
The Breakdown
A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/
Latest episodes

13 snips
Apr 13, 2025 • 11min
Can Bitcoin Fix What Tariffs Can't?
This discussion dives into the complexities of tariff policies from the Trump era and their mixed impact on the economy. It sheds light on the decline of manufacturing jobs influenced by automation and inflation. The conversation pivots to Bitcoin, exploring its potential as a more sustainable solution for economic stability amidst the pitfalls of tariffs. Additionally, it addresses how these economic shifts can spark radical ideas, urging the importance of engaging in transformative discussions around cryptocurrency.

19 snips
Apr 13, 2025 • 29min
The Five Most Important Stories in Crypto This Week
Scott Melker, a trader and analyst, dives deep into the week’s key crypto stories alongside NLW. They discuss the impact of tariffs on market volatility and Bitcoin's resilience as a mature asset. The duo also confronts audience criticisms about controversial figures in crypto, emphasizing the need for critical discourse. Noteworthy is the positive shift in U.S. crypto regulations, spotlighting collaborations between traditional finance and crypto firms, hinting at a promising future for both sectors.

16 snips
Apr 11, 2025 • 12min
How Much Does the 90-Day Tariff Pause Actually Change?
In a bold move, President Trump pauses tariffs for 90 days, sending stocks soaring. But how much will this really change amid a fierce trade war? The discussion digs into chaotic political landscapes and the varied opinions from politicians. Market reactions reveal wild fluctuations in stock and cryptocurrency values, raising questions about their long-term effects. The turmoil in the bond market underscores systemic stress, with experts weighing in on the heightened economic uncertainty that follows.

33 snips
Apr 10, 2025 • 15min
Everything in Crypto That ISN'T the Tariffs
The podcast dives into the intriguing world of crypto amid tariff news. It highlights Bitcoin's resilience against macroeconomic challenges and explores recent regulatory shifts impacting the landscape. Major industry moves, like Ripple's acquisition and significant partnerships with traditional finance giants, showcase the growing collaboration between sectors. Additionally, Tether's consideration of a US-based stablecoin reflects the evolving nature of digital assets. The discussion encapsulates the dynamic interplay between innovation and regulation in the crypto space.

29 snips
Apr 9, 2025 • 16min
Are We Headed to the Mar-a-Lago Accords?
Discover the chaotic world of stock markets influenced by misleading headlines and fake news in this discussion. Dive into the escalating trade tensions between the U.S. and China, with a critical look at tariffs and their economic implications. Explore the evolving narratives around U.S. trade policies and the mixed feelings of Republican voters toward tariffs. Finally, consider the innovative idea of the 'Mar-a Accords,' a proposed framework aiming to reshape global trade negotiations and enhance shared security costs.

17 snips
Apr 8, 2025 • 14min
The Worst 3 Days in Stocks Since Oct 1987
Market chaos unfolds as tariffs lead to the S&P 500's worst slump since 1987. Bitcoin's rise is analyzed as a possible safe haven amid volatility. Experts weigh in on the ramifications of trade policies and their impact on global stability. The dialogue reveals mixed market reactions, featuring both skepticism and cautious optimism. Finally, the podcast probes the Federal Reserve's response to soaring inflation while considering upcoming IPOs, spotlighting the delicate balance of investor faith in turbulent times.

Apr 6, 2025 • 11min
A Blueprint for Crypto In America
A reading and discussion of Representatives French Hill and Glenn GT Thompson Blueprint fro Digital Assets in America https://www.coindesk.com/opinion/2025/04/04/a-blueprint-for-digital-assets-in-americaSponsored by: Crypto Tax CalculatorAccurate Crypto Taxes. No Guesswork. Say goodbye to tax season headaches with Crypto Tax Calculator: Generate accurate, CPA-endorsed tax reports fully compliant with IRS rules. Seamlessly integrate with 3000+ wallets, exchanges, and on-chain platforms. Import reports directly into TurboTax or H&R Block, or securely share them with your accountant. Exclusive Offer: Use the code BW2025 to enjoy 30% off all paid plans. Don’t miss out - offer expires 15 April 2025!LedgerLedger, the world leader in digital asset security, proudly sponsors The Breakdown podcast. Celebrating 10 years of protecting over 20% of the world’s crypto, Ledger ensures the security of your assets. For the best self-custody solution in the space, buy a LEDGER™ device and secure your crypto today. Buy now on Ledger.com.Enjoying this content?
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19 snips
Apr 5, 2025 • 25min
Bitcoin Holds Up Better Than Stocks in the Tariff Turmoil
Scott Melker, a seasoned crypto analyst and co-host of the 'Friday Five,' joins to discuss the key stories shaping the crypto landscape this week. They dive into Bitcoin's resilience amid tariff turmoil and analyze market reactions to economic policies. The conversation highlights the ongoing transformations in the stablecoin landscape, including Circle's IPO challenges and Larry Fink's evolving views on Bitcoin. Plus, they tackle the division within crypto lobbying and the implications of the recent BlackRock Spot ETF approval on trading prices.

36 snips
Apr 4, 2025 • 18min
Trump's Tariff Trouble
President Trump's new tariffs have taken the market by surprise, sparking outrage and confusion. Discussions reveal the strategic rationale behind these drastic measures and their mixed reception among experts. The potential beneficiaries of these tariffs are weighed against concerns of inflation impacting American households. Market turmoil unfolds as analysts dissect the repercussions on global trade and stock indices. Trade experts analyze the unexpected consequences, raising questions about the U.S. economy's long-term stability.

6 snips
Apr 3, 2025 • 13min
Big Day For Crypto Biz As Circle Prepares for IPO
Circle is set to go public, marking a pivotal moment in the crypto landscape after years of effort. This move raises questions about the future of crypto as major banks loom on the horizon. The conversation also highlights Bitcoin's growing influence, suggesting a shift in how traditional finance views digital currencies. Could Bitcoin challenge the dollar's status as a global reserve? With these developments, the stakes for crypto are higher than ever.