Ah, the crypto market—forever hungry, forever restless, as if it has no concept of “weekend.” It marches on, reshaping global finance with the subtlety of a bull in a china shop. And who’s left to deal with it? Well, those poor souls in hedge funds and trading firms, of course. These brave souls are now considering working *through* the weekend, because apparently, sleep is for the weak. 💤
Take, for example, Qube Research & Technologies, a highfalutin investment management firm based in London. They’re on the hunt for a “Crypto | Quant Trader (Weekend Shift)” position. Yes, you read that right: weekend availability is not just a bonus; it’s mandatory. You’ll get four days off, but don’t get too comfy because every other weekend, you’ll be glued to your screen, overseeing crypto trades like a mad scientist, watching the market’s chaotic dance and trying to avoid having a nervous breakdown. 🧠💥
The position involves, well, *everything*. Monitoring crypto trading 24/7, assessing strategy performance, handling risks, and, of course, implementing signals and datasets. But don’t worry, it’s not all weekend drudgery—just, you know, the occasional weekend shift. Because who needs a real weekend anyway? 😎
Unlike those quaint, “traditional” financial markets that graciously give you weekends off (oh, how adorable!), crypto never sleeps. There’s no bell signaling the end of trading; no “recess” for the market. The market is a hungry beast, endlessly chomping at whatever price movements it can find—even on weekends. It’s like the workaholic of the financial world. 🦸♂️
TradFi firms getting their crypto weekend groove on
And it’s not just Qube who’s hiring. Oh no, other “traditional” finance firms are jumping on the weekend crypto bandwagon too! Virtu Financial, that American high-frequency trading company, is seeking a weekend trader in Singapore. Apparently, the digital asset market can’t wait for Monday to roll around. 🙄
Jump Trading’s crypto division, that mysterious and elusive beast, was also looking for a weekend trader in Chicago. The job is now “not available,” leading one to wonder—did they *finally* find someone insane enough to accept it? 👀
As the crypto revolution rages on, hedge funds are bulking up their teams, staffing up for round-the-clock operations. Brevan Howard, a bigwig in the hedge fund world, now has a shiny new crypto unit, BH Digital. It’s got dozens of employees, including more than 15 portfolio managers. So, yeah, they’re serious about their crypto game—*no weekends off allowed*. 💼
Meanwhile, Steve Cohen’s Point72 is expanding its crypto presence, too. Their Cubist quant division is looking to hire a crypto-focused quantitative developer in Paris. Because of course, even Paris isn’t immune to this crypto madness. 🥖💸
In fact, a recent report by CoinShares revealed that seven of the top 10 largest holders of Bitcoin ETF shares are now hedge funds. That’s right—hedge funds now hold 41% of all 13-F Bitcoin ETF holdings, surpassing investment advisers for the first time. It’s the dawn of a new era… and, surprise, it involves working on weekends. 🙃
Crypto’s Weekend Wild Ride
And let’s not forget: weekends in crypto are a *joyous* ride of volatility. One could be sipping mimosas on a Saturday morning when—BOOM—crypto prices tumble. This happened in April when US President Donald Trump made a tariff announcement on a Friday, and crypto prices dropped faster than you can say “sell.” By Sunday, Bitcoin had dropped from $83,000 to $77,000. 🧐
If that wasn’t enough, crypto markets can go into full chaos mode if there’s a hack or breach. With thinner liquidity and a skeleton crew on hand, any exploits timed for late Friday or Saturday can send the market into a death spiral. It’s like a *nightmare* you can’t wake up from. 🎢
But hey, don’t feel too bad for hedge funds—they’re only just now hiring for weekend crypto positions. For crypto traders, however, weekends have always been work time. Forget brunch, forget relaxation—weekends are for grinding. One popular altcoin trader, Altcoin Gordon, summed it up nicely: “Weekends are for working. Free time? No such thing, work time. Save your free time for the bear. For now, we grind.” Sounds like fun, right? 😂
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2025-06-12 11:35