The Breakdown

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.

Business
Investing
676
Hacks and Doxxing Raise Questions About CeFi Ma...
This episode is sponsored by , and . On this crypto recap episode, NLW looks at the latest news including: Binance Smart Chain exploit Celsius user data leak  MiCA regulation text finalization    - allows you to trade on the spot...
16 min
677
What OPEC+ Oil Cuts Mean for the Global Economy...
This episode is sponsored by , and .   As inflation rages, the global economy slows, and the U.S. releases more and more oil from its Strategic Petroleum Reserve, OPEC+ has decided to decrease oil output. The move happens in spite of significant...
17 min
678
Elon’s Twitter Deal Is Back On!
This episode is sponsored by , and . On today’s episode, NLW checks in on “Uptober” and asks whether the market rally has legs beyond Monday. He then looks at the news that Elon Musk’s purchase of Twitter is back on track, and explores what...
16 min
679
After Rektember, Is Uptober Back?
This episode is sponsored by , and . After a brutal “Rektember,” might a green “Uptober” be back on the menu? On today’s episode, NLW looks at the markets’ impressive October Day One performance and what’s behind the positive shift. He...
18 min
680
Is Credit Suisse the Next Lehman Brothers?
This episode is sponsored by , and .   After a wild weekend of speculation and discussion, NLW breaks down what’s actually happening with beleaguered Credit Suisse, as well as why the FinTwit doom machine seems so focused on it.  - ...
16 min
681
What One Crypto VC Is Focusing on During the Be...
This episode is sponsored by , and .   On this edition of “Long Reads Sunday,” NLW reads threads from MacroAlf on , degentrading on and Meltem Demirors on . - allows you to trade on the spot and futures markets with a 50% discount on fees....
17 min
682
The Fed Crushes the Idea of a UK-Inspired Pivot
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW summarizes the Bank of England’s intervention into U.K. bond markets and covers comments from various Federal Reserve officials that make clear the BOE’s...
15 min
683
Jerome Powell Confusingly Calls Out DeFi for La...
This episode is sponsored by , and .   On today’s episode, NLW catches up on recent crypto news including: Jerome Powell’s recent comments on DeFi California enforcement actions An update on Do Kwon  TBD teams up with Circle - is a...
15 min
684
Is the Problem That Not Enough Is Breaking?
This episode is sponsored by , and .  On today’s episode, NLW examines a theory articulated by folks like analyst Jim Bianco. His theory is, the biggest issue for equities markets right now isn’t that things are breaking but that while...
19 min
685
As Bank of England Intervenes, Druckenmiller Se...
This episode is sponsored by , and .    The Bank of England made huge news today when it intervened in the U.K. bond markets to prop up pension funds in the country that were in serious trouble due to recent volatility. On this episode, NLW...
16 min
686
The Dollar Is Our Currency and Your Problem
This episode is sponsored by , and .    The joke du jour on FinTwit has been that the British pound is trading like an emerging market currency (or on Crypto Twitter, like a s**tcoin). On today’s episode NLW looks at what’s happening...
19 min
687
A Surprise Crypto Bill Veto in California
  This episode is sponsored by , and .    On today’s episode, NLW looks a set of recent crypto news, including: A veto of California’s version of New York’s BitLicense bill  A new DARPA initiative to study crypto as a...
18 min
688
Will the Debt Crush Powell’s Volker Dreams?
This episode is sponsored by , and .    On this week’s “Long Reads Sunday,” NLW reads by Eric Basmajian and by James Lavish. - is a security-first platform where you can buy, exchange and borrow against your crypto. The company...
19 min
689
The 'New Weird' and the Terror of the In-Between
This episode is sponsored by , and .    On this edition of the “Weekly Recap,” NLW looks at: The market’s reaction to the FOMC, a few days on The “golden handcuffs” in the housing market A recap of the bank CEO hearing on Capitol...
16 min
690
The CFTC Goes After a DAO
This episode is sponsored by , and .    On today’s episode, NLW looks at news that a draft of the House stablecoin bill is now circulating, and would, among other things, set out a two-year ban on algorithmic stablecoins like Terra. He...
19 min
691
The Single-Mandate Fed Says There Are Too Many ...
This episode is sponsored by , and .    On Wednesday, the U.S. Federal Reserve raised the benchmark federal funds rate by 75 basis points, the third consecutive hike of that size. The market expected this, but reacted negatively to...
19 min
692
'Housing Recession?' How the Beleaguered Real E...
This episode is sponsored by , and .    On today’s episode, NLW looks at the housing market, which has shifted dramatically in the last six months. Mortgages today cost more than double what they did last year – the biggest...
18 min
693
Why Today’s News Tells You Everything You Need ...
This episode is sponsored by , and .  On today’s episode, NLW breaks down the day’s news in terms of how it demonstrates the archetypes of the 2022 crypto bear market, looking at: Market moves A DeFi hack  CBDCs Regulatory enforcement...
20 min
694
Bleak Week as Bitcoin Hits 3-Month Low
This episode is sponsored by , and .    On today’s episode, NLW looks at why bitcoin hit a three-month low over the weekend. He also discusses traders’ predictions about the upcoming interest rate hike at this week’s Federal Open...
19 min
695
After the Merge, How Do We Think About Change W...
This episode is sponsored by , and .    For this edition of “Long Reads Sunday,” NLW reads and discusses Chris Castiglione’s “,” as well as a . - is a security-first platform where you can buy, exchange and borrow against your...
16 min
696
Two Regulatory Hearings Show Difference in SEC ...
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW looks at the latest in market action plus how two congressional hearings highlighted differences in the approaches the CFTC and SEC are taking to crypto. ...
15 min
697
White House ‘Comprehensive Framework for Respon...
This episode is sponsored by , and .   On today’s episode, NLW looks at a set of three reports around crypto out of the Treasury Department as well as examines the White House’s just-released framework for digital assets. He argues there are...
17 min
698
Welcome to the Post-Merge Era in Crypto
This episode is sponsored by , and .   At 2:44 a.m. ET Thursday, Ethereum successfully transitioned from proof-of-work to proof-of-stake. On today’s show, NLW breaks down what that means for the network’s security and economics and looks at...
19 min
699
Unsatisfying Clarifications on the Tornado Cash...
This episode is sponsored by , and .   On today’s episode, NLW catches listeners up on the latest news in crypto, including: Arrest warrants for Do Kwon and others from Terra El Salvador Bond Repurchase program  Crypto regulatory and...
16 min
700
Markets Plummet as Inflation Comes In Hot
This episode is sponsored by , and .   July’s inflation report provided the first glimmers that the U.S. might have turned a corner in its fight against inflation. For the past several days, investors have been betting on a continuation of...
17 min