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
751
The State of Play in Fed Commentary and the Cry...
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW follows the path of the crypto contagion including the latest from FTX, Silvergate Bank and Genesis Lending. He also looks at the slate of officials the...
15 min
752
Is DCG in Danger Now, Too?
This episode is sponsored by , and .   On today’s episode, NLW looks at the latest FTX contagion discussion. He examines the Genesis withdrawal shutdown and growing question of whether it has exposed parent company Digital Currency Group to...
15 min
753
Guy Who Oversaw Enron Says FTX Is Worse
This episode is sponsored by , and .   Today NLW covers two major updates in the FTX saga. The first is first-day declarations by FTX’s new CEO John J. Ray III that argue that, in short, FTX is worse run than Enron. The second are messages...
18 min
754
Genesis and Gemini Earn Halt Withdrawals as FTX...
This episode is sponsored by , and .   On today’s episode, NLW covers the latest fallout from the FTX collapse. Genesis Capital has paused withdrawals and loan origination, which has also led to Gemini pausing its Earn program. NLW also covers...
16 min
755
The State of Post-FTX and Alameda Research Mark...
This episode is sponsored by , and .   On today’s episode, NLW explores the state of the market in the wake of the collapse of FTX and Alameda Research. He looks at hedge funds that have reported funds stuck on FTX as well as overall liquidity...
18 min
756
Sam Bankman Fraud: Inside the Collapse of FTX’s...
As NLW said on each day’s show, “in addition to them being a sponsor of the show, I also work with FTX.” On today’s show, NLW gives an insider’s view of the timeline, from the beginnings of trouble as the crypto community turned on Sam...
58 min
757
OFAC Backtracks (Somewhat) on Tornado Cash Sanc...
This episode is sponsored by and .   On this edition of the “Weekly Recap,” NLW looks at some small but potentially significant shifts to the Office of Foreign Assets Control’s sanctions against Tornado Cash, the Securities and Exchange...
16 min
758
Jonathan Wu on Why Technology Might Be a Better...
This episode is sponsored by and .   Jon Wu works on growth with Aztec Network and is a deep thinker when it comes to the challenges of privacy in a digital age. In this conversation, he and NLW discuss privacy from a principle and ethics...
22 min
759
The Fight for DeFi in Washington, D.C., With Mi...
This episode is sponsored by , and Editor's note: This interview was recorded on Oct. 24 and so it doesn’t reference the events of the last week.  On today’s “Breakdown” interview, NLW is joined by Miller Whitehouse-Levine, policy...
29 min
760
What the US Midterm Elections’ Lack of a ‘Red W...
This episode is sponsored by , and .   On today’s episode, NLW looks at the U.S. election results, including pro-crypto candidates who were elected (or re-elected) and what the overall balance of power means for crypto and business in general....
17 min
761
Tyrone Ross on Why the Institutions Are Buildin...
This episode is sponsored by , and .   In today’s interview, NLW talks with returning guest Tyrone Ross about the state of financial advice and why the biggest institutions in the world are spending the bear market gearing up for the next...
40 min
762
Why There Is No 'Bitcoin Is Dead' Talk This Cycle
This episode is sponsored by , and .   On this edition of “Long Reads Sunday,” NLW reads: “” – Isaiah Douglass  “” – Edan Yago - allows you to trade on the spot and futures markets with a 50% discount on fees. You always...
15 min
763
The Industry Coalesces Around Ripple’s Battle A...
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW looks at: Reports that Twitter is shelving a crypto wallet project Instagram bringing creation and selling of NFTs natively to its platform  Coinbase and...
17 min
764
Jason Choi on How Crypto Investing Can Better A...
This episode is sponsored by , and .   On today’s episode, NLW is joined by Jason Choi. Jason is an investor with Web3 angel collective Tangent, and also produces the long running “Blockcrunch” podcast (and companion VIP newsletter). In...
31 min
765
No Pivot and Higher Terminal Rate Talk at FOMC ...
This episode is sponsored by , and .   On today’s episode, NLW covers Wednesday’s Federal Open Market Committee meeting. Nominally the big news was the fourth consecutive 75 bps rate hike. But the big news was Federal Reserve Chair Jerome...
15 min
766
Dan Held on Bitcoin and the Battle Against CBDCs
This episode is sponsored by , and .   Dan Held is a serial bitcoin entrepreneur, the former head of growth marketing at Kraken and currently an adviser to Trust Machines and other crypto companies. In this discussion, he and NLW talk about the...
31 min
767
Can Elon Musk’s Twitter Challenge the Internet’...
This episode is sponsored by , and .   On today’s episode, NLW recaps the first few days following Elon Musk’s takeover of Twitter, including who he has fired and brought in, how the company is thinking about content moderation, a new...
20 min
768
Reflections on the Crypto Market Cycle, With Da...
This episode is sponsored by , and .   On today’s episode, NLW speaks with David Hoffman, the co-founder of Bankless. They discuss how this bear market is alike and different from the previous one, as well as the state of Ethereum...
39 min
769
What Bitcoin and the Stock Market’s Correlation...
This episode is sponsored by , and .   On this week’s “Long Reads Sunday,” NLW reads:   “” – Noelle Acheson  “” – Steven Lubka  - allows you to trade on the spot and futures markets with a 50% discount on fees....
17 min
770
Xi and the Shift From Economics to Ideology
This episode is sponsored by , and .   On this edition of the “Weekly Recap,” NLW gives an overview of the 20th Chinese Party Congress, including the power moves made by President Xi Jinping, Western reactions and why the leader is shifting...
17 min
771
Why Energy Is the Most (Geo)Political Market, W...
This episode is sponsored by , and .   In this interview, NLW chats with Tony Greer, a veteran trader and author of the Morning Navigator newsletter. They discuss energy markets, inflation and geopolitics.    Find our guest on Twitter:...
36 min
772
Why Bitcoin’s Bear Market Hashrate Surge May No...
This episode is sponsored by , and .   On today’s episode, NLW catches up on the bitcoin mining industry, and why soaring hashrate and mining difficulty represent something very different in a bear market than they did during the bull.  -...
18 min
773
Crypto Markets Put the ‘Pump’ in ‘Pumpkin’
  This episode is sponsored by , and .   On today’s episode, NLW looks at the positive price action of the past few days, with an eye to understanding how people are understanding the move. Is it a macro shift and a belief in a coming...
17 min
774
Reddit NFTs Show People Like Crypto When They D...
This episode is sponsored by , and .   On today’s episode, NLW looks into how different pre-Web3 tech companies are getting involved with Web3. Specifically, he looks at how Reddit non-fungible tokens (NFT) are lighting up the Reddit...
17 min
775
Does the Bank of Japan’s Intervention Spell Tro...
This episode is sponsored by , and .   “The Breakdown” kicks off the week with a look at one of the big global macro stories shaping markets right now, which is the first Bank of Japan interventions into the country’s currency markets in...
16 min