Cryptocurrency exchanges prepare for Bitcoin bull run

Jamie McKane

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Cryptocurrency exchanges prepare for Bitcoin bull run

As speculation abounds around whether Bitcoin is poised for another bull run, a slew of crypto exchanges are embarking on hiring sprees while job losses are soaring.

Kraken LLC said on Monday that it had been planning to hire 250 staffers this year, but will instead recruit 350. Binance Holdings Ltd., which has more than 1,000 employees, expanded its workforce by 25% in the first quarter and is beefing up its team supporting Binance Pool, a new mining operation launched in April.

[Bloomberg]
 
Self fulfilling bullrun. Saw one the other day telling people to "get their bitcoin" in anticipation of the halving. Puts the oil cartel scam to shame.
 
2 replies excl my own .. should tells you the confidence levels that even the biggest morons and fantasists amongst us have in this past it's bubble by date #### has.
 
2 replies excl my own .. should tells you the confidence levels that even the biggest morons and fantasists amongst us have in this past it's bubble by date #### has.

Trying hard to understand the latter part of that reply but not succeeding.

I don't believe much in bitcoin's longevity either but there is still a huge trading opportunity with which to make lots of money. I feel sorry for people who think holding a crypto indefinitely is the best strategy.
 
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