VanEck's Matthew Sigel anchors to Bitcoin's four-year cycle while Strategy's Michael Saylor sees a bottom already forming at $60,000, but both arrive at the same conclusion: the current drawdown is a rotation event, not a verdict on Bitcoin's long-term role in portfolios.

JPMorgan, Bank of America, Citigroup, and Wells Fargo are building a blockchain-based network to stop corporate money from leaving traditional banks. At the same time, Stripe, Visa, and Mastercard are building a competing system to move that same money through private digital dollars instead. Coinbase sits in the middle of both, with a contract renewal in August 2026 that could shift the balance.

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