Trillions Of Dollars Injected Into The Global Markets To Revitalize The World Economy
Trillions Of Dollars Injected Into The Global Markets To Revitalize The World Economy
March 28, 2020
Trillions Of Dollars Injected Into The Global Markets To Revitalize The World Economy
Trillions Of Dollars Injected Into The Global Markets To Revitalize The World Economy
March 28, 2020

Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history.

On March 26, it has been reported by Forbes that Kraken, one of the largest cryptocurrency exchanges in the United States, is looking to increase its job force by 10%, despite the recent dips in crypto price.

However, Kraken’s team, currently 800 members strong, is adding an additional 67 hires to the company over the coming weeks. Many of the company’s openings are for people who are hospitality professionals with skill sets focused around the liberal arts. displayed approximately 114.5 per million blockchain-centric jobs last December, right before the first new coronavirus case was reported. By February 2020 that number had increased 3% to 118.4 per million.

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It has been analyzed that blockchain industry experts are bullish towards the crypto market.

Jihan Wu, the founder of Bitmain, the Bitcoin mining giant, gave his first interview of 2020 at a Chinese blockchain media event, revealing his continued optimism for a crypto market bull run over the coming year.

He explained:

“There are two reasons: first, from China and its neighboring countries experiences, coronavirus can be obtained and taken under control in about 2 months. Secondly, countries around the world are adopting great quantitative easing monetary policies.”

Similarly, Tyler Winklevoss, the co-founder of the Gemini cryptocurrency exchange, also stated on Twitter that Bitcoin is the “only vaccine in the world that can give you immunity to the money printing disease.”

Thus, blockchain will be the most in-demand hard skill in 2020, along with cloud computing, analytical reasoning, and artificial intelligence.

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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space. She loves writing about blockchain and other blockchain-related articles.