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Bitget , the leading cryptocurrency exchange and Web3 company, has released a report highlighting the transformative impact of artificial intelligence on the hiring process. The findings reveal that utilizing AI Bitget has reduced hiring timelines by 38%, streamlined talent acquisition, and improved candidate-job alignment, significantly increasing workforce efficiency. Key Takeaways Traditional hiring methods often result in slow recruitment cycles, high costs, and mismatches between candidates and job roles. Bitget implemented an AI-driven recruitment solution that automates resume screening, interview scheduling, and candidate evaluation. By leveraging machine learning and predictive analytics, the platform optimized hiring decisions based on skill-job compatibility, past performance metrics, and cultural fit. This transition to AI-driven recruitment has accelerated the company’s hiring process while maintaining high selection standards. Before implementing AI-driven hiring, Bitget relied on manual candidate screening and external recruitment agencies, which made recruitment costly and time-consuming. The average hiring cycle lasted 48 days, with some technical positions taking up to 50 days to fill. High dependence on third-party agencies accounted for nearly 40% of total hiring costs, while internal HR teams processed up to 500 resumes per month, leading to operational inefficiencies. Despite the company’s rapid growth, traditional hiring methods limited its ability to scale into new markets and product sectors efficiently. To address these challenges, Bitget introduced an AI-powered recruitment system designed to streamline hiring by automating resume screening, optimizing candidate-job matching, and improving decision-making. The AI model was trained using historical hiring data, evaluating key indicators such as skill compatibility, previous performance, and cultural fit. Integrated with existing HR systems, the technology enabled rapid candidate ranking and selection while reducing human bias. The results were significant. The average time to hire dropped by 38%, cutting recruitment cycles from 48 to 30 days. Resume screening efficiency improved by 76%, allowing HR specialists to focus on high-value candidates rather than manual filtering. Cost savings reached 25%, primarily due to reduced reliance on external agencies and the automation of administrative hiring processes. Employee retention improved by 15%, as better candidate-job alignment led to a decrease in first-year attrition. Additionally, AI-driven evaluations helped minimize unconscious bias in hiring decisions, resulting in a 38% improvement in hiring accuracy. “With AI, we’re not just hiring faster — we’re hiring smarter,” said Gracy Chen, CEO of Bitget. “This technology is helping us attract top talent more efficiently while optimizing costs and improving long-term retention.” Bitget’s AI hiring transformation underscores how automation can enhance workforce efficiency in highly competitive industries. By integrating AI into recruitment, the company has set a new benchmark for efficiency, accuracy, and cost-effectiveness, offering a model that could reshape talent acquisition strategies across the cryptocurrency and technology sectors. To know more about Bitget’s AI usage in hiring, check the full report here . Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, Bitget is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use .

The number of rate cuts being priced in by markets for 2025 has just reached a multi-month high. Markets are betting that the Fed will cut rates three times this year, up from only one cut earlier this month. All eyes on the next FOMC meeting in two weeks. 👀

Ripple CEO Brad Garlinghouse has welcomed President Donald Trump’s announcement of a Crypto Strategic Reserve, which will include XRP and other leading cryptocurrencies. He emphasized that the crypto industry can only advance if it chooses collaboration over infighting. He also urged the community to move beyond a maximalist outlook. “I’ve said this before—the crypto industry will achieve our goals (and beyond) if we work together,” Garlinghouse stated. He praised Trump’s inclusive plan, noting that it recognizes multiple blockchains, unlike earlier SEC policies under the Biden administration. Trump’s Crypto Strategic Reserve aligns with Executive Order 14178. He issued this directive in his first week to solidify the United States’ position as the “Crypto Capital of the World.” Posting on X yesterday through Truth Social, Trump claimed that forming a U.S. Crypto Reserve will fortify the industry after what he called “corrupt attacks” under the prior Biden administration. He explained that his Executive Order on Digital Assets directed the Presidential Working Group to advance plans for a Crypto Strategic Reserve. This will include XRP, Solana, and Cardano (ADA). Trump later mentioned that BTC and ETH would be key to the reserve. Related: Differing Paths: Georgia Advances Bitcoin Reserve Bill — SB 228, Montana Rejects Trump’s Crypto Strategic Reserve plan sparked debate. Some prefer a Bitcoin-exclusive approach, while others endorse a multi-asset reserve. Coinbase CEO Brian Armstrong proposed a market cap-weighted index if not a BTC-only scheme. Meanwhile, Eric Trump praised the Sunday timing when traditional markets are closed. He argued that it gives retail investors an edge over Wall Street. Crypto trader Bluntz dismissed the idea of a multi-asset reserve, saying a reserve should be BTC-only, calling the inclusion of other cryptocurrencies “hilarious.” However, Altcoin Daily countered , insisting the move proves crypto’s long-term presence. Related: Expert Says Bitcoin Strategic Reserve Will Happen, Sets BTC Price Target at $180K Hours into the news, Bitcoin rose by 10% to trade above $95,000. XRP price also witnessed a 30% uptick to trade at $2.90. Solana also recorded a 24% surge to $174. Meanwhile, ADA saw the biggest price action, jumping by 61% to trade above $1. Ethereum’s price also skyrocketed by 11% to reach $2,456. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

New Co-Executive Directors Take ChargeThe Ethereum Foundation has appointed Hsiao-Wei Wang and Tomasz Stanczak as its new co-executive directors. This leadership change has been well received within the Ethereum community, with industry figures praising the appointments as a step toward a stronger, more structured future for the platform. Adam Cochran, a partner at Cinneamhain Ventures, described the move as “a good new direction” for Ethereum’s governance. The ETH/BTC trading pair reached a multi-year low at 0.0023 BTC throughout last month due to scrutinized market performance of Ethereum. Several investors and developers believe Ethereum has reached an operational plateau, thus requiring substantial modifications to stay significant. While many acknowledge the necessity of optimization, others caution against losing the platform’s original ethos in the pursuit of efficiency. During an interview, Vitalik Buterin highlighted that Ethereum should be led by younger members to push the Ethereum platform forward. The veteran Ethereum developers have developed disillusionment, according to him, the project falls on the shoulders of the forthcoming developers. His declaration received both acceptance and rejection from the industry because Uniswap’s CEO Hayden Adams insisted that numerous seasoned developers maintained their support for Ethereum’s founding principles. The Web3 Foundation director Ryan Zurrer asserted that not every original developer of the project has lost their dedication to Ethereum. After the leadership change at Ethereum, people began talking more about what the project should pursue in the future. Internal community members assert that the Ethereum Foundation lacks connection with both its developers and users, causing expectations between both parties to shift in different directions. A subset of local supporters stay positive about the current leadership’s future capacity to unite the project’s core values with its diverse base. The Ethereum project must overcome the dilemma between technology development and preserving decentralization. Program critics claim bureaucracy interference undermines growth speed whereas organizational activists argue ordered structures promote sustainable development. The essential question facing Ethereum is how to establish equilibrium between technological improvements and organizational structures that drive its developing framework. The introduction of new leadership occurs during an essential period for Ethereum. The community closely observes the new co-executive directors’ ability to interact with stakeholders while executing strategic solutions because the platform faces both market dynamics and organizational hurdles. Ethereum’s future direction during the upcoming years will depend greatly on how well its leadership transition performs. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Trump’s crypto reserve plan is sparking both excitement and skepticism. Can a multi-asset reserve pass through Congress? 🧐 🇺🇸