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
1051
Are Amazon Rumors Behind Bitcoin’s Biggest Surg...
Crypto’s green weekend was the biggest surge in recent months. On this episode of “The Breakdown,” NLW analyzes the various forces behind the success, including: An Amazon job posting and token rumor Viral tweets from a teenager and an...
13 min
1052
Using History As A Weapon: The Latest Political...
On this week’s “Long Reads Sunday,” NLW reads Nic Carter’s recent essay -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify:...
12 min
1053
Is U.S. Crypto Regulatory Bluster About to Beco...
On this edition of the “Weekly Recap,” NLW covers: Institutional interest revamping The B Word conference, Elon’s reveal of SpaceX BTC holdings NFT platform OpenSea’s funding round success Regulatory bodies pursuing BlockFi -- Enjoying this...
9 min
1054
Bitcoin’s Big Institutional Week: JPMorgan Brin...
This week, institutional involvement was revived after the past few months’ inactivity. NLW covers new evidence for institutional interest, including: A billionaire you can’t ignore JPMorgan offering crypto exposure Galaxy Digital’s big bank...
11 min
1055
Everything You Need to Know About Elon, Jack an...
On this episode of “The Breakdown,” host NLW dissects a highly-anticipated discussion between Cathie Wood, Jack Dorsey and Elon Musk at yesterday’s “The B Word” conference, including: Wood’s predictions of deflation rather than inflation...
18 min
1056
Bitcoin Reclaims $30K as the Macro Discussion S...
Bitcoin is up just over 7% in the last 24 hours, following its first close below $30,000 since New Year’s Day. On this episode of “The Breakdown,” NLW proposes possible explanations for this reversal, including: Competing concerns of Inflation...
12 min
1057
So THIS Is ‘And Then They Fight You’
“First they ignore you, then they laugh at you, then they fight you and then you win.”    In this episode of “The Breakdown,” NLW examines crypto’s current “and then they fight you” phase, citing recent regulatory battles: ...
16 min
1058
Will DAOs Break the Power of Venture Capitalists?
In addition to the deep dive into distributed autonomous organizations, or DAOs, and their future in venture capital, today’s “The Brief” covers: The bubble continuing to inflate as markets roll over historical indicators SushiSwap, the...
17 min
1059
Why Governments Should Invest in Bitcoin Infras...
This week’s “Long Reads Sunday” is a reading of “” by Andrew Bailey and Bradley Rettler. -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify:...
13 min
1060
Paraguay's Leaked Crypto Law: Depressing Dud or...
On this edition of the “Weekly Recap,” NLW covers: The latest in Binance’s global regulatory troubles  Leaked crypto legislation from Paraguay  Capital Group’s big bet on MicroStrategy The U.K.’s Financial Conduct Authority slated...
10 min
1061
Square Sets Out to Bring DeFi to Bitcoin
Square has announced a new initiative, titled “TBD,” that CEO Jack Dorsey describes as “focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless and decentralized financial...
13 min
1062
BlackRock CEO Seeing No Demand for Crypto
On this episode of “The Breakdown,” NLW addresses recent shifts in institutional and regulatory discussions on crypto, including: How BlackRock CEO Larry Fink sees the state of crypto  ShapeShift’s final structural shift Fed Chairman Jay...
14 min
1063
Federal Reserve Vice Chair: ‘We Do Not Need to ...
On this episode of “The Breakdown,” NLW analyzes a stablecoin-focused speech from Randal Quarles, vice chair of the Federal Reserve, starting with a primer on developing trends related to the topic, including: CBDC discussion, investigation and...
19 min
1064
While Others Warn of Market Bubble, Bitcoin Bul...
On this episode of “The Breakdown,” NLW analyzes value investor turned bitcoin bull Bill Miller’s contrarian take on a possible upcoming market bubble. Miller’s background lies in traditional markets, with a massive portion of his portfolio...
17 min
1065
Bitcoin Leads to Hyperinflation? Meet the Stran...
In this episode, NLW focuses on: Inflation measures, impacts and who’s to blame News out of Paraguay concerning pro-bitcoin legislation A recent “Wall Street Journal” survey of economists revealed they expect higher inflation rates to persist...
12 min
1066
The Progressive Case for Bitcoin
On this edition of “Long Reads Sunday,” NLW reads an excerpt from Sen. Elizabeth Warren’s to SEC Chairman Gensler about crypto and crypto exchanges. NLW then reads an essay responding to Warren’s recent discussions of the topic from Murtaza...
12 min
1067
Can a New Wave of Crypto IPOs Rekindle Wall Str...
On this edition of “The Breakdown’s Weekly Recap,” NLW looks at how Wall Street momentum in crypto rose last year only to fade this year. With Circle coming to markets via a SPAC merger and Robinhood going public, is there a chance those events...
14 min
1068
As Biden Targets Big Tech, a Reminder That Dece...
On this episode of “The Breakdown,” NLW analyzes President Joe Biden’s “Factsheet: Executive Order on Promoting Competition in the American Economy,” including: The shift in public sentiment against Big Tech The order’s implications to...
18 min
1069
Are GBTC Unwinds Bullish or Bearish for Bitcoin?
NLW explores the debate surrounding the GBTC unlock’s bearish or bullish nature on this episode of “The Breakdown,” including:  Historical impacts of market structure on prices GBTC’s influence on markets as its premium attracted...
22 min
1070
De-Globalization vs. De-Nationification: Which ...
Today on “The Breakdown,” NLW explores what he calls “the shifting tectonic plates of the global social order.” On one side, he argues, are the forces of de-globalization, with nations turning inward and focusing on economic sovereignty. Part...
13 min
1071
Will Bitcoin or Russia Be Blamed for the Latest...
On this extended-brief style episode of “The Breakdown,” NLW discusses recent news, FUD and policy in the world of crypto, including: The ransomware group behind the Colonial Pipeline attack strikes again An increasing list of regulatory actions...
11 min
1072
The State of Institutional Adoption of DeFi, Fe...
This conversation was originally released as a sponsored content webinar from Circle and CoinDesk. NLW decided to release it on his podcast of his own volition and was not paid to do so. The conversation covers why institutions are becoming interested...
43 min
1073
Declaring Independence and Freedom From Bitcoin...
On this holiday edition of “Long Reads Sunday,” NLW reads Jeff Dorman’s .” -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify:...
11 min
1074
Are We On the Verge of a New Regulatory Era in ...
On this edition of “The Breakdown’s Weekly Recap,” NLW looks at: Why this week’s congressional hearing suggests elected officials are taking crypto more seriously  A slate of CBDC news from around the world The beginning of a new macro...
8 min
1075
Network Undergoes Biggest Difficulty Adjustment...
Today on “The Breakdown,” NLW looks at the latest in the highly dynamic, fast-evolving world of bitcoin mining, including: China’s mining ban and the “Great Western Hashrate Migration” Bitcoin’s built-in hashrate fluctuation mitigation,...
11 min