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.


Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/

Business
Investing
1326
A Partial Victory in the Infrastructure Bill Ba...
First, the Brief: Bank of America’s research highlights the pros of El Salvador's bitcoin law Federal Reserve Governor Lael Brainard discusses the need for a U.S. CBDC Bank of China intends to continue significant pressure on crypto No sign of a...
16 min
1327
Gaming as a Tool of Economic Empowerment
The broader crypto sector encompasses more than just policies and price action: Decentralized technology has given rise to immersive play-to-earn digital economies where players can maximize their gaming experience. In this “Long Reads Sunday,”...
11 min
1328
Crypto Allies Rally and Race to Fix the Infrast...
On this episode of “The Breakdown’s Weekly Recap,” NLW covers the past week’s biggest financial, regulatory and markets news, including: The three simultaneous crypto hearings across Congress Binance’s moves to position itself favorably for...
14 min
1329
BlockFi’s Lead Investor Bows Out Amid Regulator...
Today on the Brief: Robinhood's underperforming IPO and settlement battles  MicroStrategy’s continued faith in bitcoin  Proposed sweeping crypto legislation  Robinhood’s underperforming initial public offering came amid settlement...
12 min
1330
The Senate Shoves a Dangerous, Last-Minute $28B...
First, on the Brief: U.S. growth last quarter performing under economists’ expectations Robinhood's subdued IPO debut "Wild amounts" of capital going into crypto In the main discussion, NLW addresses the specifics, reactions and potential impacts...
12 min
1331
How Decentralized Is DeFi?
On this episode of “The Breakdown,” NLW addresses the recent wave of increased regulatory scrutiny, one that has prompted the crypto industry to prepare itself for the possibility of legislation. The discussion includes: A distinction of...
14 min
1332
US Senate Banking Committee Asks ‘What Are Cryp...
Today on the Brief: Crypto venture funding continues   In today’s main discussion, NLW addresses not one, not two but three crypto hearings today spread across the Senate and House. One with a focus on ransomware, another on central bank...
14 min
1333
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
1334
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
1335
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
1336
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
1337
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
1338
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
1339
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
1340
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
1341
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
1342
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
1343
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
1344
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
1345
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
1346
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
1347
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
1348
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
1349
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
1350
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