Nathaniel Whittemore

One of the key themes for 2022 is the relationship between governments and the crypto industry. On today’s show, NLW looks at the latest from India, one of the countries with the highest degree of speculation on whether banning or regulation is the path forward. The regulatory and legalization path got a big boost earlier this week during the finance minister’s annual presentation of the budget to Parliament. NLW also covers Russia’s seeming path to regulatory integration of crypto, as well. Source link

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On this week’s “Long Reads Sunday,” NLW pulls out some of the most interesting data from innovation investor ARK’s latest report. See also: Cathie Wood on Why Central Banks Will Add Bitcoin to Their Balance Sheets “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor […]

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Overearth/iStock/Getty Images Plus, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. Source link

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On this edition of the “Weekly Recap,” NLW examines why NFTs are having their best month ever, even as the rest of the crypto market bleeds value. See also: OpenSea’s Week From Hell “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by […]

Today on “The Breakdown,” NLW looks at a topic that has seized the attention of the crypto policy community. Hidden in the America COMPETES Act is a change to the Bank Secrecy Act that would allow the secretary of the treasury to compel financial institutions to conduct extraordinary surveillance or even prohibit financial activity entirely on accounts they suspect of money laundering without any public notice or checks and balances. NLW breaks down the proposed change, the response and what it says about the state of the crypto lobby. Source link

When Nayib Bukele announced that El Salvador would be making bitcoin legal tender, the international monetary establishment acted with some amount of skepticism. When he announced the nation would be issuing bitcoin bonds, that skepticism turned to anger. Now, the IMF is pushing El Salvador to ditch BTC as legal tender altogether. On today’s episode, NLW explores what’s really going on. Source link

On today’s episode, NLW looks at the growing bearish sentiment around the crypto industry. The culprit, he argues, is a deepening macro malaise that has been exacerbated by growing concerns about war in Eastern Europe. That, piled on top of existing inflation concerns and the Fed’s 180-degree shift from quantitative easing to quantitative tightening have the week kicking off in a particularly bearish mood. Source link

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On this week’s “Long Reads Sunday,” NLW reads David Z. Morris’ “Meta Leans In to Tracking Your Emotions in the Metaverse.” See also: Who Writes the Story of the Metaverse? “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: […]

This episode is sponsored by Nexo, Abra and FTX US. Download this episode This week on the “Weekly Recap,” NLW breaks down the House hearing on energy in the crypto industry. He looks at problems with the advance memo and provides refutations of some of the misunderstandings. See also: Witnesses Debate Crypto Mining’s Efficiency in Congressional Hearing on Environment “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by […]

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW looks at the latest from governments and crypto, including: India’s prime minister calling for global cooperation to “fight” crypto Pakistan’s security agency blocking crypto sites The U.K., Singapore and Spain introducing new rules around crypto advertising See also: Fidelity: ‘Countries That Secure Some Bitcoin Today Will Be Better Off Than Their Peers’ “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is […]

This episode is sponsored by Nexo, Abra and FTX US. Download this episode This week’s “Long Reads Sunday” reading is Max Baucus’ “The Urgent Need for Regulatory Clarity on Stablecoins.” See also: Strike App Won’t Support Bitcoin in Argentina “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Lintao Zhang/Getty Image News, […]

This episode is sponsored by Nexo, Abra and FTX US. Download this episode In today’s “Weekly Recap,” NLW looks at a slew of funding rounds announced this week, including: Near Protocol, $150 million ZeroHash, $105 million Checkout.com, $1 billion SEBA, $119 million DeFi Alliance (now Alliance DAO), $50 million FTX Ventures, $2 billion See also: SEC Must Surrender Hinman Email on Ether to Ripple, Judge Rules “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer […]

This episode is sponsored by Nexo, Abra and FTX US. Download this episode This was, NLW argues, a very good week for crypto. He covers: The mayor of Rio announcing big bitcoin/crypto support this week Strike launching in Argentina Northwest Arkansas offering tech workers $10,000 in BTC and a bike to move to the region A congressman introducing legislation to ban the Fed from issuing a CBDC Jack Dorsey’s Block building bitcoin mining hardware See also: Bitcoin Price Analysis, Inflation, Rio de Janeiro to Add Bitcoin to Treasury and More “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by […]

This episode is sponsored by Nexo, Abra and FTX US. Download this episode On today’s episode, NLW covers: The new Bitcoin Legal Defense Fund from Jack Dorsey and others Crypto nuggets from 250 pages of former Treasury Secretary Steven Mnuchin’s emails The latest out of the Agriculture and Energy committees in Congress as it relates to crypto regulation Crypto hedge funds massively outperform TradFi See also: Dorsey Proposes Non-Profit Bitcoin Legal Defense Fund for Developers “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. […]

This episode is sponsored by NYDIG. Download this episode On this episode of “The Breakdown’s” “End of Year Extravaganza,” NLW is joined by Muneeb Ali. Muneeb is the co-founder of Stacks and CEO of Hiro. In this conversation, he discusses the programmable smart-contract future of Bitcoin as the base layer for the new internet. Find our guest on Twitter: @muneeb See also: Stacks Network’s STX Token Jumps 50% as Bitcoin Struggles Amid Seesawing Fed Rate-Hike Bets “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support […]

This episode is sponsored by NYDIG. Download this episode On this episode of “The Breakdown’s” “End of Year Extravaganza,” NLW is joined by Santaigo Santos. Santiago is a crypto investor, thinker and podcast. He built one of the first funds in DeFi, was early into NFTs and is heavily involved in the DAO space. Find our guest on Twitter: @santiagoroel See also: Pantera’s Paul Veradittakit’s 2022 Predictions “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive […]

This episode is sponsored by NYDIG. Download this episode Today on “The Breakdown’s” “End of Year Extravaganza,” NLW is joined by the co-founder and managing partner of Nexo. Find our guest on Twitter: @AntoniNexo See also: Crypto Lender Nexo Teams Up With Fidelity to Offer Products for Institutional Investors “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our holiday theme music is “Spike The Eggnog” by Two Dudes. The music you heard today […]

This episode is sponsored by NYDIG. Download this episode On this episode of “The Breakdown’s” “End of Year Extravaganza,” NLW is joined by Deeze. Deeze is known throughout NFT circles as a true community member. As host of one of the most popular regular Twitter Spaces on NFTs, he creates context for many to explore the emerging area of non-fungible tokens. Find our guest on Twitter: @DeezeFi See also: CoinDesk ‘Most Influential’ Artists Sell Charity NFTs for 50 ETH “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and […]

This episode is sponsored by NYDIG. Download this episode Welcome to “The Breakdown’s” “End of Year Extravaganza.” First up, Whit Gibbs, CEO of Compass Mining. Find our guest on Twitter See also: Paraguay’s Senate Approves Proposal Regulating Crypto Mining and Trading “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our holiday theme music is “Spike The Eggnog” by Two Dudes. The music you heard today behind our sponsor is “Dark Crazed Cap” by […]

This episode is sponsored by NYDIG. Download this episode For the final “Long Reads Sunday” of the year, NLW reads Michael Casey’s “Dogecoin and the New Meaning of Money.” See also: Web 3 Is a Return to the Internet’s Wild Spirit “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image […]

This episode is sponsored by NYDIG. Download this episode On this episode of “The Breakdown,” NLW previews the forthcoming “End of Year Extravaganza” by answering the same questions he’ll be asking a dozen guests in the weeks to come. See also: How NFTs Put Generative Artists on the Map “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor […]

This episode is sponsored by NYDIG. Download this episode Today’s episode digs through two excellent end-of-year reports from Messari and The Block to curate a set of numbers and statistics that tell the story of the markets in 2021. These numbers include growth in on-chain metrics, hashrate and other types of adoption. See also: US Claims Bitcoin Mining Crown Following China Crackdown “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music […]

This episode is sponsored by NYDIG. Download this episode On this week’s “Long Read’s Sunday,” NLW looks at DAOs and their benefits over traditional fundraising, reading: “DAOs and the Next Crowdfunding Gold Rush” by Will Gottsegen “What Kickstarter Going Decentralized Means for Web 3″ by Daniel Kuhn “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark […]

This episode is sponsored by NYDIG. Download this episode CoinDesk has just completed its list of 2021′s 50 Most Influential people. On today’s episode, NLW shares that list, and then adds brief commentary on 10 more people or groups that he might have included, including Dylan LeClair and Will Clemente, Punk 6529, Visa’s Cuy Sheffield and more. See also: Most Influential 2021: Jack Mallers “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our […]

This episode is sponsored by NYDIG. Download this episode November inflation came in at 6.8%, the highest in 39 years. In this episode, NLW looks at: The state of the inflation discussion following October Why the Biden administration tried to reframe expectations leading into Friday’s announcement Why CEOs are selling their stock Why bitcoin is going down after high inflation See also: Bitcoin Outlook as Inflation Fear Weighs on Economy “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is […]

This episode is sponsored by NYDIG. Download this episode Yesterday the House Financial Services Committee held a hearing on the future of digital assets. Shockingly to almost everyone, the tone was respectful, collegial and considered, and lawmakers seemed genuinely interested in working toward a greater understanding of the industry. In today’s episode, NLW covers why the hearing felt different as well as key themes like U.S. dollar hegemony and the rebranding of crypto to “Web 3.” See also: LIVE BLOG: House Meets on Crypto Regulation “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, […]

This episode is sponsored by NYDIG. Download this episode Today’s episode covers a set of topics, including: Visa’s new crypto advisory unit An AWS official is leaving for Unstoppable Domains AWS downtime brings up questions of decentralized infrastructure Saule Omarova withdraws nomination for OCC chief Dan Tapiero’s 10T raises a fresh $500 million Eric Schmidt joins ChainLink Labs as an advisor Ubisoft announces NFTs coming to games See also: Bitcoin Drops 5%, Slipping Below $50K on Leverage Washouts “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production […]

This episode is sponsored by NYDIG. Download this episode This week’s Long Reads Sunday is a reading of Dan Jeffries’ “The Future of Money: A History.” “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: KTSDESIGN/Science Photo Library/Getty Images, modified by CoinDesk. Source link

This episode is sponsored by NYDIG. Download this episode On this edition of “The Breakdown Weekly Recap,” NLW covers: The latest jobs report and what it means for Fed policy Comments from SEC Chair Gensler and a House crypto hearing next week The latest institutional bitcoin news from Fidelity and Goldman Sachs See also: Warren Targets Bitcoin Miner Greenidge’s Environmental Footprint “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is […]

This episode is sponsored by NYDIG. Download this episode As part of CoinDesk’s Future of Money week, they asked some of crypto’s biggest brains for their predictions on the future of money. In today’s episode, NLW goes one by one through those predictions, saying whether he agrees or disagrees and why. Read the original: The Future of Money: 20 Predictions “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” […]

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: Alex Wong/Getty Images News, modified by CoinDesk. Source link

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW looks at two topics. The first is the market crash that left bitcoin down 8.5% on Friday, only to partially recover over the weekend. NLW looks at the combination of macro factors – led by the Omicron COVID-19 variant – that may or may not have contributed to the turbulence. Second, he looks at the announcement that Jack Dorsey is stepping down from the CEO role at Twitter, to be replaced by Chief Technology Officer Parag Agrawal. What will this mean for bitcoin? Will Jack be spending more time […]

This episode is sponsored by NYDIG. Download this episode On this week’s “Long Reads Sunday,” NLW draws from two threads by @punk6529 on Twitter: On a Pathway to an Open Metaverse On America and Crypto See also: ‘Crypto-States’ Will Compete With Corporates in the Metaverse “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” […]

This episode is sponsored by NYDIG. Download this episode On the final part of his three-part miniseries “Gratitude for Bitcoin,” NLW is joined by Stillmark’s Alyse Killeen, a venture capitalist focused entirely on the bitcoin ecosystem. Alyse explains how remarkable it was that bitcoin was ready for nationwide adoption in El Salvador and gives a preview on what she thinks is coming to the network in 2022. Find Alyse Killeen on Twitter: @AlyseKilleen See also: Bitcoin, the Evolving Organism “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and […]

This episode is sponsored by NYDIG. Download this episode On part 2 of NLW’s three-part “Gratitude for Bitcoin” miniseries, he’s joined by serial bitcoin entrepreneur and Kraken’s director of growth marketing, Dan Held. Dan discusses the changes happening as bitcoin goes mainstream and argues that this sort of change is inevitable. Find Dan Held on Twitter: @danheld See also: The Definitive Breakdown of All Bitcoin FUD, With Dan Held “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is […]

This episode is sponsored by NYDIG. Download this episode Today, NLW kicks off his “Gratitude for Bitcoin” three-part miniseries with Bitcoin Magazine and UTXO Management bitcoin analyst Dylan LeClair. Find Dylan on Twitter: @DylanLeClair_ See also: The ‘Bitcoin City’ Fantasy “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: […]

This week, after months of speculation, President Joe Biden has named Jerome Powell to a second term as Federal Reserve chairman. His most likely alternate, Lael Brainard, was promoted to vice chairwoman. On today’s episode of “The Breakdown,” NLW looks at why full employment remains at the centerpiece of the Fed agenda even as the nominations herald a narrative pivot on inflation. He also discusses the likely impacts to bitcoin, stablecoins and crypto more broadly. Source link

This episode is sponsored by NYDIG. Download this episode In today’s Long Reads Sunday, NLW goes back to read excerpts from two Nic Carter pieces that seem particularly prescient today, as the U.S. weighs the opportunities and risks of stablecoins. Policymakers Shouldn’t Fear Digital Money: So Far It’s Maintaining the Dollar’s Status The Crypto-Dollar Surge and the American Opportunity See also: ECB Sounds Alarm Over Linkages Between Stablecoins and Conventional Financial Markets “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Michele Musso & Adrian Blust, research by Scott Hill and additional production support by […]

This episode is sponsored by NYDIG. Download this episode From $400 million to a crypto exchange to $2.5 billion for the biggest crypto fund in history, NLW tells the story of this week’s big fundraising events by the numbers. See also: Polkadot Parachain Auctions: Acala Wins Neck-and-Neck Race With Moonbeam “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Michele Musso & Adrian Blust, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard […]

This episode is sponsored by NYDIG. Download this episode Last night the crypto community waited with bated breath to see who had won the first printing of the U.S. Constitution. Despite raising over $40 million from 17,000 people, the ConstitutionDAO was ultimately outbid. In this episode, NLW discusses how the DAO came together, how the bidding went down and how the community should feel about its near-miss. See also: ConstitutionDAO Outbid for First Printing of America’s Founding Document in Sotheby’s Auction “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Michele Musso & Adrian Blust, […]

This episode is sponsored by NYDIG. Download this episode Bitcoin has been on a journey over the last 24 hours, from nearly $65,000 all the way down to $58,000 and everywhere in between. On today’s episode, NLW explores what’s driving it, including: Leveraged traders left over from last week’s all-time high Twitter CFO saying no investments in crypto President Biden signing the U.S. infrastructure bill with crypto broker redefinition Inflation questions Federal Reserve leadership questions Finally, he points to Marathon’s offering of a half billion dollars in debt to buy more BTC and rigs as a counter-indicator. See also: Bitcoin, Ether […]

This episode is sponsored by NYDIG. Download this episode On this edition of “Long Reads Sunday,” NLW reads two pieces: “Why Shouldn’t the Navajo Mine Bitcoin?” by William Foxley “This Imprisoned Russian Artist Is Selling NFTs to Support His Family and Fellow Inmates” by Anna Baydakova See also: Carbon Offsets Are a Distraction for Crypto “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Adrian Blust, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The […]

This episode is sponsored by NYDIG. Download this episode On this edition of “The Breakdown Weekly Recap,” NLW follows up on the story about the politics of bitcoin with an SEC commissioner’s recent essay on decentralized finance (DeFi). He also looks at the forthcoming Taproot upgrade, and how it may coincide with plans from the newest division of Square – TBD – to announce bitcoin DeFi plans. See also: Locked In: Bitcoin’s Taproot Upgrade Gets Its 90% Mandate “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional […]

This episode is sponsored by NYDIG. Download this episode On today’s episode of “The Breakdown,” NLW looks at how bitcoin’s place in the political dialogue in the United States has changed dramatically over the years. He argues 2021 will be remembered as the year politicians started taking the industry seriously. The episode features a thread from Ohio U.S. Senate candidate Morgan Harper: https://twitter.com/mh4oh/status/1458064822772375565 See also: ‘Probably Nothing’: Why People Still Hate Crypto “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam […]

This episode is sponsored by NYDIG. Download this episode Yesterday was quite the day. A 6.2% inflation print led to a new bitcoin all-time high. Within hours, however, BTC’s price crashed 10% on an overall risk-off move in markets. That was precipitated by rumors that China’s Evergrande was about to default on its debts. NLW argues that the moves show how market structure and macro realities impact bitcoin. See also: Bitcoin Retreats From All-Time High, Empire Offers First Artist Advance in Bitcoin With Rapper Money Man “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob […]

This episode is sponsored by NYDIG. Download this episode New statistics show a 6.2% rise in the consumer price index (CPI) year over year for October. On today’s episode, NLW breaks down the news, discussing: How the 2020 inflation debate set up the current bitcoin bull run The debate around “transitory” inflation in 2021 How the inflation debate is impacting U.S. politics Why bitcoin is achieving new all-time highs See also: Bitcoin Jumps to New All-Time High as Inflation Spikes to 6.2% in October “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research […]

This episode is sponsored by NYDIG. Download this episode On this week’s “Long Reads Sunday,” NLW looks at two very different takes on the economy in threads by Raoul Pal and Alex Good. See also: NFTs Take Over NYC “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: VectorInspiration/DigitalVision […]

This episode is sponsored by NYDIG. Download this episode On this edition of “The Breakdown Weekly Recap,” NLW covers: SEC Chair Gensler’s recent comments on crypto enforcement The OCC concludes its crypto sprint Why the crypto community is so concerned about Infrastructure Bill amendment 6050I The vibe from NFT.NYC See also: Market Wrap: Bitcoin Could Break Out and Rise With Altcoins Next Week “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme […]

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW gets macro with a discussion of a flattening of the yield curve and what increasingly seems like a failed yield curve control experiment in Australia. He looks at: What the “yield curve” is What a yield curve flattening or inversion is signaling The latest from the U.S. Federal Reserve on tapering Australia’s yield curve control problem See also: Will Bitcoin Win When the Fed Stops Buying Bonds? “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill […]

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW follows up on the burgeoning bitcoin-mayor competition between New York City’s Eric Adams and Miami’s Francis Suarez. The show’s main topic is an open letter sent by Congressional Blockchain Caucus co-chairs Rep. Tom Emmer and Rep. Darren Soto to Securities and Exchange Commission Chair Gary Gensler about the recent approvals of bitcoin futures-based exchange-traded funds. They argue it simply doesn’t make sense to approve a futures ETF but not a spot ETF that holds actual bitcoin. Surprise, surprise, the crypto community agrees. See also: US Lawmakers Call for […]

This episode is sponsored by NYDIG. Download this episode 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 significance of its recommendation that Congress legislate stablecoins The reactions of the crypto community, stablecoin issuers and interested politicians See also: The US Treasury’s Stablecoin Report Would Treat Issuers Like Banks, but Doesn’t Address How “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. […]

This episode is sponsored by NYDIG. Download this episode This week’s “Long Reads Sunday” is a reading of EY Global Blockchain Lead Paul Brody’s latest essay for CoinDesk: “We Are Already Living in a Post-Scarcity World.” See also: MicroStrategy CEO Michael Saylor’s 17,732 BTC Holdings Now Worth $1.1B “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is […]

This episode is sponsored by NYDIG. Download this episode 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 others. At the heart of it is the question of whether inflation or deflation is the more powerful force in the months and years to come. See also: Jack Dorsey Is Right About Inflation – Partly “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional […]

This episode is sponsored by NYDIG. Download this episode 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 calling the metaverse. In this episode, NLW looks at the reactions to the news, from those who think it represents a huge mainstreaming opportunity for crypto and non-fungible tokens to those who see it as potentially devastating for the future of the internet. See also: Decentraland’s MANA Jumps 80% as Facebook Rebrand Fuels Metaverse Bets “The Breakdown” is […]

This episode is sponsored by NYDIG. Download this episode 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 bit of jockeying behind the scenes for authority. A new report suggests the Securities and Exchange Commission has been successful in its lobbying efforts to take a stronger hand with the fast-growing stablecoin market. See also: DCG’s $1B Pledge and an SEC Filing Kindle Fresh Speculation on ‘Grayscale Discount’ “The Breakdown” is […]

This episode is sponsored by NYDIG. Download this episode 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: How to Do Business as a DAO Thread: DAOs as Changing the Fate of the Species See also: Martin Shkreli’s Wu-Tang Clan Album Now Belongs to a DAO “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer […]

This episode is sponsored by NYDIG. Download this episode 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 spate of fundraising, particularly for crypto-focused venture capital funds New institutional and mainstream adoption of crypto by $2 trillion asset manager PIMCO and Walmart See also: Why a Bitcoin Futures ETF Is Bad for Investors “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our […]

This episode is sponsored by NYDIG. Download this episode 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 the entire cryptosphere – bitcoiners, ethereans and beyond – are sort of not having it. NLW gives the context and background of Silicon Valley’s history with bitcoin and crypto in order to help explain the reaction to Worldcoin. Featuring Dan Held “Why Silicon Valley Doesn’t Get Bitcoin.” See also: Worldcoin, Now Valued at $1B, Has Grand Plans […]

This episode is sponsored by NYDIG. Download this episode 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 inflationary hedge. On today’s episode, NLW looks at the rising discussion of inflation in the media and in mainstream American society. He discusses why the inflation conversation, even more than the ProShares bitcoin futures ETF, might be driving bitcoin’s current rise. He also shares Paul Tudor Jones’s latest comments from “Squawk Box” on CNBC regarding the inflation issue. See also: […]

This episode is sponsored by NYDIG. Download this episode On this week’s “Long Reads Sunday,” NLW reads SEC Commissioner Hester Peirce’s recent speech: “Lawless in Austin.” See also: SEC Approves Bitcoin Futures ETF, Opening Crypto to Wider Investor Base “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: danm/Moment/Getty Images, modified by CoinDesk. Source link

This episode is sponsored by NYDIG. Download this episode 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 who suggest that a bitcoin futures ETF won’t be all it’s cracked up to be. See also: Bitcoin Climbs Above $60K After Report That SEC Won’t Block Futures ETF “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine […]

This episode is sponsored by NYDIG. Download this episode On this edition of “The Breakdown Weekly Recap,” NLW looks at two new policy frameworks released by companies in the crypto and Web 3 space. The first comes from Coinbase and argues there should be a new regulator for digital assets. The second comes from venture capital firm Andreessen Horowitz (a16z) and is a holistic approach to what it calls the third generation of the internet. See also: Crypto Finally Makes the Cut in OCC’s 2022 Bank Supervision Operating Plan “The Breakdown” is written, produced by and features NLW, with editing by […]

This episode is sponsored by NYDIG. Download this episode On this edition of “Long Reads Sunday,” NLW reads “Revolution, Macro and Micro: Three Ways to Look at a Bitcoin Investment.” Blumberg argues that as bitcoin and digital assets get more mainstream, the industry would do well to better understand the different philosophies that pull in people. See also: BlockFi Files for Bitcoin Futures ETF “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. […]

“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Joe Raedle/Getty Images News, modified by CoinDesk. Source link

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW covers some of the topics he’s missed throughout the week, including: A new report from Bank of America that calls digital assets “too big to ignore” US Bank custodying crypto via NYDIG An underperforming jobs report Bitcoin futures ETF speculation hits fever pitch Chainalysis report on global adoption BitGo sees growing corporate interest The Federal Reserve says it’s going to start researching a CBDC See also: Morgan Stanley Silvergate Report Sends Crypto-Friendly Bank Up 7% “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell […]

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW homes in on recent reports surrounding the Biden administration’s plans for stablecoins. A new report from the Wall Street Journal says there is a debate between using the Financial Stability Oversight Committee to add new rules for stablecoins and to regulate stablecoin issuers like banks. The crypto industry’s big question seems to be: Will crypto institutions be allowed to play, or will big banks shove them out? See also: The US Inches Closer to Stablecoin Rules “The Breakdown” is written, produced by and features NLW, with editing by […]

This episode is sponsored by NYDIG. Download this episode On this week’s edition of “Long Reads Sunday,” NLW reads four Twitter threads: Alex Gladstein on whether the crypto experiment has failed Russian political opposition figure Alexey Navalny on big tech complicity Adam Cochran on the debt ceiling chicken game Jason Yanowitz on why CryptoPunks will be worth $10m See also: We Can Use as Much Energy as We Want, Forever “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme […]

This episode is sponsored by NYDIG. Download this episode On this edition of “The Breakdown’s Weekly Recap,” NLW looks at: Hidden crypto tax provision 6050I Chilling language from British lawmakers around using CBDCs to control citizens’ spending The Compound political gaffe See also: Compound Founder Says $80M Bug Presents ‘Moral Dilemma’ for DeFi Users “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal […]

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW discusses the market mood shift as September becomes October, and looks at: Jerome Powell’s comments on crypto bans before Congress El Salvador’s volcano bitcoin mining Mayor Suarez’s MiamiCoin A Helium initiative to fix the digital divide See also: Bitcoin Climbs Above $47K as Stocks Fall and Investors Eye Inflation “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music […]

This episode is sponsored by NYDIG. Download this episode This week’s “Long Reads Sunday” returns to the format’s roots with four threads from Twitter: Chris Dixon on tokens as a new web primitive Raoul Pal on the coming change to securities laws Cozomo (aka Snoop) on getting into Punks Kris Sidial on why millennial investing is not the same See also: Art Collectors Swoon Over NFTs at Elite Basel Gathering “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme […]

This episode is sponsored by NYDIG. Download this episode On this edition of “The Weekly Recap,” NLW looks at the heightened state of affairs in the crypto landscape, from celebrity interactions with NFTs to the latest bluster from the SEC. This one goes to 11. See also: Why El Salvador Is Botching Its Bitcoin Experiment “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is […]

This episode is sponsored by NYDIG. Download this episode NLW looks at the current state of crypto markets through numbers, including: Bitcoin illiquid supply Lightning Network capacity Evergrande’s debt The total value of CryptoPunks And more See also: Twitter Adding Bitcoin Tipping Feature, Pushes Further Into NFTs “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Vertigo3d/E+/Getty Images, […]

This episode is sponsored by NYDIG. Download this episode Today on “The Breakdown,” NLW examines the upcoming Federal Reserve winding down, or taper, of its support for the markets. This includes scaling back its bond-buying programs, a process that could begin as early as next month and conclude the middle of next year. Plus, the Fed may raise interest rates before the end of 2022. Additionally, on the Brief, he covers: A $50 million fundraise for a former ConsenSys exec A new social token focused accelerator Invesco and Galaxy team on crypto ETFs See also: Bitcoin to Remain Resilient to Fed’s […]

This episode is sponsored by NYDIG. Download this episode Today on the Brief: BlockFi gets another extension Chainalysis’s secret data honeypot Robinhood crypto finally gets transfers In our main discussion, NLW talks how crypto has mainstreamed over the last year, including: Bitcoin for hedge funders Bitcoin for El Salvador NFTs for NBA fans NFTs for crypto OGs and celebrities He specifically looks at what rapper Snoop Dogg’s anon account disclosure in the space means for the future. See also: Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round “The Breakdown” is written, produced by and features NLW, with editing by […]

This episode is sponsored by NYDIG. Download this episode Today on “The Breakdown,” NLW looks at reports from Messari’s Mainnet conference that the Securities and Exchange Commission served one of the speakers with a subpoena right before a panel. He discusses: The growing tension between securities regulators and crypto lending and interest programs Why Coinbase backed down from its fight with the SEC about its upcoming Lend product The non-news from today’s Gary Gensler webinar OFAC’s first sanctions against a crypto exchange. See also: SEC’s Gensler Calls Stablecoins ‘Poker Chips’ at the Wild West Crypto Casino “The Breakdown” is written, produced […]

As another wave of major financial institutions announce bitcoin plans, it’s getting harder for the MSM to simply print the same old FUD. This episode is sponsored by Nexo.io. Today on the Brief: A follow-up on celebrity in crypto Dapper Labs and BlockFi raising at multibillion dollar valuations Cathie Wood and ARK increase their bitcoin position Our main discussion looks at the latest institutional bitcoin news: Deutsche Bank – the world’s 21st largest – quietly revealed a digital asset custody program with much bigger ambitions in a December 2020 World Economic Forum report Bloomberg is reporting that Morgan Stanley’s $150B investment […]

A reading of Nic Carter’s latest essay for CoinDesk on the inappropriateness of comparing the energy consumption of bitcoin and Visa transactions. Source link

A recap of a swath of news about corporate players coming into the crypto space, and why it could change the landscape of regulation. This episode is sponsored by Nexo.io. On this edition of the weekly recap, NLW breaks down the entrance of corporates into the crypto space this week, including: He also argues that more corporate actors investing in bitcoin and crypto makes it significantly less likely the U.S. government would look towards severe regulation. Image credit: Blablo101/Getty Images Plus Source link

Hip-hop mogul Sean Carter and Jack Dorsey are putting 500 BTC in a blind trust. This episode is sponsored by Nexo.io. On today’s episode, NLW breaks down: The Miami Commissioners vote to start educating people about bitcoin and crypto The Nigerian Senate debate following the Central Bank of Nigeria’s recent crypto ban Why Jay-Z and Jack Dorsey’s bitcoin trust matters NLW argues the relationship between the crypto industry and celebrities is very different this time around compared to the previous ICO-led bull market. See also: How Nigeria and India Are Dealing With Crypto Bans Image credit: Shareif Ziyadat/Getty Images Entertainment Source […]

A new analyst report from the Royal Bank of Canada thinks that with a small investment Apple could disrupt the crypto exchange place and pay for it by buying bitcoin. This episode is sponsored by Nexo.io. Today on the Brief: A shifting inflation narrative Reddit raises $250M and has a $6B valuation Castle Island Ventures announces $50M fund II Our main discussion: Might Apple by the next company to dive into bitcoin? In the wake of Tesla’s surprise $1.5 billion bitcoin purchase announcement, many are wondering which Fortune 500 will be next. According to a new report from the Royal Bank […]

A reading of Ben Hunt’s latest essay for Epsilon Theory. Source link

Wyoming’s Cynthia Lummis – the first U.S. senator to publicly hold bitcoin – has been appointed to the key financial regulatory committee. This episode is sponsored by Nexo.io. On this edition of The Breakdown’s weekly recap, NLW discusses: The state of WallStreetBets The Bitcoin for Corporations event ETH all-time highs in advance of CME ETH futures Tether Cynthia Lummis on the Senate Banking Committee This week on The Breakdown: Image credit: Caroline Brehman/Getty Images News Source link

The Ikigai Asset Management investor discusses WallStreetBets, institutional investors and recent bitcoin critiques. This episode is sponsored by Nexo.io. On today’s episode, NLW is joined by Travis Kling, co-founder and chief investment officer of Ikigai Asset Management. They discuss: Image credit: Overearth/Getty Images Plus Source link

Insights from PayPal’s first quarterly earnings report since launching crypto services. This episode is sponsored by Nexo.io. Today on the Brief: Elon Musk back to DOGE trolling Bank of England says to prepare for negative interest rates Janet Yellen on “Good Morning America” discussing retail investors Our main discussion: What did we learn about PayPal’s crypto strategy from its quarterly earnings report? In this episode, NLW breaks down: How PayPal’s perspective on crypto evolved What we learned about the success of its offering in Q4 2020 What’s next for crypto at PayPal in 2021 Why its biggest play is squarely focused […]

As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here? This episode is sponsored by Nexo.io. WallStreetBets is having a rough day. Its stocks are crashing. Champions from as recently as last week are selling out. More brokerage apps are turning off buying. In this episode, NLW explores what it means for this set of assets and the larger shift in power from institutional to retail investors. He argues, ultimately, that over the last year retail traders of the type led by WSB have established themselves as too powerful a force […]

The media keeps saying WallStreetBets is going after silver; WallStreetBets members say it’s a campaign to co-opt and divide them. This episode is sponsored by Nexo.io. Today on the Brief: Elon Musk talks bitcoin on Clubhouse India trying to ban crypto? DEXs have best month ever in January Our main discussion: Has WallStreetBets been infiltrated by hedge funds? Reddit community WallStreetBets became headline news last week when its short squeeze of GameStop (GME) nearly brought a famed hedge fund to its knees. According to Twitter personalities and the mainstream media, the community has now turned its focus to squeezing silver. Except, […]

A reading of Dalio’s first long-form essay on his thoughts about bitcoin and cryptocurrencies. Today’s “Long Reads Sunday” is a reading of Ray Dalio’s recent LinkedIn post, “What I Really Think of Bitcoin.” In his interpretation, NLW argues the post shows Dalio and Bridgewater are at the beginning of a deep dive into the space. Source link

The latest in the saga of WallStreetBets vs the world. This episode is sponsored by Nexo.io. In this edition of the Breakdown’s weekly recap, NLW looks at: Robinhood’s ham-fisted explanations for why it shut down buying for GME and other stocks Why the root cause seems to have been insolvency How politicians are gearing up for political inquiries around the trading shutdowns How WSB is reacting to the shutdown attempts This week on The Breakdown: Image credit: Tiffany Hagler-Geard/Getty Images Source link

The price action is fun, but the larger significance is about decentralized alternatives to today’s financial system. This episode is sponsored by Nexo.io. Last night, Tesla and SpaceX founder Elon Musk changed his Twitter profile to a single word: “bitcoin.” He also tweeted a cryptic message: “In Retrospect, It Was Inevitable.” The price of bitcoin surged in the wake of the tweet, as did Google searches for “bitcoin.” The price increases liquidated some $387 million in short positions. In this episode, NLW breaks down the market reaction to Musk, the significance of the tweet and why it all connects to the […]

The retail trader insurgency has massive implications for the future of capital markets. This episode is sponsored by Nexo.io. This week, a collective of foul-mouthed internet memers took down some of Wall Street’s best-known hedge funds. In today’s episode, NLW looks at: Image credit: Spencer Platt/Getty Images News and WallStreetBets Subreddit Source link

One of investing’s loudest critics of China shares his assessment of where the U.S. political and business relationship with the country is headed. This episode is sponsored by Nexo.io. In this episode, NLW speaks with Kyle Bass. Kyle is the founder and chief investment officer of Hayman Capital Management, a hedge fund focused on global events. He is known for correctly predicting the subprime mortgage crisis, as well as for his outspoken and critical views on China. In this episode, he and NLW discuss: Image credit: MicroStockHub/Getty Images Plus Source link

The document that started it all, in audio form. This episode is sponsored by Nexo.io. For this week’s Long Reads Sunday, NLW reads the document that started it all – the Bitcoin White Paper. Interestingly, this document was released under an MIT open-source license, available free to all. Image credit: Emir Hoyman/Getty Images Plus Source link

Reports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC. This episode is sponsored by Nexo.io. On this edition of the Weekly Recap, NLW argues that while bitcoin’s price was the short-term story of the week, the medium-term story was all about the transition of power in the U.S. to the new Biden Administration. In it, he discusses what the appointments (reported or confirmed) of Janet Yellen, Gary Gensler, Michael Barr and Chris Brummer suggest about the future of crypto policy. Image credit: Chip Somodevilla/Getty Images News […]

While there was plenty of FUD flying around, it wasn’t the real reason prices pulled back so significantly. This episode is sponsored by Nexo.io. Today on the Brief: Home sales up, home supply down Biden’s first test on the stimulus Euro pessimism Our main discussion: Why the bitcoin dip wasn’t caused by FUD. Anyone paying attention this week had reasons for frenetic worry. Janet Yellen’s comments on criminal activity. Persistent questions around Tether. A non-story about a double-spend that got amplified by mainstream media. In this episode, NLW argues that none of these actually explains the dip. Instead, he argues, they […]

As a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space? This episode is sponsored by Nexo.io. Today on the Brief: Jack Ma is not dead The latest in crypto M&A Deutsche Bank survey sites bitcoin as biggest bubble Our main discussion: Yellen’s impact on bitcoin and digital assets In this episode, NLW breaks down the cryptocurrency FUD competing to be the “wall of worry” for the new 2021 bull market, including Tether FUD, environmental FUD and the idea that crypto is only used for […]

According to a Goldman insider, the investment bank will leap into crypto custody soon. This episode is sponsored by Nexo.io. Today on the Brief: Gary Gensler is officially Biden’s pick for SEC chairman Investors are betting against the U.S. dollar Grayscale has best day ever with $700 million in investment Ethereum reaches new all-time high Our main discussion: Goldman Sachs reportedly coming to crypto. Over the last year, many traditional financial institutions have recanted previous skepticism to join the bitcoin space. For most of that time, Goldman Sachs has been a noticeable holdout, saying as recently as last May that bitcoin […]

At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency? Source link

This week’s Long Reads Sunday is a reading of the “Stone Ridge 2020 Shareholder Letter” by Ross Stevens, CEO and co-founder of Stone Ridge Asset Management, discussing the history of America, sound money and Stevens’ bitcoin “aha” moment. Source link

The second full business week of January has demonstrated many trends that NLW argues will shape bitcoin and crypto throughout the year. This episode is sponsored by Nexo.io. On “The Breakdown’s” Weekly Recap, NLW argues that this week is exemplary of a set of trends that will define 2021, including: Image credit: glorcza/Getty Images Plus Source link