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
951
New York City Gets Itself a Bitcoin Mayor
This episode is sponsored by . Despite (or perhaps because of) being one of the world’s great traditional financial hubs, New York has a contentious relationship with crypto. Between the BitLicense and a very active state attorney general, New York...
14 min
952
What You Need to Know About Biden's Stablecoin ...
This episode is sponsored by . The President’s Working Group on Financial Markets has finally released its much-anticipated report on Stablecoins. In this episode, NLW breaks down: The PWG’s three major concerns surrounding stablecoins The...
19 min
953
Top 5 Things That Happened in Crypto in October
This episode is sponsored by . NLW counts down the top 5 things to happen in crypto over the last month, including a DAO buying a Wu Tang clan album, top 5 US banks creating new crypto offerings, battles around SEC subpoenas and much more. Listen to...
16 min
954
Where Bitcoin Fits in a Post-Scarcity World
This episode is sponsored by . This week’s “Long Reads Sunday” is a reading of EY Global Blockchain Lead Paul Brody’s latest essay for CoinDesk: “.” , the institutional-grade platform for bitcoin, is making it possible for thousands of...
10 min
955
Inflation or Deflation? Jack Dorsey, Cathie Woo...
This episode is sponsored by . Last weekend, Jack Dorsey set the internet alight when he proclaimed, “Hyperinflation is going to change everything. It’s happening.” That kicked off a mighty debate involving Cathie Wood, Elon Musk, Jeff Booth and...
10 min
956
Everything You Need to Know About Facebook’s ‘M...
This episode is sponsored by . Facebook announced yesterday it is changing its corporate name to Meta. The name change reflects the company’s growing focus on virtual reality, augmented reality and a new version of the internet that people are...
18 min
957
14 Takes on Shiba Inu Coin
This episode is sponsored by . NLW today provides 14 different takes on shiba inu coin (SHIB) that reflect the range of perspectives across the crypto community, including: “You could have been a billionaire if…” This plays into regulator’s...
20 min
958
CFTC Acting Chair: ‘Nearly 60%’ of Cryptos Are ...
This episode is sponsored by . On today’s episode, NLW does an extended brief, covering: The CFTC Chair arguing for more power to regulate crypto Comments from the FDIC chair saying that banks need to be allowed to participate in crypto...
12 min
959
Has the SEC Won the Battle to Regulate Stableco...
This episode is sponsored by . 2021 has been the year of crypto regulation. In China, that has manifested as a complete banning of bitcoin mining and crypto trading. In the U.S., the verdict is still out, but it has been clear there has been a fair...
17 min
960
Why One Crypto Company Is Suing the SEC
This episode is sponsored by . At Messari’s Mainnet conference in September, rumors flew that the U.S. Securities and Exchange Commission had served a subpoena on a decentralized finance (DeFi) protocol founder moments before he was set to speak on...
14 min
961
The US Government Sold a Wu-Tang Album to a DAO...
This episode is sponsored by . On today’s “Long Reads Sunday,” NLW tells the story of PleasrDAO buying a one-of-a-kind hip hop album, and what it means that the U.S. government is interacting with this new type of collective. He also reads: ,...
12 min
962
Bitcoin Wraps the First Week of the ETF Era
This episode is sponsored by . On this edition of “The Breakdown’s Weekly Recap,” NLW covers: The record-setting performance of the first bitcoin futures exchange-traded fund and what happens next as new ETFs come to market  A massive...
10 min
963
Why the Bitcoin and Crypto Communities Are So S...
This episode is sponsored by . Today’s episode is nominally about Worldcoin. The project launched this week with ambitions to airdrop a new cryptocurrency on everyone in the world. To do so, it’s using biometric eye scanning to identify people and...
22 min
964
Paul Tudor Jones: ‘Inflation … [Is] the Single ...
This episode is sponsored by . Last year, Paul Tudor Jones wrote a paper called “The Great Monetary Inflation” that would end up creating narrative motivation for many traditional retail and institutional investors to allocate to bitcoin as an...
15 min
965
LFG! Bitcoin Clears $66K and Hits New All-Time ...
This episode is sponsored by . On today’s episode of “The Breakdown,” NLW looks at the market’s reaction to a new bitcoin all-time high, including: The success of the first day of the ProShares bitcoin futures exchange-traded fund  Why...
12 min
966
Massive Trading Volume for ProShares Bitcoin Fu...
This episode is sponsored by . On today’s episode, NLW catches up on a variety of topics from the past week, including: How the first day of trading the ProShares $BITO bitcoin futures ETF is going (and why it could be headed for record breaking...
18 min
967
It's Here: Bitcoin Futures ETF to Begin Trading
This episode is sponsored by . Today on “The Breakdown,” NLW rounds out the story of the bitcoin futures ETF process that has dominated crypto chatter for the last week or more. He looks at the details of the first ETF that will go live, as well...
14 min
968
Hester Peirce Reclaims the “Wild West” for the ...
On this week’s Long Reads Sunday, NLW reads SEC Commissioner Hester Peirce’s recent speech:
21 min
969
How the Crypto Industry Thinks It Should Be Reg...
On this edition of the Weekly Recap, NLW looks at two new policies frameworks released by companies in the crypto and web3 space. The first comes from Coinbase and argues that there should be a new overarching regulator for digital assets. The second...
17 min
970
Bitcoin Is Actually, Finally About to Have an ETF
This episode is sponsored by . On today’s episode, NLW looks at the buzz and excitement around a bitcoin futures ETF. The historical moment could be an inflection point for new audiences to get into the asset class. At the same time, there are some...
16 min
971
No, Bank of England, Crypto is Not the Same as ...
This episode is sponsored by . Today on “The Breakdown,” NLW takes a deep dive into a recent speech by Sir Jon Cunliffe, the Bank of England’s Deputy Governor, Financial Stability. The speech was called “Is ‘crypto’ a financial stability...
19 min
972
The US Is Officially the Global Leader in Bitco...
This episode is sponsored by . Today on “The Breakdown,” NLW looks at how the United States has been perhaps the greatest beneficiary of the Great Hashrate Migration away from China following the country’s mining ban in May. This has political...
18 min
973
Who Cares What Jamie Dimon Thinks of Bitcoin?
This episode is sponsored by . Ah, Jamie Dimon. One of the longest duration skeptics of bitcoin, and one of the most consistently wrong from a market perspective. Yesterday, the JPMorgan Chase CEO added new material to his anti-bitcoin cannon and...
14 min
974
Is Biden Prepping an Executive Order on Crypto?
This episode is sponsored by . On today’s episode, NLW looks at recent reports the Biden administration is weighing an executive order on crypto. The order would involve numerous agencies and create a common approach to the industry. Unfortunately,...
13 min
975
Here for the Bitcoin Revolution or Just the Sic...
This episode is sponsored by . On this edition of “Long Reads Sunday,” NLW reads “.” Blumberg argues that as bitcoin and digital assets get more mainstream, the industry would do well to better understand the different philosophies that pull...
10 min