Van Eck CEO Managing Billions of Dollars Says, “If This Happens, We’ll Walk Away from Bitcoin,” Names One Altcoin
VanEck CEO Jan van Eck, in his assessment on the Power Lunch program broadcast on CNBC, said that the recent sell-off in the market was no coincidence and that investors had started to take positions for the upcoming bear trend.
According to Van Eck, Bitcoin will likely perform poorly in 2026, consistent with its historical cycle.
Van Eck stated that they continue to advocate for Bitcoin's inclusion in portfolios, but that price cycles shouldn't be ignored. Recalling that the company has declared Bitcoin a long-term investment vehicle since 2017, Van Eck said, “We've seen Bitcoin experience a negative year after the halving cycle, which occurs every four years. There's a high probability that 2026 will be a similar year.” He added that this is why many investors are selling after the peak seen in October.
Van Eck noted that Bitcoin's rise this cycle has been more limited compared to previous bull periods, adding that this situation creates expectations that the potential decline could also be more limited. However, he noted that macro liquidity conditions and on-chain data continue to be decisive in investment decisions.
Van Eck also addressed the security and privacy issues currently being debated within the Bitcoin ecosystem. The CEO noted that quantum computing could pose risks to cryptographic infrastructures in the future, and that this is why some Bitcoin maximalists are interested in projects like Zcash (ZEC), which offer greater privacy. Nevertheless, Van Eck maintained that his Bitcoin thesis remains strong, saying, “If the fundamental argument breaks down, we'll move away from Bitcoin, but we don't see that happening right now.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano News Update: Frustrated Operator Uses AI to Disrupt Cardano Blockchain, Prompting Urgent Repairs
- Cardano (ADA) faced a chain split from a "premeditated attack" exploiting a 2022 ledger bug, forcing an emergency network upgrade. - A user submitted a malformed delegation transaction bypassing validation checks, creating competing "poisoned" and "healthy" chains. - ADA's price dropped 6% during the incident, with $91M in short leverage, as developers patched the bug and restored consensus. - The attacker, identified as "Homer J.", apologized for using AI-generated commands, while experts highlighted Ca
Solana Updates Today: Sunrise: Solana's Gateway to Online Capital Markets
- Wormhole Labs launches Sunrise, a Solana liquidity gateway enabling direct onboarding of external assets like Monad's MON token via NTT framework. - The platform unifies liquidity across Solana DEXs and block explorers, addressing fragmented bridging challenges through native token transfers. - By designating Sunrise as Monad's primary entry point, Wormhole aims to capture early trading flows and expand support to tokenized commodities and RWAs. - This initiative strengthens Solana's DeFi infrastructure,
Zcash News Today: Institutions Place Their Bets on Zcash’s Quantum Security While Bitcoin Falls Behind
- Zcash developers prioritize quantum-resistant upgrades via modular design, outpacing Bitcoin's slower response to post-quantum threats. - Electric Coin Company integrates NIST-standard algorithms like CRYSTALS-Dilithium, with quantum recoverability protocols nearing completion for 2025 deployment. - Institutional $18M ZEC purchase and 125% price surge highlight market confidence in Zcash's shielded pools and proactive quantum resilience strategy. - Bitcoin lacks concrete post-quantum roadmap despite Vita
Solana News Update: Sunrise Connects Conventional Finance with Blockchain Technology on Solana
- Sunrise, a new platform by Wormhole Labs, streamlines cross-chain token onboarding for Solana via unified gateway. - Launched alongside Monad’s MON token, it addresses Solana’s fragmented liquidity and complex integration challenges. - Using Wormhole’s NTT infrastructure, it ensures fungibility and enables immediate trading on Solana DEXs like Jupiter. - The platform aims to attract investors and expand to tokenized commodities and stocks, bridging traditional finance with blockchain.
