Crypto Jobs Remain Attractive Amid Bear Market
Within the past few years, cryptocurrency adoption and acceptance
have dramatically increased. As a result, many developers and other
participants joined the digital asset train to boost the expansion
of the industry. Then came the float of several decentralized
protocols, NFT projects, applications, exchanges, and other
products that distinguish the space. As the crypto space makes more
advancements through impressive innovative technologies, more
people are trooping into the space. While the high volatility of
the assets may be a disadvantage to many participants, not everyone
is backing out because of it. The growth and attraction of the
crypto space are getting more intense despite its bearish market.
The extreme crypto winter in 2022 gave a devastating blow to many
companies that some had to reduce their employees’ strength. But
such incidents are not discouraging finance executives from
plunging into a crypto career. Related Reading: Polygon Seen
Breaching $1 This Week – Can MATIC Start An Uptrend? A recent
report indicates that 21Shares, a European crypto exchange-traded
fund provider, is hiring new staff. The firm announced on Wednesday
that its three primary recruitment is to support its expansion
vision in different countries. It plans to establish offices in
Germany, the United Arab Emirates, and France. 21Shares hired
Marina Baudéan as its new head of France, Belgium, and Luxembourg.
Baudéan had worked at Barclays, a British universal bank, for over
15 years. Her new position in 21shares marks her debut in the
crypto career. While expressing her confidence in digital assets,
Baudéan maintained that cryptocurrency gives a representation of
the technology for the next generation. Furthermore, she mentioned
that crypto assets will always survive despite market volatility
and other factors. Baudéan reflected on the numerous technological
advancements and transformations she witnessed in her career.
Hence, she stated cryptocurrency at this stage has no connection
with the digital trading pattern in the early times. Also, Oliver
Schäfer is now the new head of Germany for 21Shares. Schäfer has a
solid background in traditional finance, having gathered long-time
experience working in several financial firms. Also, Schäfer had
worked at JPMorgan, an American investment bank, for over 15 years.
His last position at the bank was as the former executive director.
Newly Hired Executive Highlights Long-Term Crypto Opportunity As
The Focus Reacting to his new position at 21Shares, Schäfer said
that crypto is more attractive with increasing growth in the space.
So, he expressed his excitement in joining the crypto career while
mentioning his focus is more on long-term opportunities. Schäfer
disclosed that 2020 marked his first cryptocurrency investment.
However, his interest is growing due to the increasing technology
and developments in the industry. Additional, the former head of
asset management of Al Mai Asset Management, Sheriff El-Haddad, is
now with 12Shares. El-Haddad is currently working as head of the
Middle East for 21Shares. Related Reading: XRP Sluggish At
Resistance – Will It Break Out After 2 Months Of Vertigo? The new
hiring by 21Shares indicates that crypto jobs are still attractive
despite its recently bearish trend. Similar recruitment moves were
made by Binance and FTX crypto firms during the bearish market
trend. Featured Image From Pixabay and chart from TradingView.com
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