Connect with us

Blockchain

How to get a cryptocurrency job in 2019

With the recent downturn of the market, the cryptocurrency sphere opened many new opportunities to ambitious young people who are looking to get a cryptocurrency job in 2019. And by job, we don’t necessarily mean becoming an ICO advisor, but actually specialising in a specific part of a company’s growth. But how does one go

The post How to get a cryptocurrency job in 2019 appeared first on Web's Most Useful Blockchain Articles.

Republished by Plato

Published

on

With the recent downturn of the market, the cryptocurrency sphere opened many new opportunities to ambitious young people who are looking to get a cryptocurrency job in 2019. And by job, we don’t necessarily mean becoming an ICO advisor, but actually specialising in a specific part of a company’s growth.

But how does one go about choosing and finding the job opportunity best suited for him?

DEFINE YOUR IDEAL JOB POSITION

Most job positions available in the cryptocurrency sector are related to coding and development. If you are one of the few that want to work in front-back end development jobs, you can skip this step.

This chapter is written mostly for people who are looking to acquire a new skill that will help them get a cryptocurrency job in 2019, less than one year since the skill acquisition. Some of the most sought after, easy to learn, skills in the sector are the following:

-Marketing & Community managers

-Graphic designers

-Customer support

-2D/3D animators

-Content creators

Start by choosing which job best suits your skills and lifestyle. If you are a good writer already, consider a specialisation in cryptocurrency content management. If you are more experienced with communication and quick problem solving, you should consider customer service.

TAKE A COURSE AND PERFORM ADDITIONAL RESEARCH

In order to kickstart your immersion in your newly chosen path, I would recommend you find an online course that can help you learn the skills you need.

There are many different options and pricetags, but my personal choice would be to go with Udemy. Their course are extremely underpriced and the value you get, if you choose the right course, is unparalleled.

Once your course has started, spend at least 2-3 hours per day practicing your skills and doing further research on how you can apply these skills to the cryptocurrency sector.

A good place to start is by reading forums related to cryptocurrency or to your specific skill. If you want to get a cryptocurrency job in 2019, you need to know exactly what your employer is looking for and offer it before he asks for it.

OFFER YOUR SERVICES FOR FREE

Now that you have taken a course in your new skill and have practised enough to be considered at least “good” in what you do, it is time to build up a portfolio that you can show to your prospective employer.

To do that, the best way is to offer your services for free.

Send sample articles to your favourite cryptocurrency blog, develop some aesthetically pleasing graphics for new Social media posts of your favourite coin. Be ready to do some free gigs. If you work consistently, within a month you should have at least 10-15 work examples to show to your potential employer.

START ASKING FOR PAID POSITIONS

Now that you have your portfolio built, its time to finally start chasing. To get a cryptocurrency job in 2019, you will have to stand out of an enormous competition. How will you do this? There are many ways. Here are some tips to remember:

-Do not apply directly to the application button. Instead, spend some time to discover who the HR manager of your (potential) employer is and contact him/her directly via email. The easiest way to do this is by downloading Snovio, a Chrome extension that helps you get emails from linkedin profiles.

-Keep it concise. Don’t over complicate your request and do not talk about yourself. Instead, focus on the value you will be able to provide to the company.

-Everything you say must be formulated in a way that shows the employer you have done your homework regarding the company. What are their pain points? What are some current problems they are facing?

-In the end, ASK. Be unapologetic. Offer your help and state that this will be a paid job. Whether you decide to work for a given company as a freelancer or as a employee, you have to be able to let your character shine through the first email.

This step by step process helped me and many other people in my Social circle get a cryptocurrency job, with 3 to 6 months of continuous effort. You can do the same, only now, your competition will be way less, due to the results of this grueling bear market.

Source: https://railsonwave.it/get-cryptocurrency-job-2019/

Blockchain

CBOE files to list Van Eck’s proposed Bitcoin ETF

Republished by Plato

Published

on

Globally leading exchange holding company, Chicago Board Options Exchange, or CBOE, has filed to list the Bitcoin exchange-traded fund proposed by asset manager, Van Eck.

CBOE filed a Form 19b-4 requesting permission to list the ETF from the U.S. Securities and Exchange Commission on Jan. 3. In the form, CBOE emphasizes the benefits an ETF would offer to retail investors over the spot Bitcoin markets, including custody:

“Exposure to bitcoin through an ETP also presents certain advantages for retail investors compared to buying spot bitcoin directly. The most notable advantage is the use of the Custodian to custody the Trust’s bitcoin assets.”

While CBOE did not reveal who its custodian is, the document notes its custodian is “a trust company chartered and regulated by [the New York Department of Financial Services].”

Once the SEC has formally acknowledged it is reviewing the application, the regulator has 45 days to deliver its verdict or extend the assessment deadline. The SEC can extend its deliberation period for up to 240 days before finalizing its decision.

If approved, the ETF would be the first crypto product offered by CBOE since February 2019, with CBOE having then ceased offering Bitcoin futures contracts. In December 2017, CBOE became the first regulated financial institution in the United States to offer Bitcoin futures contracts, beating out the Chicago Mercantile Exchange by just a couple of weeks.

In January, Van Eck filed for SEC approval of a Bitcoin ETF. While Van Eck had previously filed for a BItcoin ETF in 2017, the firm also teamed up with SolidX — a blockchain firm that had been attempting to bring a Bitcoin ETF to market since 2015 — to file for a jointly issued ETF in 2018. The joint application was withdrawn in September 2019, with the two firms parting ways shortly after.

However, Van Eck’s latest filing has become the subject of a lawsuit from SolidX, who alleges Van Eck plagiarized their product.

Van Eck also filed for an ETF tracking the performance of prominent crypto firms on Jan. 21. The product would seek the price and performance of the Global Digital Asset Equity Index — which is run by its subsidiary MV Index Solutions.

As of this writing, the SEC is yet to approve any crypto ETF product.

Source: https://cointelegraph.com/news/cboe-files-to-list-van-eck-s-proposed-bitcoin-etf

Continue Reading

Blockchain

Coinbase custodies 11% of entire crypto capitalization

Republished by Plato

Published

on

Crypto data aggregator Messari has reported that the quantity of crypto assets stored in custody on U.S. exchange giant Coinbase surged in the last quarter of 2020.

Messari Crypto has revealed that as much as 11% of the entire crypto market capitalization was held with Coinbase custody at the end of last year. The Coinbase offers custody services for over 90 crypto assets, roughly half of which are tradable on Coinbase’s exchange.

The value of assets custodied with Coinbase spiked to roughly $90 billion in the fourth quarter of 2020 as the combined crypto capitalization more than doubled to tag $780 billion by 2021.

Despite the wide variety of assets supported by Coinbase Custody, Messari found that Bitcoin and Ethereum account for 83% of the cryptocurrency held with Coinbase.

While Bitcoin consistently represented 70% of the assets custodied with Coinbase during 2019 and 2020, Ethereum increased from 9% to 13% over the same period.

The findings were published in a report examining Coinbase’s anticipated public listing that was compiled by Messari researcher Mira Christanto.

Christanto reported that 95% of Coinbase trading revenues are from retail clients, who pay 30 times more than institutional customers. She also noted a pre-IPO valuation at 7% of the total crypto market cap which would equate to around $107 billion according to the sector’s current market cap of $1.54 trillion.

According to the S-1 report Coinbase submitted to the Securities and Exchange Commission on Feb. 25, the exchange posted a direct revenue of $1.1 billion in 2020 mostly from trading fees.

In a Feb. 25 blog post to its clients, Coinbase revealed that Bitcoin and other crypto assets have comprised a major share of its corporate treasury since the company’s founding back in 2012.

Source: https://cointelegraph.com/news/coinbase-custodies-11-of-entire-crypto-capitalization

Continue Reading

Blockchain

Leverage traders ‘flushed out’ by late-February crypto crash: Glassnode

Republished by Plato

Published

on

According to on-chain analytics provider, Glassnode, the late-February crypto market correction may have purged excessive leverage from the markets.

On March 1, Glassnode published a report analyzing the recent crypto crash — which was only the second significant crypto correction since the markets pushed into new record highs in late 2020.

Glassnodenoted the crash peaked with a 25% fall from the local top of $58,300 to $43,343. As such, the move was weaker than January’s dip which saw a roughly 30% retracement from $42,000 to less than $30,000.

The analytics provider suggested that these pullbacks are positive for the crypto markets overall, attributing the latest correction to liquidated leveraged positions held by risky speculators:

“Significant market corrections are positive events in that they flush out speculation, leverage, weak hands, and test holder conviction.”

The report added that several key market indicators were reset as BTC prices found fresh support, including futures open interest, futures funding rates, and the price premium for Grayscale’s investment products.

Futures open interest, which is the total number of outstanding contracts that have not been settled, dropped almost $4 billion or 22% from its peak of $18.4 billion. Glassnode also commented noted perpetual futures funding rates have also reset close to zero, which could indicate that traders are not willing to enter short positions, stating:

“Previous combinations of decreasing open interest and a reset of funding rates have indicated a flush in speculative trading has occurred.”

However, the report did note that open interest is still hovering roughly $2.5 billion above the previous peak of $3.9 billion on Feb. 21 — meaning there is still significant leverage within the market.

Glassnode also noted that shares in Grayscale’s Bitcoin Trust are trading at a discount compared to spot market prices for the first time ever, with investors paying a nearly 4% discount to access exposure to BTC through Grayscale’s trust.

It added that competing products such as Canada’s Purpose ETF could diminish Grayscale’s premium as more institutional products enter the market and close arbitrage opportunities.

At the time of writing, Bitcoin prices were up 5.3% over the past 24 hours, with BTC currently changing hands for $49,200.

Source: https://cointelegraph.com/news/leverage-traders-flushed-out-by-late-february-crypto-crash-glassnode

Continue Reading
Blockchain4 days ago

Gemini collaborates with The Giving Block and others, adds donations option

Blockchain4 days ago

NextGen Blockchain Platforms Self-Organize to Win Government Contracts

Blockchain1 day ago

Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin

Blockchain4 days ago

What Coinbase Going Public Could Do For Crypto

Blockchain4 days ago

Crypto Investment Fund to Sell $750M in Bitcoin for Cardano and Polkadot

Blockchain3 days ago

This was avoidable – The lost Bitcoin fortunes

Blockchain5 days ago

Tezos, IOTA, Dash Price Analysis: 25 February

Blockchain3 days ago

Economist warns of dystopia if ‘Bitcoin Aristocrats’ become reality

Blockchain5 days ago

Coinbase public listing filing details 2020 revenue, major a16z stake

Blockchain11 hours ago

Why Mark Cuban is looking forward to Ethereum’s use cases

Blockchain2 days ago

Korean Government To Levy Taxes On Bitcoin Capital Gains Starting 2022

Blockchain3 days ago

XRP, STEEM, Enjin Price Analysis: 27 February

Blockchain2 days ago

Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol

Blockchain2 days ago

NBA Top Shot leads NFT explosion with $230M in sales

Blockchain2 days ago

Polkadot, Cosmos, Algorand Price Analysis: 28 February

Blockchain3 days ago

‘Bitcoin could reach $1 million or $1, and may do both of those’

Blockchain3 days ago

Here are 6 DEX tokens that have seen exponential growth in 2021

Blockchain3 days ago

6 Questions for Kain Warwick of Synthetix

Blockchain2 days ago

3 reasons why Reef Finance, Bridge Mutual and Morpheus Network are rallying

Blockchain2 days ago

How KuCoin Shares (KCS) Can Create a Stream of Passive Income

Trending