-related roles in the last seven days, respectively
  • Just less than a quarter (22.31%) of crypto-related job roles posted in the last week are remote working positions, with hybrid working or location-based jobs available in 45 states
  • Over 500 crypto-related jobs in the United States have been posted in the last seven days from companies including TIDAL, Meta, Bitcoin, Bloomberg, Fidelity Investments and Bank of America, with estimated salaries ranging from $46,900 to $218,000. 

This week as the price of Bitcoin tumbled, Coinbase has reportedly fired almost one-fifth of its employee base, citing the economy, market conditions, and over-hiring as the main reasons. 

Despite the turbulence in the crypto market, companies of all sizes are still betting on the capabilities of blockchain technology to be part of their future, and are posting blockchain and cryptocurrency job vacancies every day. 

Cryptojobslist.com has scoured jobs board Indeed to identify which companies have actively posted cryptocurrency jobs and which states have the greatest number of open job roles in the last seven days.

The study reveals multinational professional services giant Deloitte has the highest number of open positions in cryptocurrency, with 144 crypto-related vacancies being advertised in the last seven days. All positions are location-based across 36 states with the highest number of available roles in Florida (17), California (15) and Pennsylvania (11). 

Over the past week, Deloitte’s vacancies make up just over one quarter (25.3%) of all crypto-related job listings on Indeed.

Ex-Twitter CEO Jack Dorsey’s Block (formerly Square) and Cash App have the second and third highest number of available positions, with advertisements for 59 available roles at Block and 24 in Cash App over the last seven days. Most roles at Block are advertised as based in California (34) or remote (31), with some positions available in Texas (6), Utah (3), Georgia (3), Arizona (2), Illinois (2) and New York (2).

Cash App is hiring the highest number of remote working roles out of any company in the study, with 23 positions advertised as remote-working this week.

In the last seven days, there have been new job adverts posted in almost every state, with the exception of Delaware, Kentucky, Maine, Mississippi, Oklahoma and West Virginia.

569 crypto-related jobs were posted in the past week compared to 388 new jobs listed the previous week, with 42 companies posting new job ads on June 16. This means that crypto-related job opportunities on Indeed grew by 46.64% this week compared to the week before, despite the recent market downturn.

Advertisements for crypto-related jobs in the United States have been posted in the last seven days from companies including TIDAL, Meta, Bitcoin, Bloomberg, Fidelity Investments and Bank of America, with estimated salaries ranging from $46,900 to $218,000.

The top ten companies with the most crypto job ads posted on Indeed in the last seven days

Rank  Employer Total crypto-related job vacancies (last seven days) Locations
Deloitte 144 Various
Block 59 CA, TX, AZ, NY, GA, IL, UT, remote
Cash App 24 TX, remote
Otis Wealth 14 NY, remote
Sika Corporation  13  NJ, NC, MI, MO, IL, PA
TaxBit 11  CA
Sheesha Finance 11  Remote
Genesis Global Trading, Inc.  NY
Idaho Scientific UT, ID
10  CoinFlip 7 IL, FL

Remote working is the most commonly advertised out of any location, with 127 remote positions posted this week, making up just under one quarter of all recent crypto-related job vacancies (22.31%). Second, third and fourth most commonly advertised job vacancies are based in California, New York and Florida with 98, 61 and 31 crypto job advertisements posted in the last week, respectively.

Commenting on the figures, a spokesperson from Cryptojobslist.com said: “The recent crypto crash has not deterred some of the largest companies in the world from seeking to hire new talent for crypto-related jobs. With Deloitte advertising to fill 144 positions in the last week shows that prolific companies are seeing the long-term value of cryptocurrency and making steps to adopt blockchain technologies as part of their overall business strategy. Despite market turmoil, crypto giants like Binance have announced they are hiring for 2,000 open positions, and we will continue to see the industry grow as a result.”  

END 

About the Author

New York Trend is a weekly news publication that focuses on issues and lifestyles of the African & Caribbean American communities throughout the New York metropolitan area and Nassau and Suffolk Counties of Long Island. It is a respected and well recognized news publication that has been in existence since 1989. Owner, Publisher and Executive Director, Dr. Teresa Taylor Williams has been at the helm of this award-winning publication since its inception. New York Trend continues to be the only black woman-owned, metropolitan newspaper in New York and Long island. New York Trend is the largest black-owned newspaper throughout Nassau and Suffolk counties.