{"id":224708,"date":"2022-03-29T04:00:31","date_gmt":"2022-03-28T22:30:31","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=224708"},"modified":"2022-03-28T23:31:16","modified_gmt":"2022-03-28T18:01:16","slug":"analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\/","title":{"rendered":"Analysts divided over Bitcoin but what does it mean for BTC holders"},"content":{"rendered":"<p>As Bitcoin struggles to claim its status as a safe haven, analysts seem divided. On the other hand, Bitcoin maximalists have been undeterred by market swings to consider BTC as the &#8216;new gold.&#8217;<\/p>\n<p>In a recent <a href=\"https:\/\/open.spotify.com\/episode\/3OzW8CTrShK7JUCCqXqQF5?si=b662f7de00c345f6\">podcast<\/a>, Darius Dale, Founder &amp; CEO of 42 Macro, discussed the bright future of Bitcoin. According to him, the proposed global adoption of Bitcoin will rely on the shift from the dollar system which took a hit after the 2008 financial crisis.<\/p>\n<p>Furthermore, the introduction of stablecoins, and legalization of cryptocurrencies have further hampered the dollar&#8217;s position in the global financial markets. In fact, of late, a lot of strong voices have been heard advocating for Bitcoin&#8217;s adoption.<\/p>\n<p>In one such incident, Russian Lawmaker Pavel Zavalny was found <a href=\"https:\/\/www.wionews.com\/world\/russian-lawmaker-says-considering-bitcoin-payments-for-oil-exports-from-friendly-nations-465543\">suggesting<\/a> that \u201cfriendly nations\u201d such as China and Turkey can even make payments in Bitcoin.<\/p>\n<p>However, countries like China have been dismissing the benefits of cryptocurrencies altogether. In this context, experts believe that there is a lack of awareness about the growing crypto sector among many lawmakers. Cyril Shroff, the Managing Partner of Cyril Amarchand Mangaldas recently said,<\/p>\n<blockquote><p>\u201cIt is a bit like six blind men and elephant. The whole world is trying to figure out what this technology and new system mean. So, there is a need to increase in awareness.\u201d<\/p><\/blockquote>\n<h3>But what about corporations?<\/h3>\n<p>Bitcoin has seen massive interest from institutional investors. Notably, expressing optimism about the future of BTC, Darius stated,<\/p>\n<blockquote><p>\u201cI think one of the most positive things for the whole cryptocurrency system is the fact that Citadel and <a href=\"https:\/\/fortune.com\/2022\/03\/03\/billionaire-ken-griffin-changes-crypto-stance\/\">Ken Griffin<\/a> are getting involved.\u201d<\/p><\/blockquote>\n<p>Interestingly, even crypto skeptics are beginning to switch sides. Larry Fink, Chairman &amp; CEO of Black Rock who once called out Bitcoin as an &#8220;<a href=\"https:\/\/www.cnbc.com\/2017\/10\/13\/blackrock-ceo-larry-fink-calls-bitcoin-an-index-of-money-laundering.html\" target=\"_blank\" rel=\"noopener\">index of money laundering<\/a>&#8220;, recently announced,<\/p>\n<blockquote><p>\u201cBlackRock is studying digital currencies, stablecoins and the underlying technologies to understand how they can help us serve our clients.\u201d<\/p><\/blockquote>\n<p>Despite all the advancements in recent years, Bitcoin is still walking on egg-shells with regulatory concerns in many countries. However, it should be noted that the increasing adoption, across the globe, is surely a bullish sign for Bitcoin holders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Bitcoin struggles to claim its status as a safe haven, analysts seem divided. On the other hand, Bitcoin maximalists have been undeterred by market swings to consider BTC as the &#8216;new gold.&#8217; In a recent podcast, Darius Dale, Founder &amp; CEO of 42 Macro, discussed the bright future of Bitcoin. According to him, the<a href=\"https:\/\/ambcrypto.com\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\/\">Continue reading <span class=\"sr-only\">&#8220;Analysts divided over Bitcoin but what does it mean for BTC holders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":224709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,4,20],"tags":[],"class_list":["post-224708","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Analysts divided over Bitcoin but what does it mean for BTC holders - AMBCrypto<\/title>\n<meta name=\"description\" content=\"In a recent podcast, Darius Dale, Founder &amp; CEO of 42 Macro, discussed the bright future of Bitcoin. According to him, the proposed global...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analysts divided over Bitcoin but what does it mean for BTC holders - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"As Bitcoin struggles to claim its status as a safe haven, analysts seem divided. On the other hand, Bitcoin maximalists have been undeterred by market\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-28T22:30:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/bermix-studio-aX1hN4uNd-I-unsplash-e1648379734581.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kanav Jain\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/kanavjain101\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kanav Jain\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/\"},\"author\":{\"name\":\"Kanav Jain\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5d5c4adae93dab23234d98e86a1169ae\"},\"headline\":\"Analysts divided over Bitcoin but what does it mean for BTC holders\",\"datePublished\":\"2022-03-28T22:30:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/\"},\"wordCount\":363,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/bermix-studio-aX1hN4uNd-I-unsplash-e1648379734581.jpg\",\"articleSection\":[\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/\",\"name\":\"Analysts divided over Bitcoin but what does it mean for BTC holders - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/analysts-united-over-bitcoin-what-does-it-mean-for-btc-holders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/bermix-studio-aX1hN4uNd-I-unsplash-e1648379734581.jpg\",\"datePublished\":\"2022-03-28T22:30:31+00:00\",\"description\":\"In a recent podcast, Darius Dale, Founder & CEO of 42 Macro, discussed the bright future of Bitcoin. 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