Crypto industry responds to BLS report

TheDigitalArtist / Pixabay

With the US job market beginning to slow this month after a feverish six months of gains, one industry flying ahead of many others is blockchain. Buoyed by rapidly growing popularity of cryptocurrencies like bitcoin, Dash and Cardano, the jobs market within the blockchain industry has continued to flourish. More than 6,200 blockchain-related job advertisements are currently listed on LinkedIn, up from just 1,000 in June last year, which represented a 3x growth spurt on the previous year.

Nolan Bauerle, head of research at CoinDesk and State of Blockchain Report author:

“The numbers only show part of the scale of growth. In June last year, one of the first smart contracts to run was half way through a record setting $5bn for early stage ICO financing in 2017. Part way through that boom, professionals poured in and helped provide expertise in things like treasury management. Some part of the current selloff in cryptocurrencies is probably the result of growth finance by blockchain companies. The types, varieties, and locations of talented people the industry attracted leave it in a position to pounce.”


David Wachsman, Founder and CEO of blockchain agency Wachsman:

“In 2017, the number of jobs in blockchain grew by 200%, and I expect to see this trend continue throughout 2018. The blockchain industry is among the most vibrant in America, with room for creativity and outside-the-box thinking to shape and reshape the way we think about many other industries, from payments and finance to social media and even to fashion. As blockchain continues to become a more mature technology, the industry supporting it will cement its position as a hotbed of opportunity for dynamic and rewarding careers for every pathway.”


For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)

About the Author

Sheeraz Raza
Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)

Be the first to comment on "Crypto industry responds to BLS report"

Leave a comment