Shows
The BreakdownWhy Argentina Is Paying a Premium for StablecoinsThis episode is sponsored by Nexo.io, Chainalysis and FTX US. On today’s episode, NLW looks at a number of crypto events from the long weekend, including: Why Argentines flooded into stablecoins and drove the price of tether above $1 over the weekend Whether on-chain bottom signals are reliable this cycle The latest in crypto contagion - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custo...2022-07-0616 minThe BreakdownAfter Bitcoin MaximalismThis episode is sponsored by Nexo.io, Chainalysis and FTX US. On this week’s “Long Reads Sunday,” NLW reads and reflects on Nic Carter’s “Setting the Record Straight.” - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io. - Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exch...2022-07-0421 minThe BreakdownJune Was Bitcoin’s Worst Month EverThis episode is sponsored by Nexo.io, Chainalysis and FTX US. On the “Weekly Recap,” NLW looks at: The progress around two major European crypto regulation frameworks. The latest in Three Arrows Capital crypto contagion. Issues in the mining space. And more! - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io. - Chainalysis is the blockch...2022-07-0214 minThe BreakdownPowell: “How Little We Understand About Inflation”This episode is sponsored by Nexo.io, Chainalysis and FTX US. On today’s episode, NLW looks at: Fed Chair Jerome Powell’s comments on inflation at the ECB conference. The latest recession indicators. Manufacturing declines. Turmoil in the housing market. And more! - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io. - Chainalysis is the bloc...2022-07-0216 minThe BreakdownGrayscale’s Legal Battle Against the SECThis episode is sponsored by Nexo.io, NEAR and FTX US. Late Wednesday, the U.S. Securities and Exchange Commission rejected Grayscale’s proposal to convert the Grayscale Bitcoin Trust to a spot bitcoin exchange-traded fund (ETF). Within minutes, Grayscale, a CoinDesk sister company, had filed suit against the SEC about that decision. In this episode, NLW explains why the crypto community is in broad agreement with Grayscale about the inconsistencies in how the SEC approves or rejects bitcoin-related products. (Disclosure: Grayscale is owned by CoinDesk parent Digital Currency Group.) - Nexo...2022-07-0118 minThe BreakdownA Primer on Bitcoin’s Lightning NetworkThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW gives a 101-level overview of the Lightning Network, including where it came from, how it works, and who is building on it. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC. -2022-06-3013 minThe BreakdownAlex Gladstein on Why Human Rights Activists Don’t Care About the Price of BitcoinThis episode is sponsored by Nexo.io, NEAR and FTX US. NLW is joined today by Alex Gladstein, chief strategy officer of the Human Rights Foundation. They discuss the Oslo Freedom Forum, the human rights use case for Bitcoin and what Alex is excited about heading into the bear market. Find out guest on Twitter: @gladstein - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs...2022-06-2926 minThe BreakdownThe Battle for Self-Hosted WalletsThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW explores the ongoing policy debate around “unhosted” (or, as crypto users call them – “self-hosted”) wallets, looking at MiCA legislation in Europe, an updated policy for the U.K. and hints from the Biden administration in the U.S. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Si...2022-06-2814 minThe BreakdownPutin Weaponizes InflationThis episode is sponsored by Nexo.io, NEAR and FTX US. On this week’s “Long Reads Sunday,” NLW builds off of Stack Hödler’s thread on a recent Putin speech to examine the Russian leader’s weaponization of inflation. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC. 2022-06-2615 minThe BreakdownSlouching Toward Crypto WinterThis episode is sponsored by Nexo.io, NEAR and FTX US. In this edition of the “Weekly Recap,” NLW argues that this week saw the crypto community settling into the bear market. He looks at why both the macro landscape and crypto’s recent string of problems could be the beginning of a longer lull. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto fr...2022-06-2517 minThe BreakdownCan a Solana Phone Beat the Bear? This episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW looks at two big events: Congress held a committee meeting about the role of the CFTC in regulating and overseeing the crypto industry Solana announced a new crypto-native mobile development stack as well as an Android phone called the Solana Saga - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market...2022-06-2516 minThe BreakdownPowell Finally Talks RecessionThis episode is sponsored by Nexo.io, NEAR and FTX US. For the past two days, Federal Reserve Chairman Jerome Powell has been testifying on the Hill before both committees in the Senate and House. One of the most pointed discussions has been around the possibility that the Fed’s rapid about-face on interest rates and other market support might have the unintended consequence of dropping the economy into a recession. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your asse...2022-06-2416 minThe BreakdownIs Miner Selling Contributing to Bitcoin's Price Troubles? This episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW looks at the state of bitcoin miners’ balance sheets. Specifically, he looks at increased selling of bitcoin over the past few months, and to what extent it has to do with additional debt and leverage taken on during the bull market. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borr...2022-06-2317 minThe BreakdownHow Real Is This Relief Rally?This episode is sponsored by Nexo.io, NEAR and FTX US. On today’s show, NLW explores the discussion around the bitcoin relief rally of the last two days, following the crash last Friday and Saturday. Some think that there are a plethora of bottom signals that suggest we may have a mean reversion and return to being correlated with equities, after falling much faster than Nasdaq thanks to the Luna/Terra implosion. Others think that we won’t find a bottom until equities find a bottom, and that doesn’t seem to have happened yet. 2022-06-2216 minThe BreakdownHow Much of the Market Meltdown Is Macro vs. Crypto Specific?This episode is sponsored by Nexo.io, NEAR and FTX US. The crypto market just went through one of its most turbulent and brutal weekends in recent memory. In today’s episode, NLW looks at how much the broader downturn as well as these more recent moves are being driven by the crypto specific factors such as Terra, Celsius and Three Arrows Capital, versus being just part of a larger macroeconomic re-alignment. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your...2022-06-2117 minThe BreakdownThe Importance of an Open MetaverseThis episode is sponsored by Nexo.io, NEAR and FTX US. On this “Long Reads Sunday,” NLW reads a thread from Punk6529, “On Why The Metaverse Needs Crypto.” - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC. - NEAR is a blockchain for a world reim...2022-06-2015 minThe BreakdownWhy Coin Center Is Suing the US GovernmentThis episode is sponsored by Nexo.io, NEAR and FTX US. On this edition of the “Weekly Recap,” NLW looks at two stories from the past week in crypto. The first is advocacy group Coin Center’s lawsuit against the U.S. Treasury Department and the IRS around what it argues is an unconstitutional surveillance provision in last year’s infrastructure law. The second is the announcement of Web5 from Jack Dorsey’s TBD. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up t...2022-06-1918 minThe BreakdownUS Recession Odds Surge Over 70%This episode is sponsored by Nexo.io, NEAR and FTX US. Yesterday, the Federal Reserve increased the target Federal Funds rate by 0.75% – the biggest increase since 1994. While the markets initially popped on the news, stocks subsequently tanked and began pricing in even more economic pain to come. In today’s episode, NLW looks at the growing consensus around the idea that the United States is headed towards a recession. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets...2022-06-1717 minThe BreakdownWhat a More Aggressive Fed Means for the Housing MarketThis episode is sponsored by Nexo.io, NEAR and FTX US. On this episode of “The Breakdown,” NLW looks at the Federal Reserve’s increasing hawkishness on inflation. He explains how market expectations around Fed interest rate raises have shifted, and also explains how the mortgage and housing markets are being impacted in ways that have potentially problematic long-term consequences. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and...2022-06-1616 minThe BreakdownThe Second Horseman of the CryptopocalypseThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW looks at the market’s reaction to Celsius’ struggle to remain solvent. He also examines to what extent the recent downturn is being driven by Celsius and other crypto-specific considerations, compared with being a by-product of larger macro trends. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto fr...2022-06-1515 minThe BreakdownSens. Cynthia Lummis and Kirsten Gillibrand on the Responsible Financial Innovation ActThis episode is sponsored by Nexo.io, NEAR and FTX US. Today on “The Breakdown,” Sens. Cynthia Lummis and Kirsten Gillibrand join NLW to discuss their recently released Responsible Financial Innovation Act. They discuss: How Senator Gillibrand came to be interested in the topic. How “ancillary assets” came to be defined for digital assets. The bill’s approach to investor protections. Stablecoins vs CBDCs. And much more. Find our guests on Twitter: @SenLummis @SenGillibrand - Nexo is an all-in-one platform where you can buy crypto with...2022-06-1421 minThe BreakdownWhy New York City Might Be the Right Model for the Metaverse, Feat. Mathieu NouzarethThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s interview, NLW is joined by Mathieu Nouzareth, the CEO of The Sandbox. The Sandbox is one of the leading metaverse platforms today, with deep roots in gaming. In this conversation, they look at the state of metaverse build out, what Web 3 needs to work on building next and why cities are a model for how to design metaverses. Find our guest on Twitter: @mnouz - Nexo is an all-in-one platform where you can buy cr...2022-06-1218 minThe BreakdownNic Carter on How to Make the Best of a Bear MarketThis episode is sponsored by Nexo.io, NEAR and FTX US. NLW is joined on “The Breakdown” by Nic Carter, the founding partner at Castle Island Ventures. In this conversation, they discuss the market cycle, what’s valuable about being in a bear market and the promise of decentralized finance on the Lightning Network. Find our guest on Twitter: @nic__carter - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap...2022-06-1126 minThe BreakdownCrypto’s Appetite for Legal Battles Is GrowingThis episode is sponsored by Nexo.io, NEAR and FTX US. There is a growing appetite among crypto companies to avail themselves of the legal system to fight for what they believe. This week, Custodia Bank (formerly Avanti), run by Caitlin Long, filed suit against the Federal Reserve for failing to process the bank’s master account application. Grayscale, meanwhile, has hired President Obama’s former Solicitor General, Neal Katyal, to have legal resources to mount a challenge depending on the results of their application to convert the Grayscale Bitcoin Trust into an exchange-traded fund. ...2022-06-1113 minThe BreakdownBitcoin Is Human Rights TechnologyThis episode is sponsored by Nexo.io, NEAR and FTX US. Crypto critics have been emboldened lately. The New York Times this week published an article seemingly meant to convince people that because early bitcoin mining was concentrated, bitcoin’s ideal of decentralization was somehow compromised. The newspaper also published a Paul Krugman op-ed saying that bitcoin hadn’t found any uses in 15 years. That op-ed happened to come out on the same day that 21 human rights activists from around the world wrote an impassioned letter to U.S. politicians about why crypto had been essential to their...2022-06-1013 minThe BreakdownThe Great Repricing Comes to CryptoThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW covers a set of recent news in the crypto industry, including: Reactions to the Responsible Financial Innovation Act SEC investigating Binance over BNB Reuters report on Binance and money laundering BlockFi raising money on a down round Coinbase’s rescinded job offers - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and...2022-06-0915 minThe BreakdownThe First Comprehensive US Crypto Legislation Is HereThis episode is sponsored by Nexo.io, NEAR and FTX US. After months of anticipation, new landmark crypto legislation has arrived. Senators Cythnia Lummis (R-Wyo.) and Kirsten Gillibrand (D-NY) released their Responsible Financial Innovation Act today. The bill covers a huge swath of the digital asset space, from stablecoins to tokens. In this episode, NLW recaps the key features of the bill as well as shares the community’s first impressions. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on yo...2022-06-0818 minThe BreakdownSo, Are We Headed Into Recession or Not?This episode is sponsored by Nexo.io, NEAR and FTX US. Last week, corporate executives from Tesla’s Elon Musk to BlackRock’s Larry Fink discussed what they see as a coming recession. JPMorgan Chase CEO Jamie Dimon called the coming economic environment a “hurricane.” At the same time, last week’s jobs report was a surprise, as payrolls grew more than economists expected. On today’s show, NLW looks at the two sides of the recession debate. - Nexo is an all-in-one platform where you can buy crypto with a bank card and e...2022-06-0716 minThe BreakdownHow Crypto Wealth Will Change the Impact SectorThis episode is sponsored by Nexo.io, NEAR and FTX US. On this edition of “Long Reads Sunday,” NLW reads “How Web 3 Changes Philanthropy” by Rhys Lindmark. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC. - NEAR is a blockchain for a world reimagined...2022-06-0518 minThe BreakdownNew York's Latest Anti-Crypto ActionThis episode is sponsored by Nexo.io, NEAR and FTX US. On this edition of the “Weekly Recap,” NLW looks at New York State’s latest crypto-unfriendly actions, including a last-minute, frankly sneaky passing of a proof-of-work mining moratorium. - Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC. -2022-06-0515 minThe BreakdownIt's OpenSeason for Regulatory EnforcementThis episode is sponsored by Nexo.io, NEAR and FTX US. In September, then-OpenSea product manager Nate Chastain was discovered to be front running the market by using secret addresses to buy non-fungible tokens (NFT) from collections that the site was about to feature on its homepage. This week, Chastain was arrested in what the U.S. Department of Justice called the “First Ever Digital Asset Insider Trading Scheme.” On today’s episode, NLW breaks down the charges and the community’s reaction. - Nexo is an all-in-one platform where you can buy cry...2022-06-0417 minThe BreakdownShould Bitcoiners Be Worried About Biden's Energy Team?This episode is sponsored by Nexo.io, NEAR and FTX US. Today on “The Breakdown,” NLW looks at a story – or at least a headline – that is getting big traction on Twitter. The headline is about the Biden administration pushing Bitcoin to be more energy efficient. Except there really isn’t any news to that effect. All of the repurposed headlines stem from one Bloomberg Law piece with a few vague quotes from an administration official working on an energy-related crypto report requested in President Joe Biden’s March Executive Order. NLW argues that the community gett...2022-06-0319 minThe BreakdownRIP Transitory Inflation, Long Live Quantitative TighteningThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW marks the next phase in the shift in monetary policy. Starting this month, the Federal Reserve is going to allow U.S. Treasurys and mortgage-backed securities held on its balance sheet to expire without renewal. The goal is to reduce the overall balance sheet by billions of dollars per month. NLW explains how we got here, why the market is nervous and what might happen next. - Nexo is an all-in-one platform where you can buy c...2022-06-0218 minThe BreakdownBiden Meets with Powell as Inflation Battle Heats UpThis episode is sponsored by Nexo.io, NEAR and FTX US. “Sell in May and go away,” says the old market aphorism. Today on “The Breakdown,” NLW previews a set of discussions he believes will shape markets this summer: The inflation battle – the Federal Reserve’s Jerome Powell meets with President Biden The energy battle – the European Union bans the majority of Russian oil The crypto regulation battle – the U.S. is expecting major legislation from senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) in June - Nexo is a secure crypto e...2022-06-0117 minThe BreakdownBitcoin Isn't Apolitical, but It Is Nonpartisan This episode is sponsored by Nexo.io, NEAR and FTX US. On this week’s “Long Reads Sunday,” NLW reads and comments on “Bitcoin Is Apolitical, but Won't Be Much Longer” by Daniel Kuhn. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get started now. - ...2022-05-2915 minThe BreakdownSequoia's Guide to Surviving the 2022 Bear MarketThis episode is sponsored by Nexo.io, NEAR and FTX US. On this edition of the “Weekly Recap,” NLW looks at why venture capitalists are not only recommending their companies batten down the hatches, but wondering if the fundamental assumptions of their industry will hold in a new monetary era. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant...2022-05-2815 minThe BreakdownThe Supercycle Is Dead: Welcome to GoblintownThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW analyzes community sentiment as bitcoin and ether have their most protracted, continuous downturns of all time and while consumer sentiment in traditional markets hits all-time lows. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo...2022-05-2817 minThe BreakdownAs the Market Slinks Down, It's Time to Touch GrassThis episode is sponsored by Nexo.io, NEAR and FTX US. Today on “The Breakdown,” NLW explores the macro set-up, including Fed unanimity on two 50 basis point rate hikes in June and July followed by optionality at the September FOMC meeting. He also looks at the housing market and retail sector to see how the real economy is responding. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your id...2022-05-2717 minThe BreakdownOCC: ‘No Contagion’ Post-Terra CollapseThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW covers: Acting Comptroller Michael Hsu’s comments on systemic risk in crypto following Terra South Korean authorities’ push for answers USDC on Ethereum flippens USDT on Ethereum among whales Crypto funds raise billions - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secur...2022-05-2615 minThe BreakdownOslo Freedom Forum and Why Bitcoin MattersThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW looks at a number of topics from across the crypto space and wider economy, including: New Fed data about the percentage of Americans using crypto. Wall Street’s banking lobby getting nervous about central bank digital currencies. The European Central Bank’s latest paper about crypto and systemic risk. Institutional outflows. Bitcoin’s appearances at the Oslo Freedom Forum. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank...2022-05-2516 minThe BreakdownWhat Davos Man Thinks of Bitcoin and Crypto This YearThis episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode of “The Breakdown,” NLW previews two things happening this week: First, hope from the markets that slightly dovish comments from the Fed might prompt a relief rally. Second, a preview of the discussions that will be taking place at the World Economic Forum, particularly around bitcoin and crypto. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. E...2022-05-2417 minThe BreakdownCould Local Digital Currencies Improve Communities?This episode is sponsored by Nexo.io, NEAR and FTX US. On this week's “Long Reads Sunday,” NLW reads “Let’s Use New Forms of Money to Commit to Our Communities.” - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get started now. - NEAR is a blo...2022-05-2217 minThe Breakdown5 Key Takeaways From a16z's State of Crypto ReportVenture giant Andreessen Horowitz (a16z) recently published its inaugural "State of Crypto" report. In this edition of the “Weekly Recap,” NLW looks at five key takeaways from the research as well as UST-luna investor postmortems. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get started now. - NEA...2022-05-2116 minThe BreakdownTether’s Reserve Attestations: Commercial Paper Down, Treasurys UpThis episode is sponsored by Nexo.io, NEAR and FTX US. Tether has released its Q1 reserve attestations. On today’s episode, NLW covers what many in the industry are seeing as positive shifts. He also looks at some recent regulatory news, including the SEC and CFTC increasing enforcement actions. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for insta...2022-05-2014 minThe BreakdownCapital Flight or the Seeds of the Next Cycle? This episode is sponsored by Nexo.io, NEAR and FTX US. Today on “The Breakdown,” NLW covers a number of signals suggesting institutional buyers are leaving the crypto space. At the same time, he looks at new corporate engagement and Web 3 infrastructure being built that could help drive the next round of user adoption. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets a...2022-05-1916 minThe BreakdownNew Data Shows Underground Bitcoin Mining Thriving in China This episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode of “The Breakdown,” NLW looks at new bitcoin mining data from the Cambridge Centre for Alternative Finance. Surprisingly (or unsurprisingly, depending on whom you ask), China is back at the No. 2 spot in global hashrate, despite there ostensibly being a full bitcoin mining ban. NLW also looks at the finance conference that has brought representatives of 44 countries to El Salvador, where they’re learning about bitcoin among other topics. - Nexo is a secure crypto excha...2022-05-1817 minThe BreakdownWhat Happened to the Luna Foundation Guard’s Bitcoin Billions?This episode is sponsored by Nexo.io, NEAR and FTX US. The Luna Foundation Guard (LFG) was created to build a bitcoin collateral backstop for the UST stablecoin. As UST began to lose its peg, the LFG’s BTC started to move. Firms like Elliptic were able to trace it only so far, but then no farther. It wasn’t until Monday morning the LFG officially commented, but some are still hungry for more information. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in sec...2022-05-1716 minThe BreakdownHow Should Washington Regulate Stablecoins?This episode is sponsored by Nexo.io, NEAR and FTX US. On today’s “Long Reads Sunday,” NLW features: 0-100 on Stablecoin Design by Spencer Noon On algorithmic stablecoins & the UST collapse by Jake Chervinsky - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get start...2022-05-1614 minThe BreakdownWeimar Luna and the Maginot-Saylor LineThis episode is sponsored by Nexo.io, NEAR and FTX US. On this edition of the “Weekly Recap,” NLW looks at LUNA’s hyperinflationary death, as well as where market participants are placing their bets for more bear market challenges. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get started...2022-05-1417 minThe BreakdownJeremy Allaire on the Regulatory Fallout After TerraThis episode is sponsored by Nexo.io, NEAR and FTX US. Jeremy Allaire is the CEO of Circle, a leader of the USDC consortium. In today’s episode, he and NLW review the state of the stablecoin discussion among U.S. regulators before the implosion of UST and LUNA, and how the events of the last week have changed the discourse. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your...2022-05-1423 minThe BreakdownInflation Plateaus, but Now Markets Fear RecessionThis episode is sponsored by Nexo.io, NEAR and FTX US. For the first time in eight months, the year-over-year rate of inflation did not increase in April. In March, headline inflation hit 8.5% while last month that number came down slightly to 8.3%. Still, inflation was above economists' expectations, and it seems no one is ready to say for sure we’re headed back down to a more reasonable level. In this episode, NLW explores the market’s reaction and why, increasingly, the fear isn’t more inflation but a recession caused by the Federal Reserve’s response. -...2022-05-1317 minThe BreakdownAprès Terra, le DélugeThis episode is sponsored by Nexo.io, NEAR and FTX US. For those interested, here is the famous phrase referenced in the title: https://en.wikipedia.org/wiki/Apr%C3%A8s_moi,_le_d%C3%A9luge Today, NLW follows up Tuesday’s primer on the UST-LUNA story with a look at the dramatic events of this morning. UST’s peg has continued to fall, with LUNA following. At their lowest points, UST was trading at 27 cents and LUNA hit 83 cents. The podcast covers the community’s reaction to the Terra fall, and what’s likely...2022-05-1220 minThe BreakdownMeltdown Monday and the Great De-PeggingThis episode is sponsored by Nexo.io, NEAR and FTX US. Yesterday was one for the history books. NLW discusses the shifting macro setup as markets start to move from concern around inflation to concern around recession. The bulk of the episode is spent on the Luna-UST de-pegging event that has rocked the crypto industry over the last few days and that even made it to a discussion on Capital Hill with Treasury Secretary Janet Yellen. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank ca...2022-05-1119 minThe BreakdownThe IMF and California Chart Different Courses on CryptoThis episode is sponsored by Nexo.io, NEAR and FTX US. One of the key themes in the bitcoin (BTC) and crypto industry in 2022 is engagement from governments and the key financial institutions of the existing monetary system. Today, NLW examines two different approaches to how to engage with crypto, both on display last week. On the one hand was the International Monetary Fund pressuring Argentina to discourage crypto as part of a $45 billion debt deal. On the other was California announcing an Executive Order to build a robust and (seemingly) invitational regulatory regime for Web 3. ...2022-05-1016 minThe BreakdownThe Importance of Politically Neutral MoneyThis episode is sponsored by Nexo.io, NEAR and FTX US. On this week’s “Long Reads Sunday,” NLW reads: Why We Need Crypto Payments to Work - JP Koning Matt Taibbi, PayPal's Deplatforming and the Case for Crypto - Daniel Kuhn - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure...2022-05-0815 minThe BreakdownOtherside and the Rise of the Bored ApesThis episode is sponsored by Nexo.io, NEAR and FTX US. It’s only been a year since people were able to mint a bored looking ape NFT for about $200. But in that year, the company behind the Bored Ape Yacht Club has recruited celebrities, raised hundreds of millions of dollars, acquired the IP of other key NFTs, launched its own cryptocurrency, and most recently, sold plots of virtual land for its forthcoming metaverse. - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seco...2022-05-0716 minThe BreakdownThe Transformation of Everything, feat. Vance SpencerThis episode is sponsored by Nexo.io, NEAR and FTX US. In today’s interview, NLW talks with Vance Spencer, co-founder of Framework Ventures and Framework Labs, about DeFi, crypto investing, the social disruption of play-to-earn, blockchain gaming and disruption everywhere. Find our guest on Twitter: @pythianism - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquid...2022-05-0753 minThe BreakdownWait, Was the Fed Meeting Dovish or Hawkish?This episode is sponsored by Nexo.io, NEAR and FTX US. Today on “The Breakdown,” NLW looks at this week’s FOMC meeting. The Fed increased the Federal Funds Rate target by the anticipated 50 basis points, but most of the discussion was about comments from Jerome Powell that the Fed wasn’t even considering a 75bps hike. So was this meeting dovish or hawkish? - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% in...2022-05-0613 minThe BreakdownCrypto Politics Heats Up In Advance of the Midterm ElectionsThis episode is sponsored by Nexo.io, NEAR and FTX US. Today on “The Breakdown,” NLW looks at a set of stories relating to crypto’s place in the political discourse, including: SEC increasing enforcement staff Bitcoin Mining Council letter to the EPA Ohio’s entirely pro-crypto Senate primary - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure...2022-05-0516 minThe BreakdownPaul Tudor Jones: 'It's Hard Not to Want to Be Long Crypto Because of the Intellectual Capital' This episode is sponsored by Nexo.io, NEAR and FTX US. On today’s episode, NLW previews the upcoming Fed meeting through the lens of a CNBC interview with billionaire hedge funder Paul Tudor Jones. Jones characterized this as one of the most challenging times for the Fed in its history and said that it’s an unbelievably bad time for financial assets. The founder of Tudor Investment also discusses the reasons why he’s long-term bullish on crypto, which include an influx of human capital. - Nexo is a secure crypto ex...2022-05-0417 minThe BreakdownWhy Elon Musk Should Airdrop a New Twittercoin to Every UserThis episode is sponsored by Nexo.io, NEAR and FTX US. Today on “Long Reads Sunday,” NLW reads Balaji Srinivasan’s “The Elondrop.” - Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get started now. - NEAR is a blockchain for a world reimagined. Through simple, secure, and s...2022-05-0215 minThe BreakdownThe US Economy's Declining GDP Surprise This episode is sponsored by Nexo.io, Arculus and FTX US. On this edition of the “Weekly Recap,” NLW looks at the surprise GDP decline in the U.S., as well as wraps up other stories from the macro environment, regulatory sphere and around institutional adoption. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and...2022-04-3014 minThe BreakdownWhat the Archegos Arrests Tell Us About the Financial SystemThis episode is sponsored by Nexo.io, Arculus and FTX US. Bill Hwang is no stranger to law enforcement around financial crimes. In 2012 he settled an insider trading and market manipulation case involving Chinese stocks. Last year, he jumped back in the headlines after his family office, Archegos, completely imploded, ultimately leading to $10 billion of losses for brokerages including Nomura and Credit Suisse. This week, he was arrested on new charges surrounding Archegos. NLW explores how the market is reacting and what it tells us about the state of the financial system. Find our...2022-04-3021 minThe BreakdownBitcoin Is Coming to Your 401(k)This episode is sponsored by Nexo.io, Arculus and FTX US. Today on “The Breakdown,” NLW looks at the institutional side of the crypto industry, focusing on: A fascinating new sentiment survey from Bitstamp Fidelity’s plans to add bitcoin to 401(k) plans Goldman Sachs exploring financial asset tokens Dragonfly raises $650 million with concentration of endowments - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant...2022-04-2915 minThe BreakdownIt’s Official: A Second Country Has Made Bitcoin Legal TenderThis episode is sponsored by Nexo.io, Arculus and FTX US. It’s another global crypto adoption and regulation roundup, led by confirmation that the Central African Republic is moving to make bitcoin legal tender, alongside the CFA franc. NLW looks at why this is significant in a historical, postcolonial context. The show also covers legislation moving ahead in Brazil, a Buenos Aires initiative that will allow residents to pay taxes in crypto, Fort Worth, Texas, becoming the first U.S. city to mine bitcoin and the N.Y. State Assembly passing a two-year new fossil fuel-based min...2022-04-2816 minThe BreakdownThe World's Biggest ‘Free Speech’ Experiment Has BegunThis episode is sponsored by Nexo.io, Arculus and FTX US. Elon Musk is officially buying Twitter. In today’s show, NLW argues that the debate and discussion around the move is largely focused on content moderation policies, when the more fundamental issue is the relationship of the advertising business model to what the algorithm prioritizes. Does Musk have the long-term view and the willingness to endure financial challenges to actually go after the root causes of Twitter’s problems? - From cash to crypto in no time with Nexo. Invest in hot coins...2022-04-2723 minThe BreakdownDid a Second Nation Actually Just Make Bitcoin Legal Tender?This episode is sponsored by Nexo.io, Arculus and FTX US. On today’s episode, NLW digs into rumors that the Central African Republic has adopted bitcoin as legal tender. He also looks at Panama’s crypto legislation, which has moved forward out of committee. Overall, he explores the state of the nation-state adoption narrative of bitcoin and crypto. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow...2022-04-2618 minThe BreakdownHow Crypto Can Help the Nascent Cannabis IndustryThis episode is sponsored by Nexo.io, Arculus and FTX US. On this edition of “Long Reads Sunday,” NLW reads: Cannabis and Crypto - Brett Harrison Bitcoin is boring? - Jurrien Timmer Morgan Stanley on Lightning - Alex Gladstein - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and get started now. -2022-04-2413 minThe BreakdownThe Return of Bitcoin ETF OptimismThis episode is sponsored by Nexo.io, Arculus and FTX US. On this edition of the “Weekly Recap,” NLW looks at: Bitcoin spot ETF optimism in the U.S. Australian spot ETFs coming next week Coinbase’s new NFT features Stripe adding crypto payouts - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and get...2022-04-2314 minThe BreakdownWhy the Housing Market Is so F%#@ing Insane Right NowThis episode is sponsored by Nexo.io, Arculus and FTX US. Housing prices around the country are up 19.2% this year, and 30% since the beginning of the coronavirus pandemic. Videos of desperate couples and families lining up for open houses have become mainstays of social media. In today’s episode, NLW gives a primer on what’s going on and why the roots of the problem go back to the Global Financial Crisis. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cas...2022-04-2324 minThe BreakdownWhy Crypto Matters for Emerging Markets This episode is sponsored by Nexo.io, Arculus and FTX US. Today on “The Breakdown,” NLW covers two topics. First, he looks at a new Chainalysis report on which countries realized the biggest crypto gains in 2021, and specifically how that list differs from the rank of countries by GDP. Second, he looks at new sanctions on mining firm BitRiver and what it means for the geopolitics of bitcoin mining. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash bac...2022-04-2215 minThe BreakdownCrypto's Liminal Phase This episode is sponsored by Nexo.io, Arculus and FTX US. On today’s episode, NLW examines what he is calling “Crypto’s Liminal Phase.” He argues the crypto industry specifically and the macroeconomic landscape as a whole are in a transitional phase. In terms of crypto, he points to a transitory market cycle, regulatory discourse and mass adoption cycle as examples. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto asse...2022-04-2117 minThe BreakdownIMF Financial Stability Report Highlights CryptoThis episode is sponsored by Nexo.io, Arculus and FTX US. On today’s episode, NLW looks at the latest Financial Stability report from the International Monetary Fund. The report looks at how the war in Ukraine is impacting financial stability. NLW argues that it sends mixed messages on crypto – arguing that the war highlights a set of new risks arising from cryptocurrencies while also recognizing that the prognostications of sanctions evasion haven’t come to pass. - From cash to crypto in no time with Nexo. Invest in hot coins and swap...2022-04-2015 minThe BreakdownEconomists See Increasing Risk of Recession and StagflationThis episode is sponsored by Nexo.io, Arculus and FTX US. Today on “The Breakdown,” NLW explores the growing chorus of economists who think the U.S. is headed towards a recession as the inevitable consequence of the Federal Reserve’s attempt to fight inflation. He also looks at the growing discourse around whether we’re headed toward a staflagtionary period of high inflation and low economic growth. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% i...2022-04-1915 minThe BreakdownWhy Crypto Isn’t Just the Great Financial Crisis, Part 2This episode is sponsored by Nexo.io, Arculus and FTX US. On this edition of “Long Reads Sunday,” NLW reads Michael Casey’s “No, DeFi Is Not a Repeat of the 2008 Crisis.” - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and get started now. - Arculus™ is the next-gen cold storage wallet for yo...2022-04-1715 minThe BreakdownWould a Private Twitter Owned by Elon Musk Be Better for Free Speech?This episode is sponsored by Nexo.io, Arculus and FTX US. The Elon Musk-Twitter saga continues! Today, Musk announced an offer to buy 100% of Twitter at $54.20 a share, saying that it was important for free speech and the company needed to be taken private to undergo necessary changes. NLW explores reactions to the announcement, from those who think a Twitter under Musk would be a huge boon to free speech to those who just aren’t buying it. - From cash to crypto in no time with Nexo. Invest in hot coins and swap...2022-04-1622 minThe BreakdownWeb 3 Gobsmacked as Meta Announces 47.5% Creator FeesThis episode is sponsored by Nexo.io, Arculus and FTX US. On this edition of the “Weekly Recap,” NLW explores whether large firms – either from traditional finance or big tech – can be good actors in the Web 3 space? He specifically explores BlackRock’s Circle investment, Meta’s fee announcement and Epic Games’ new funding to build its own metaverse. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant...2022-04-1616 minThe Breakdown'Putin's Price Hike' vs. 'Bidenflation': The Blame Battle on Inflation Heats UpThis episode is sponsored by Nexo.io, Arculus and FTX US. March saw the U.S.’ highest year-over-year inflation print since 1981, coming in at 8.5%. NLW explores why the discussion around inflation is taking an even more pitched and aggressive turn and how the market responded to the March numbers. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo...2022-04-1417 minThe BreakdownJanet Yellen’s Shifting Tone on CryptoThis episode is sponsored by Nexo.io, Arculus and FTX US. At the beginning of her tenure as Treasury secretary, Janet Yellen gave a number of indications that she was going to be a tough partner for crypto. In a speech last week, the industry got a glimpse of how much her tone had shifted. NLW explores how much this shift has to do with the Biden administration’s Executive Order on crypto as well as the possibility that it reflects a new understanding stemming from engaging with crypto in the context of sanctions on Russ...2022-04-1317 minThe BreakdownThe Race to the First Central Bank Digital CurrencyThis episode is sponsored by Nexo.io, Arculus and FTX US. According to the Biden administration, more than 100 countries worldwide are working on central bank digital currencies. On today’s episode, NLW does a survey of the places that are farthest along and looks at the great power competition between China, Europe and the U.S. around CBDCs. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow again...2022-04-1214 minThe BreakdownBitcoin Mining and the Return of RealpolitikThis episode is sponsored by Nexo.io, Arculus and FTX US. This week’s “Long Reads Sunday” features two essays on the strategic imperative of bitcoin mining. Crypto Mining, the Energy Crisis, and the End of ESG - Nic Carter Why Bitcoin Mining Is a Matter of National Security - Ben Caselin - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against th...2022-04-1124 minThe BreakdownRussia’s Plan to Force the World to Use RublesThis episode is sponsored by Nexo.io, Arculus and FTX US. On this edition of the “Weekly Recap,” NLW looks at the latest news regarding Russia’s economy. Vladimir Putin is trying to leverage energy exports to prop up the ruble. But can he really make Europe and the rest of the world pay with rubles? And if he does, what are the implications for the U.S. dollar as a global reserve currency? - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive...2022-04-0917 minThe BreakdownLaura Shin on Greed, Hacks and Crypto IdealismThis episode is sponsored by Nexo.io, Arculus and FTX US. Laura Shin is the host of “Unchained,” one of the best known and longest running crypto podcasts. She is also the author of the new book “The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze.” In today’s episode, she and NLW discuss the early days of Ethereum, including her theory on who was behind The DAO hack that ended up causing Ethereum to fork. Find our guest on Twitter: @laurashin - From cash to...2022-04-0948 minThe BreakdownThe Stablecoin TRUST Act Could Enshrine Financial PrivacyThis episode is sponsored by Nexo.io, Arculus and FTX US. One of crypto’s biggest allies in the Senate, Pat Toomey (R-Pa.), has just released a discussion draft of a bill that would clarify stablecoin legislation. On today’s episode, NLW breaks down what the bill includes and why some in the crypto space are calling it a major step forward for financial privacy. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your...2022-04-0815 minThe BreakdownJPMorgan: ‘Bitcoin Shows Some Merit as a Store of Value’This episode is sponsored by Nexo.io, Arculus and FTX US. JPMorgan has launched two new monthly research reports on the crypto industry, including one on markets and one focused on bitcoin mining. In today’s episode, NLW breaks down the inaugural editions of each, and argues that they are another suggestion of the “post-narrative” phase of crypto institutionalization. - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for...2022-04-0717 minThe BreakdownThe UK’s New Push to Be a Global Crypto HubThis episode is sponsored by Nexo.io, Arculus and FTX US. On today’s episode, NLW explores the seeming about-face by the British government on crypto. He first explores the recent tension around a March 31 registration deadline imposed by the country’s Financial Conduct Authority (FCA) that has left many British crypto companies looking abroad. Then, he looks at news yesterday of a major push by the British Treasury to make the country into an innovation hub around crypto and digital assets – going so far as to say that they will mint an official NFT. -2022-04-0617 minThe BreakdownIs Elon's 9.2% Stake in Twitter a Web 3 Play?This episode is sponsored by Nexo.io, Arculus and FTX US. Elon Musk has been talking about Twitter a lot lately. He did a poll asking whether it should make its algorithm open source (80% said “yes”). Another poll asked if Twitter lived up to the principles of free speech, and over 70% of more than 2 million respondents said no. With the announcement today that Musk had purchased a 9.2% stake in Twitter (more than 4x the 2.25% stake of co-founder and former CEO Jack Dorsey), everyone is speculating about what he might do about it. - F...2022-04-0518 minThe BreakdownWhere Europe Fits In a Tech-Powered WorldThis episode is sponsored by Nexo.io, Arculus and FTX US. On this edition of “Long Reads Sunday,” NLW reads: On the EU Giving Up - Punk6529 Crypto Should Disrupt Current Anti-Money Laundering Practices, Not Adopt Them - Boaz Sobrado - From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and ge...2022-04-0316 minThe BreakdownThe New/Old Bitcoin FUD CycleThis episode is sponsored by Nexo.io, Arculus and FTX US. Today on the “Weekly Recap,” NLW looks at two old bitcoin FUDs that came roaring back with a vengeance. The “crypto is for criminals” narrative was built into the assumption that led the European Parliament to vote in favor of advancing strict new anti-money laundering (AML) rules with regard to crypto wallets. Meanwhile, Greenpeace, funded by the chairman of Ripple, decided to start a campaign to get Bitcoin to change its code to be more environmentally friendly. - From cash to crypto in no time...2022-04-0217 minThe BreakdownThe Geopolitics of Crypto, With Jill GunterThis episode is sponsored by Nexo.io, Arculus and FTX US. Today on “The Breakdown,” NLW is joined by Espresso Systems co-founder and Chief Strategy Officer Jill Gunter. She is also an investor with Slow Ventures and the former co-founder of the Open Money Initiative. In this discussion, they cover: The impact of Russia’s invasion of Ukraine on crypto and the global money system The evolution of the crypto industry since the last crypto winter Changing consumer expectations around privacy And more Find our guest on Twitter: @jillrgunter - From...2022-04-0255 minThe BreakdownThe European Union vs. Self-Hosted Crypto WalletsThis episode is sponsored by Nexo.io, Arculus and FTX US. The EU Parliament today voted to advance new anti-money laundering (AML) rules that would require European crypto asset service providers to collect and verify information about the beneficial owners of all self-hosted (or “unhosted,” to use their terms) wallet owners. The crypto industry sees this as a fundamental threat to decentralized finance (DeFi) and many other parts of the industry. NLW explains sentiment on both sides and what happens from here. - Take your crypto to the next level w...2022-04-0117 minThe BreakdownThe Market Indicator Flashing ‘Recession’This episode is sponsored by Nexo.io, Arculus and FTX US. Since 1955, every U.S. recession has been preceded by the inversion of the U.S. Treasury yield curve, meaning that short-dated notes had higher yields than long-dated bonds. Only one time during that period was this a false indicator. On today’s episode, NLW explores yesterday’s yield curve inversion and the market’s interpretation of what they think it means. - Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets...2022-03-3116 minThe BreakdownBitcoin’s Allies in the US Senate Are IncreasingThis episode is sponsored by Nexo.io, Arculus and FTX US. On today’s episode of “The Breakdown,” NLW looks at the news that long-time Bitcoin advocate Sen. Cynthia Lummis (R-Wyo.) is now working with Sen. Kirsten Gillibrand (D-N.Y.) on what aspires to be comprehensive crypto legislation. The addition of Gillibrand into the mix underscores the growing bipartisan support for Bitcoin and crypto. Additionally, four House Democrats have introduced the ECASH Act to keep privacy in digital money. On this edition of the “Weekly Recap,” NLW looks at recent comments from the leader of th...2022-03-2919 minThe BreakdownPost-Modern Monetary Theory On this edition of “Long Reads Sunday,” NLW reads two macro-themed Twitter threads. Sam Bankman-Fried: Post-Modern Monetary Theory Lyn Alden: The problem with leverage - Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at nexo.io to receive up to a $100 welcome bonus. Valid through March 31. - Arculus™ is the next-gen cold storage wallet for your crypto. The sleek...2022-03-2717 minThe BreakdownBlackRock’s Larry Fink Says Ukraine Conflict Could Accelerate Digital CurrenciesThis episode is sponsored by Nexo.io, Arculus and FTX US. On this edition of the “Weekly Recap,” NLW looks at recent comments from the leader of the world’s largest asset manager on Ukraine and digital currencies, as well as other important updates from the crypto industry, including India’s passing of a finance bill with crypto taxation and El Salvador’s delay of their bitcoin bond. - Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash a...2022-03-2614 minThe BreakdownInside China and Russia's Battle Against the US DollarThis episode is sponsored by Nexo.io, Arculus and FTX US. NLW explores how the global monetary order is shifting. Specifically, he looks at Putin’s demand that Russian energy now be paid for in rubles, as well as the growing discussion between Saudi Arabia and China to price Saudi oil in the yuan. - Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at nexo.io to recei...2022-03-2617 minThe BreakdownThe Fed’s Powell Is Getting More Hawkish as Market Starts Using the ‘R-Word’his episode is sponsored by Nexo.io, Arculus and FTX US. On today’s episode, NLW takes a tour of recent macro sentiment, focusing on the shifting tone coming out of the U.S. Federal Reserve. In speeches and interviews this week, Fed Chair Jerome Powell made it clear the central bank was prepared to raise rates 50 basis points at its next meeting if needed, and to do so at multiple meetings this year. While 50bps in the context of 7.9% inflation may not seem like a lot, the last time the Fed raised rates 0.5% in a single mee...2022-03-2516 minThe BreakdownFlorida to Accept Bitcoin for Taxes?This episode is sponsored by Nexo.io, Arculus and FTX US. Today NLW looks at global crypto news, including: El Salvador’s bitcoin bond delay. Florida Governor DeSantis’ comments about accepting crypto for taxes. New York moves forward with a mining moratorium. India’s crypto tax policy to be passed in legislation this week. Thailand bans crypto for payments. How bitcoin is being used by Ukrainian refugees. - Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cas...2022-03-2416 minThe BreakdownHow Ray Dalio’s ‘Changing World Order’ Thesis Fits With BitcoinThis episode is sponsored by Nexo.io, Arculus and FTX US. Today on “The Breakdown,” NLW looks at the latest institutional moves into crypto, including an over-the-counter (OTC) transaction between Goldman Sachs (GS) and Galaxy (the first of its kind with a major U.S. bank), as well as reports that Ray Dalio’s Bridgewater hedge fund is soon to make an investment into a crypto fund. NLW also looks at why Dalio, with his focus on a “changing world order,” makes sense as a crypto investor. - Take your crypto to the next le...2022-03-2316 min