A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.
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
1227
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
1228
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
1229
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
1230
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
1231
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
1232
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
1233
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
1234
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
1235
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
1236
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
1237
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
1238
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
1239
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
1240
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
1241
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
1242
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...
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
1244
George Soros and Steve Cohen Go In on Bitcoin; ...
In this episode of “The Breakdown,” NLW discusses a fresh wave of investors and their potential disruptions to markets, including: Two new major hedge funds, Point72 and Soros Fund Inevitable short-term investors as part of market maturation...
12 min
1245
A "Crypto Frenzy"? Today's Congressional Hearin...
An interview with a congressman followed by a congressional hearing on crypto signal policymakers are moving to the next phase of talks about regulating crypto. Troubling comments in Congressman Bill Foster’s interview with Axios Upcoming committee...
19 min
1246
How the Macro Landscape Is Shaping Bitcoin Markets
Highlights from today’s Breakdown: The latest legal challenges around the Bitcoin white paper A barrage of institutional bitcoin news What the S&P 500 hitting all-time highs has to do with the crypto markets For those worried there...
10 min
1247
The Real Story of the UK Binance Ban
Today on the Brief: Indian investment in crypto soars The first Mexican bank to accept bitcoin? Tether FUD from the FED? In our main discussion, NLW looks at recent regulatory action from the U.K., Canada and Japan. He argues that...
12 min
1248
The Great Western Hashrate Migration Is Real
On this week’s “Long Reads Sunday,” NLW reads Nic Carter’s latest essay for CoinDesk “.” -- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at https://nexo.io/ -- Enjoying this content? ...
10 min
1249
Even in an Off Week, Bitcoin Had Quietly Massiv...
On this edition of “The Breakdown’s Weekly Recap,” NLW looks at: Two more massive fundraises A set of positive regulatory news A new partnership that will bring bitcoin directly to bank accounts and credit unions around...
7 min
1250
Elon Shitposting While El Salvador's President ...
Last night was one for the history books. As Elon Musk was making weird, stupid jokes about bitcoiners, the president of El Salvador was live on YouTube discussing what amounts to a $117 million BTC airdrop to citizens as a part of the recently passed...