Bitpanda conquers Great Britain: crypto course at record high!

Bitpanda conquers Great Britain: crypto course at record high!

The Austrian start-up Bitpanda experiences an impressive upswing and reports sales of over 100 million euros for the 1st quarter of 2024, with a doubling of the profit compared to the previous year. As Oe24 , the company can thus expect the best result of its history and analysts that are even more successful in 2024. The CEO Eric Demuth emphasizes the importance of regulatory standards, while Bitpanda recently received approval from the British Financial Conduct Authority (FCA) and thus plans the expansion to Great Britain. The high demand for cryptocurrencies in the British population could further boost the growth course.

market movements and Trump's influence

While the crypto world is flourishing in Europe, there is also a remarkable influence of US President Donald Trump on the market. The US crypto exchange Coinbase recorded a significant increase in sales to $ 2.27 billion in the fourth quarter of 2024, when the result increased from 1.14 to $ 4.68, such as Bitpanda reported. The attention that Trump is drawing through the possible introduction of a "strategic Bitcoin reserve" for the USA has increased the Bitcoin course sharply and is currently fluctuating at almost 100,000 euros. At the same time, the launched Cybercoin "Official Trump," which was released in January, causes a stir because he reached an all -time high of 61 euros on the day before his inauguration.

The combination of Bitpanda's strong growth and dynamic development on the US cryptoma market under the influence of Trump illustrates the quick change in the industry. While Bitpanda strengthens its position as a leading crypto platform in Europe, the volatile nature of cryptocurrencies remains an essential topic that continues to employ investors.