In the wake of shifting U.S. policy, the crypto landscape is undergoing a fundamental change — from fast-moving speculative bets to long-term, anchored investments, said Bitpanda CEO Eric Demuth during a fireside chat at Consensus Hong Kong on Wednesday.
Demuth said the 2024 bull run wasn’t a repeat of the retail-fueled 2021 cycle. Instead, it was being driven by what he calls “sticky money” — institutional capital that’s less volatile and more committed.
Vienna-based Bitpanda is one of Europe’s largest crypto exchanges with over 6 million users and offers stocks and previous metals, in addition to digital assets. The platform recently secured regulatory approval from the Financial Conduct Authority (FCA) in the United Kingdom.
Speaking about the impact of U.S. policies under the Trump administration, Demuth argued that the government’s aggressive embrace of crypto is forcing global markets to adapt. “The Trump…
