A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.
Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/
This episode is sponsored by , and . “Recession” is the latest word to run afoul of our shifting definitions and political newspeak. This week, numbers from Q2 came out showing that the U.S. had seen a declining GDP for the second quarter...
19 min
1002
Volatility Ahead?
This episode is sponsored by , and . On this edition of the “Weekly Recap,” NLW looks at four reasons markets could see heightened volatility between now and November: Fund managers making YOLO bets to avoid redemptions Inflation surprises...
18 min
1003
Why Markets Viewed the Fed's Latest 75 Basis Po...
This episode is sponsored by , and . Yesterday was “Fed Day” and the U.S. Federal Reserve announced its second 75 basis point interest rate hike in a row. Despite the fastest pace of monetary tightening in a generation, markets rallied...
19 min
1004
What's Behind Growing US-China Tensions?
This episode is sponsored by , and . U.S. President Joe Biden is slated to talk with Chinese President Xi Jinping later this week. In the background lurks growing tensions around House Speaker Nancy Pelosi’s potential visit to Taiwan next...
20 min
1005
The State of Crypto in 3 Themes
This episode is sponsored by , and . On today’s episode, NLW looks at a slate of news from the crypto industry, organized around three big-picture themes: Regulatory – including the latest from the SEC, CFTC and Treasury Department ...
18 min
1006
The SEC’s Escalating Battle Against Crypto
This episode is sponsored by , and . On today’s episode, NLW catches listeners up on the criminal charges filed against a former Coinbase employee and two of his associates last week around insider trading. The charges come from the Justice...
19 min
1007
How Bitcoin Can Support the Green Energy Transi...
This episode is sponsored by , and . On this week’s “Long Reads Sunday,” NLW looks at two discussions of the positive role Bitcoin can play in greening the grid. He reads: - Michael Casey by Level39 - ...
15 min
1008
What Crypto Needs to Build Next, Feat. Qiao Wang
This episode is sponsored by , and . Qiao Wang is a creator of and core contributor to Alliance DAO, an accelerator for Web3 companies in decentralized finance (DeFi), infrastructure, distributed autonomous organizations (DAO), non-fungible...
25 min
1009
Jim Bianco on Inflation, Recession and the Need...
This episode is sponsored by , and . On today’s episode, NLW is joined by Jim Bianco, the president of Bianco Research. In this wide-ranging discussion, they talk about the bind the Federal Reserve finds itself in, the stickiness of...
44 min
1010
The Future of the Bitcoin Energy Debate, Feat. ...
This episode is sponsored by , and . Today, the Bitcoin energy debate is all about how much energy bitcoin mining consumes, and what percentage of that comes from renewable sources. Today’s guest Troy Cross argues that in the future, Bitcoin...
52 min
1011
The Geopolitical Shifts Shaping the Economy, Fe...
This episode is sponsored by , and . NLW kicks off his “Midsummer Macro” series with a deep dive conversation with Demetri Kofinas, host of the “Hidden Forces” podcast. They discuss the Fed, inflation, the secular shift to...
49 min
1012
For Russia and Ukraine Refugee Charities, Crypt...
This episode is sponsored by , and . On today’s episode of “The Breakdown,” NLW looks at the possible reasons for crypto’s recent rally and discusses the growing role of crypto in Russia and Ukraine related to refugee nonprofits and...
16 min
1013
The Ethereum Merge Settles In as Next Crypto Na...
This episode is sponsored by , , and . On today’s episode, NLW covers the crypto industry chatter around the Ethereum Merge. Last week, ETH devs pointed to September as a likely date for the transition from proof-of-work to proof-of-stake,...
17 min
1014
A Primer on Balaji’s “Network State”
This episode is sponsored by , , and . On this week’s Long Reads Sunday, NLW reads the “essay” version of Balaji Srinivasan’s new book - is a security-first platform where you can buy, exchange and borrow against your crypto....
18 min
1015
Markets Are Betting On a 100bps Rate Hike This ...
This episode is sponsored by , , and . On this edition of the Weekly Recap, NLW looks at: The markets new expectations for a 100bps or 1% rate hike at this month’s FOMC meeting 3AC and Celsius news Mt. Gox FUD Bank protests in China ...
16 min
1016
A K-Shaped Recession?
This episode is sponsored by , , and . Is a recession coming? Are we in a recession already? Can we be in a recession with only 3.6% unemployment? On today’s episode, NLW explores the new narrative of recession starting to take hold in...
17 min
1017
Giving Up the Ghost? It’s Chapter 11 Time for C...
This episode is sponsored by , , and . On today’s episode, NLW covers Celsius moving into Chapter 11 bankruptcy proceedings. This move has been anticipated for some time, but in advance Celsius sought to repay as many of its DeFi loans as...
15 min
1018
Now at 9.1%, Inflation Just Keeps Going Up
This episode is sponsored by , , and . Nothing is more important to markets right now than how the Fed responds to inflation. On today’s show, NLW discusses the latest consumer price index numbers for June. He argues that they make it likely that...
16 min
1019
The Battle Around Three Arrows Capital
This episode is sponsored by , , and . On today’s episode of “The Breakdown,” NLW looks at the latest in the battle involving toppled former crypto giant hedge fund Three Arrows Capital, including accusations from liquidators the...
16 min
1020
Elon Pulls Out
This episode is sponsored by , , and . After months of dithering, Elon Musk announced last Friday he would officially be pulling out of his deal to acquire Twitter for $44 billion. He cited as his reason a lack of transparency or clarity...
16 min
1021
Can DAOs Do More Than Coordinate Money?
This episode is sponsored by , and . On this week’s “Long Reads Sunday,” NLW reads and discusses: “” by Parker McCurley “” by Simon Yu - is a security-first platform where you can buy, exchange and...
15 min
1022
After Prime Minister Boris Johnson Resigns, Are...
This episode is sponsored by , and . After years of what many would consider hostility to the industry, the British government did a major about-face in April when Chancellor of the Exchequer Rishi Sunak announced the country’s...
14 min
1023
The Wall Street Journal Calls Out SEC Chairman ...
This episode is sponsored by , and . The crypto industry hasn’t been particularly pleased with the SEC under Gary Gensler. In particular, the continued rejections of bitcoin spot ETFs (even after a futures ETF was approved last...
17 min
1024
Should the People Making Crypto Policy Own No C...
This episode is sponsored by , and . The U.S. Office of Government Ethics released rules this week that executive branch staffers who owned crypto would not be allowed to work on any crypto-related regulation. NLW explores the pros and...
17 min
1025
The Dollar Wrecking Ball
This episode is sponsored by , and . On today’s episode, NLW digs into the idea of the U.S. dollar as a global wrecking ball, and explores why the dollar is the strongest it has been against other currencies in 20 years. As part of...