Bitcoin News

Story: Crypto Salaries Fall Despite Bitcoin’s Record-Breaking Rally

By James Thorp

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Crypto Compensation Declines Across All Levels. According to Dragonfly’s 2024/2025 Crypto Compensation Report, both cash salaries and token-based…

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Executive Pay Rises as Entry-Level Roles Take the Hit. The study found that while most employees saw flat or falling pay, executive compensation actually…

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Hiring Slows Amid Cost Control and Market Maturity. The hiring landscape has also cooled considerably. On average, crypto firms now take 3.

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Europe Leads Crypto Employment, Asia Surges. Geographically, Western Europe remains the dominant crypto labor hub, buoyed by regulatory…

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Crypto Work Remains Remote-First. Despite regional growth, crypto remains a remote-first industry.

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Industry Shifts From Speculation to Sustainability. The contraction in pay reflects a broader transformation within crypto — one that’s steering away…

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The Future of Crypto Compensation. Looking ahead, experts expect compensation growth to remain flat through 2025, with selective…

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Despite Bitcoin hitting historic highs this year, crypto industry salaries are trending downward, signaling a major shift toward leaner operations and structured pay models.

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“Overall, we’d call crypto compensation in 2024 and early 2025 a down market,” researchers wrote, noting that compensation structures remain less mature than in traditional…

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This shift reflects a broader cooling trend in the crypto ecosystem. Companies are moving away from high-risk, high-reward models and toward long-term sustainability, with more…

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The study found that while most employees saw flat or falling pay, executive compensation actually increased, creating what Dragonfly described as a “barbell effect.

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Entry-level positions — representing around 10% of total roles — absorbed the steepest cuts.

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Engineering continues to dominate the crypto workforce, making up roughly two-thirds of headcount, underscoring how heavily the industry relies on core technical talent to…

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The hiring landscape has also cooled considerably. On average, crypto firms now take 3.8 weeks and four interview rounds to fill each role.

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These figures signal a marked change from previous years when hiring was frantic and compensation was often inflated to attract scarce blockchain talent.

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