Bitvocation’s 2025 Bitcoin jobs report has just been released, and it shows continuing growth for the industry, as non-developer roles gain steam and Bitcoin-only companies grow 5% to become 47% of the broader crypto job market.
Bitvocation is a jobs board and resources platform for the Bitcoin job market. They offer a highly curated feed of job offers, as well as career tips, specializing in network-driven hiring. They look to help Bitcoin startups as well as larger companies in the industry. According to a press release shared with Bitcoin Magazine, Bitvocation is not a recruitment agency. “We don’t headhunt. We are building a “strategic Bitcoiners reserve” to make hiring more efficient and help startups find the right talent faster.”
The 2025 jobs report shows a variety of interesting trends in the Bitcoin and broader crypto industry. Bitvocation counts a total of 1,801 jobs; 6% more than 2024’s 1,707 jobs report findings. Bitcoin-only companies grew 5% from 2024, vs 53% of Bitcoin-adjacent jobs. They sort Bitcoin-only vs Bitcoin-adjacent companies based on the following criteria:
Bitcoin-only products – Core offerings are exclusively focused on Bitcoin, not competing cryptocurrencies.
Publicly stated commitment – The company explicitly identifies as Bitcoin-only or Bitcoin-first in its mission or communications.
Ecosystem contribution – Active involvement in Bitcoin development, open-source projects, or the Bitcoin community.
Most surprisingly, non-developer jobs grew 74%! Making a strong statement, you don’t need to be a developer to work in Bitcoin. Media, design, marketing, education, and operations dominate job openings among Bitcoin-only companies. 663 of the 1801 jobs are for mid-seniority positions, though jobs span the full range of seniority, providing opportunities to a wide range of applicants.
When it comes to location, the United States remains the undisputed center of the industry, though every continent offers opportunities, with Singapore seeing growth of 158% from the previous year, taking second place globally.
Remote jobs shrunk slightly, losing 10% to 2024 numbers. Nevertheless, almost half of all jobs in the report are remote jobs with Bitcoin-only companies offering 56% of all remote opportunities.
The hardest roles to fill, according to a survey conducted by Bitvocation, are two-fold. Highly specialized technical positions, such as Bitcoin Core, Lightning, and security-related engineers, are difficult to hire for. Non-technical roles that require translating Bitcoin’s values into product, growth, operations, or communication are also presenting a challenge to employers.
The survey also shows employers are looking for candidates with “Bitcoin conviction” as much as technical skills, and most of all “agency”. Strong communication, ownership mindset, and “the ability to operate in small, fast-moving teams” mattered as much as technical skill, according to the report. AI literacy is increasingly expected, but rarely sufficient on its own.
Across the board, employers emphasized culture fit, such as “Bitcoin alignment” and “proof-of-work”, which generally means portfolios of projects or general contributions to the industry are more important than traditional credentials alone.
Job seekers, on the other hand, reported often feeling ghosted – the solution, according to Bitvocation, is to “relentlessly build your network and create opportunities through relationships, rather than job boards”.
Interest in Bitcoin jobs nevertheless remains strong. Bitvocation registered “100% growth in subscribers,” looking for Bitcoin jobs, and over 800,000 views in the Telegram feed, according to the report.
BlackRock has filed to launch a second Bitcoin ETF two years after the debut of its blockbuster product, IBIT.
This one would feature additional income earned by selling call options on IBIT shares.
Among traditional financial firms, BlackRock has been among the most aggressive to embrace crypto.
BlackRock, the world’s largest asset manager, has filed to launch a second Bitcoin-focused exchange-traded product that would give investors exposure to the cryptocurrency — along with a little yield.
The iShares Bitcoin Premium Income ETF would feature Bitcoin, cash, and shares of BlackRock’s two-year-old Bitcoin ETP, the iShares Bitcoin Trust, or IBIT.
To generate the “monthly premium income” for the new ETP, BlackRock would sell call options on the IBIT shares, according to the filing.
“Although the Shares [in the iShares Bitcoin Premium Income ETF] are not the equivalent of a direct investment in bitcoin or in a spot bitcoin ETP, they provide investors with an alternative method of achieving investment exposure to bitcoin through the securities market, while generating premium income,” the filing reads.
BlackRock’s IBIT has seen massive success since its launch in 2024. It is the largest crypto-focused ETF, holding Bitcoin worth nearly $70 billion, according to DefiLlama data. Its second closest competitor is Fidelity’s Bitcoin ETF, with just $17 billion in Bitcoin.
The filing is the latest development to hint at massive demand for Bitcoin products offered by the giants of traditional finance.
Earlier this month, Morgan Stanley announced it would launch its own spot Bitcoin ETF.
“It is unheard of for a vanilla ETF product to launch two years after the first to market has already secured the liquidity throne,” Jeff Park, the investment chief at ProCap BTC, said at the time.
BlackRock has been among the most aggressive in embracing crypto. CEO Larry Fink has spoken approvingly of Bitcoin’s hard supply cap and resistance to fiat-style debasement, and just last week he said it was “necessary” to move financial markets onchain.
“We would be reducing fees, we would do more democratisation,” Fink said in front of a group of power brokers at a World Economic Forum panel in Davos, Switzerland.
“[If] we have one common blockchain, we could reduce corruption.”
Coinbase would serve as the Bitcoin custodian for the iShares Bitcoin Premium Income ETF, while BNY Mellon would serve as its custodian for cash and IBIT shares.
Aleks Gilbert is DL News’ New York-based DeFi correspondent. You can reach him at aleks@dlnews.com.
Gold blasting past $5,000 is fueling fresh attention on Robert Kiyosaki’s long-held bullish thesis, as the Rich Dad Poor Dad author points to far higher potential prices amid debt, inflation, and currency concerns. Gold at $5,000 Is Just the Beginning, Kiyosaki Says Rich Dad Poor Dad Author Robert Kiyosaki shared on social media platform X […]
Blockchain infrastructure firm Zerohash is in talks to raise $250 million at a $1.5 billion valuation, according to a person with knowledge of the matter.
The company recently pulled out of acquisition talks with Mastercard, CoinDesk reported, though the payments giant is still considering a strategic investment in Zerohash, and discussions remain ongoing.
The raise comes amid rising demand for enterprise-grade crypto infrastructure, as more financial institutions move to offer tokenized assets, stablecoins and onchain settlement at scale.
Zerohash didn’t respond to requests for comment by the time of publication. The amount could change as discussions are still ongoing.
Fortune reported in October that Mastercard was in late-stage talks to acquire Zerohash in a deal that could value the possible takeover candidate at up to $2 billion.
Zerohash raised $104 million in an October Series D-2 round led by Interactive Brokers, valuing the firm at $1 billion.
That round brought in new investors, including Morgan Stanley, Apollo-managed funds, SoFi, Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC and Liberty City Ventures, alongside existing backers PEAK6, tastytrade and Nyca Partners, the company said at the time.
Founded in 2017, Zerohash offers APIs and embeddable developer tools that allow financial institutions and fintechs to deliver crypto, stablecoin and tokenization products.
Its platform supports clients including Interactive Brokers, Stripe, BlackRock’s BUIDL fund, Franklin Templeton and DraftKings, serving more than 5 million users in 190 countries.
Read more: Mastercard said to weigh Zerohash investment after ending takeover talks worth billions
The CLARITY Act aims to address years of regulatory uncertainty with a structured framework that clearly defines digital assets, intermediary roles and disclosure obligations.
It places most spot trading of qualifying tokens under CFTC oversight, while keeping the SEC responsible for primary offerings, disclosures and investor protections.
The bill focuses on regulating activities as much as assets, setting registration and conduct standards for exchanges, brokers and dealers to strengthen market integrity and transparency.
The GENIUS Act governs stablecoins, while the CLARITY Act applies only in complementary areas, such as disclosures and any reward-related features tied to stablecoin use.
The CLARITY Act (Digital Asset Market Clarity Act of 2025) aims to break the industry’s legislative logjam through a two-pronged approach that defines what digital assets are and delegates oversight based on how they function in the marketplace. The legislation moves beyond ad hoc enforcement and instead proposes a comprehensive framework for asset classification, intermediary roles and mandatory disclosures.
This article explains what the CLARITY Act is and why it matters, outlines its objectives and examines how it proposes to govern stablecoins. It also covers the concept of mature blockchains, key arguments against the CLARITY Act and its current legislative status.
Why the CLARITY Act matters
The CLARITY Act addresses a long-standing issue in the crypto space: regulatory uncertainty.
For several years, digital asset companies have faced a confusing overlap between the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC). The SEC often treats many tokens as securities, whereas the CFTC classifies them as commodities. This ambiguity has slowed innovation, complicated compliance, frustrated investors and created confusion for crypto businesses.
The CLARITY Act aims to resolve this logjam by establishing clear definitions for digital assets and assigning regulatory responsibilities based on the type of asset and activity involved. A predefined framework allows market participants to understand applicable rules upfront rather than facing uncertainty driven by enforcement actions.
Main objectives of the CLARITY Act
The bill uses three primary approaches to establish the related regulatory infrastructure:
Defining asset categories more precisely
The CLARITY Act introduces the term “digital commodity,” which refers to a digital asset whose value derives primarily from the use of its associated blockchain system. This definition excludes traditional securities and stablecoins. As a result, spot trading of many qualifying tokens would fall under the purview of the CFTC. Recognizing practical challenges faced by crypto networks, the definition emphasizes blockchain functionality and sufficient decentralization.
Clarifying regulatory jurisdiction
The act divides oversight by function:
The CFTC gains primary authority over digital commodity transactions, particularly in secondary and spot markets and on trading platforms.
The SEC retains authority over primary offerings, investor protections, required disclosures and initial sales.
The bill also encourages joint rulemaking in overlapping areas such as disclosures.
Establishing consistent disclosures and conduct rules
To safeguard investors and support fair markets, the legislation mandates standardized disclosures from developers and issuers. These would cover blockchain technical details, token economics and key risks, giving market participants comparable information to evaluate projects. Intermediaries such as digital commodity exchanges, brokers and dealers would be subject to registration, reporting and oversight requirements, largely supervised by the CFTC for trading-related activities.
Overall, the CLARITY Act seeks to replace regulatory gray areas with clear guidelines, supporting innovation while maintaining investor protections and market integrity.
Did you know? Crypto market structure debates are influencing how policymakers approach the regulation of AI models, as both involve unclear accountability and fast-moving innovation cycles.
How the CLARITY Act deals with stablecoins
The GENIUS Act, enacted in 2025, established a federal framework specifically for payment stablecoins. It excludes qualifying stablecoins from classification as securities or commodities, provided they meet strict reserve, redemption and oversight requirements.
The CLARITY Act does not override or duplicate this stablecoin regime. Instead, its provisions apply in complementary ways, particularly with respect to rewards tied to stablecoins, related disclosures and their interaction with broader digital asset markets.
The concept of “mature” blockchains
With a mechanism for assets to evolve, the CLARITY Act defines a pathway through which a blockchain can achieve “mature” status by meeting decentralization and other functional criteria.
Once these criteria are met, the associated token shifts toward treatment as a digital commodity under CFTC oversight. This can significantly reduce regulatory requirements, such as registration, provided the project satisfies other applicable conditions.
The concept of mature blockchains reflects the view that regulatory treatment should adapt as networks become more decentralized and widely distributed. It offers projects a clearer progression toward lighter compliance requirements.
Did you know? In past regulatory disputes, courts have sometimes relied on decades-old investment cases to assess crypto tokens, highlighting how existing legal frameworks are being stretched to fit entirely new digital markets.
Ongoing criticisms of the CLARITY Act
While the bill promises clarity, skepticism remains. Critics argue that its definitions may leave gaps, particularly in decentralized finance (DeFi), where projects often do not fit neatly into traditional regulatory models.
Others contend that the investor protections fall short of established securities standards. Additional concerns focus on potential overlaps, such as how the SEC’s anti-fraud authority would apply in areas where the CFTC holds primary jurisdiction, especially for tokens with hybrid characteristics.
Legislative status of the CLARITY Act
The US House of Representatives passed the CLARITY Act (H.R. 3633) in July 2025 with bipartisan support. As of January 2026, the bill awaits action in the US Senate, where it has been referred to the Senate Committee on Banking, Housing, and Urban Affairs. The legislative process also involves input from the Senate Committee on Agriculture, Nutrition, and Forestry on matters related to CFTC oversight.
As of January 2026, Senate committees have held hearings, released discussion drafts, proposed amendments and advanced versions of broader market structure legislation. However, markups have faced delays and revisions amid debate over issues such as stablecoin yields and investor safeguards. Reconciliation between Senate drafts and the House-passed bill remains ongoing, with no final Senate vote yet.
If enacted in a compatible form, the CLARITY Act would represent the first comprehensive US federal framework for digital asset market structure.
Did you know? Some blockchain networks now publish real-time transparency dashboards that show validator concentration, token velocity and governance participation. Regulators sometimes reference these metrics when debating whether a network is “sufficiently decentralized.”
Assessing the CLARITY Act’s blueprint
At its core, the CLARITY Act addresses a persistent challenge in crypto: unclear regulatory boundaries that deter innovation and encourage reactive enforcement rather than proactive compliance.
The act establishes defined asset categories, mandates consistent disclosures and assigns distinct roles to the SEC and CFTC. Its goal is to create a more predictable environment in which market participants understand the applicable rules from the outset.
Legislation, however, is only the starting point. Implementation, rulemaking and potential adjustments will determine the CLARITY Act’s real-world impact. Whether it ultimately delivers the promised clarity will shape US crypto policy and competitiveness for years to come.
Cointelegraph maintains full editorial independence. The selection, commissioning and publication of Features and Magazine content are not influenced by advertisers, partners or commercial relationships.
Colombia’s second-largest private pension and severance fund manager, AFP Protección, plans to launch an investment fund with exposure to Bitcoin.
The plan was confirmed by Juan David Correa, president of Protección SA, in an interview with local outlet Valora Analitik. Correa said access to the product will be limited and offered only through a personalized advisory process that evaluates each client’s risk profile.
Only investors who meet defined criteria will be able to allocate a portion of their portfolios to Bitcoin.
Correa framed the initiative around diversification rather than a change in core investment strategy.
“The most important element is diversification,” he said, adding that eligible clients will be able to assign a percentage of their portfolios to exposure to this type of asset if they choose.
Protección’s move follows a similar step by Skandia Administradora de Fondos de Pensiones y Cesantías, which introduced Bitcoin exposure in one of its portfolios in September. With this launch, Protección became the second major pension fund administrator in Colombia to offer clients access to Bitcoin-linked investments.
Bitcoin as an additional investment option for Colombia
The company said the new product does not alter how the majority of pension savings are managed. Fixed income instruments, equities and other traditional assets will continue to form the foundation of both mandatory and voluntary pension portfolios.
The Bitcoin-linked fund is positioned as an additional option for qualified investors seeking broader portfolio construction rather than a replacement for existing allocations.
Founded in 1991, AFP Protección manages more than 220 trillion Colombian pesos, or about $55 billion, in assets. The firm serves more than 8.5 million clients across mandatory pension plans, voluntary pension products and severance savings accounts.
The broader mandatory pension fund market in Colombia reached 527.3 trillion pesos as of November 2025, with close to half of those assets invested outside the country.
The announcement comes as Colombia tightens oversight of the digital asset sector. Earlier this month, the national tax authority, DIAN, introduced a mandatory reporting framework for crypto service providers. The rules require exchanges, custodians and intermediaries to collect and submit user and transaction data.
The framework aligns Colombia with the OECD’s Crypto-Asset Reporting Framework, enabling automatic exchange of crypto-related tax information with other jurisdictions.
Service providers must report identifying information and transaction details for reportable users and comply with due diligence and valuation standards or face penalties, per local reports.
VanEck launched the VanEck Avalanche ETF on Monday under ticker VAVX, offering US investors exchange traded exposure to Avalanche token AVAX with the potential for staking rewards reflected in fund performance.
According to the prospectus, VAVX is expected to list on Nasdaq under existing generic listing standards, allowing the product to come to market without a separate SEC rule change filing.
The trust is not registered under the Investment Company Act of 1940 and is designed to passively track the price of AVAX alongside staking returns.
VanEck said it is waiving sponsor fees on the fund’s first $500 million in assets through February 28. After that date or threshold, whichever comes first, the sponsor fee will be set at 0.20%.
The ETF launch comes as VanEck continues to expand its crypto ETF lineup, which already includes spot Bitcoin and Ethereum products.
Avalanche positions itself as a high throughput blockchain built for customizable Layer 1 deployments and enterprise use cases. The network has attracted activity from major institutions, including FIFA’s blockchain initiative and Citigroup’s tokenized fund trial.
AVAX was last trading around $11.7 at press time, up roughly 3% on the day but still down about 14% over the past two weeks amid broader crypto market volatility
BitMine Immersion Technologies (BMNR), the largest corporate holder of the second largest cryptocurrency, ether ETH$2,918.03, made its largest ETH purchase of the year last week following a key shareholder vote that gave the company fresh room to raise capital.
The firm said Monday it added 40,302 ETH — worth almost $117 million at current prices — to its treasury, bringing its holdings to over 4.24 million tokens, or 3.52% of ether’s supply.
The firm’s crypto and cash holdings now total $12.8 billion, including 193 bitcoin BTC$88,297.46, $682 million in cash, and stakes in Eightco Holdings and its $200 million investment in Beast Industries, the venture founded by YouTube creator MrBeast.
The purchases followed shareholders’ approval of an expansion of BitMine’s authorized share count, enabling the company to raise additional funds through equity issuance. That financial flexibility allowed BitMine to resume more aggressive accumulation after signaling earlier this month that buying could slow without new authorization.
BitMine said it has also staked over 2 million ETH — nearly half of its total holdings — turning a significant portion of its treasury into a yield-generating asset. The firm’s rapid pace has contributed to congestion on the Ethereum staking network, where the wait time to become a new validator has now reached 54 days.
The company anticipates generating over $400 million in annual pre-tax income on its ether holdings, Chairman Tom Lee said at a shareholder meeting earlier this month.
Read more: Tom Lee’s BitMine pushes Ethereum into $8 billion staking backlog
XRP (XRP) may see another sharp rise to a double-digit price, but similar market setups in 2022 and 2017 pointed to an extended consolidation period before this happens.
Key takeaways:
XRP macro setup targets $10, but an extended consolidation is required before any sharp liftoff.
XRP holds strong $1.80–$2 support since December 2024, which has historically produced 35%-90% price rebounds.
Onchain data suggest XRP is at levels that have previously preceded sideways price action.
XRP’s needs “longer accumulation” before rebound
XRP defended the $1.78–$2 support band that it has held since December 2024, as shown in the chart below.
The XRP/USD pair has bounced 35%-90% each time it has retested this support base.
It can gain as much as another 57% by year’s end if the setup plays out in the same way.
Related: XRP metric echoes setup that preceded 68% price fall
Analyst Mikybull Crypto said XRP is “preparing for liftoff” citing formidable support near the 2021 high at $1.96.
Source: Mikybull Crypto
“The price pattern is copying the previous bull run,” analyst CryptoBull said, referring to XRP’s consolidation around its previous all-time highs as seen in past cycles.
The “only difference is time, which makes sense, as we need longer accumulation for higher prices,” CryptoBull added.
XRP/USD weekly chart. Source: CryptoBull
Note that after dropping below its previous highs in 2022, the XRP/USD pair oscillated from $0.30 to $0.70 for more than three years before breaking out with a 390% run in December 2024.
If a similar scenario plays out, XRP price may consolidate around $2 (2021 highs) for an extended period before a massive upward breakout.
“The next impulse will take XRP to $11 and the last wave to $70,” CryptoBull added.
XRP is ‘undervalued’ at $1.90, but for how long?”
Onchain data also highlights similarities between the current XRP market setup and previous bull cycles.
XRP’s net unrealized profit/loss (NUPL) indicator has entered the “capitulation zone (red),” a position that is typically associated with cycle bottoms.
The NUPL measures the difference between the relative unrealized profits and losses of XRP holders.
In previous market cycles, the transition to capitulation has coincided with extended price consolidation periods, as shown in the chart below.
XRP: Net Unrealized Profit/Loss. Source: Glassnode
The market value to realized value (MVRV) ratio also supports this consolidation thesis. With a current daily reading of 1.23, significantly lower than a peak of 14.73 in 2017 and 2021’s 3.9, the metric suggests XRP is relatively undervalued.
This lower MVRV ratio indicates reduced profit-taking pressure and increased potential for sustained price appreciation.
Before this happens, XRP price may consolidate for some time before embarking on a sustained recovery.
As Cointelegraph reported, holding $1.80–$2.00 and reclaiming $2.22 would keep XRP’s bullish case intact, fueled by latent buying pressure, which is slowly building up in the futures market.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
