The Breakdown
The Breakdown dives into the deepest topics in crypto, blockchain, and the macro forces shaping markets and power structures. Each episode breaks down complex ideas into clear, grounded analysis — separating signal from noise across crypto, finance, and geopolitics. Hosted by David Canellis, The Breakdown features explainers, interviews, and conversations with the people building, regulating, and challenging the financial system. A Blockworks podcast. Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/

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Episoder(2079)

Crypto's Institutional Summer: Perps, Policy, and the Ethereum Surge

Crypto's Institutional Summer: Perps, Policy, and the Ethereum Surge

This week's Friday Five dives into a deceptively quiet but consequential stretch for crypto. NLW and Scott Melker break down Dan Tapiero’s massive $50 trillion crypto prediction, institutional progres...

26 Jul 202519min

Is the Trade War Actually a Capital War?

Is the Trade War Actually a Capital War?

In today’s episode of The Breakdown, NLW dives deep into the evolving trade dynamics between the U.S. and Japan, asking whether the current trade war is really masking a larger capital or currency war...

25 Jul 202511min

The Senate's Surprising Market Structure Bill

The Senate's Surprising Market Structure Bill

In today’s episode, NLW breaks down the newly released Senate draft of the crypto market structure bill—a shockingly slim but significant proposal that could redefine how digital assets are treated in...

24 Jul 202514min

Alt Season or Exit Liquidity? Parsing the Crypto Market’s Next Move

Alt Season or Exit Liquidity? Parsing the Crypto Market’s Next Move

Bitcoin dominance is falling. Ethereum is rallying. Altcoins are exploding. Today on The Breakdown, NLW asks: is this the start of a new leg up in the bull market—or the beginning of the end? From sur...

23 Jul 202512min

Inside the Genius Act: Trump Signs Landmark Stablecoin Bill into Law

Inside the Genius Act: Trump Signs Landmark Stablecoin Bill into Law

NLW breaks down the newly signed Genius Act—the first major piece of U.S. crypto legislation. He unpacks what the law actually contains, from reserve requirements and audit rules to the “Libra clause”...

22 Jul 202511min

The Eerie Railroad of Crypto, Stablecoin Regulation, and the Cypherpunk Legacy

The Eerie Railroad of Crypto, Stablecoin Regulation, and the Cypherpunk Legacy

For this Long Read Sunday, NLW hands the mic to AI to read three of Byron Gilliam’s standout essays from the Breakdown newsletter. First, “Crypto’s Competitive Advantage” draws a bold parallel between...

20 Jul 202514min

This Week's Top 5(00) Crypto Stories

This Week's Top 5(00) Crypto Stories

NLW returns with a jam-packed Friday Five (or Friday 500) to break down the biggest crypto week of the summer. The Genius and Clarity Acts both pass the House with overwhelming bipartisan support—mark...

19 Jul 202528min

The Longest Vote in House History and a Crypto Week in Chaos

The Longest Vote in House History and a Crypto Week in Chaos

NLW breaks down the dramatic twists of Crypto Week on Capitol Hill, where GOP infighting brought legislative progress to a near halt. From Trump’s Oval Office intervention to the 7-hour procedural vot...

18 Jul 202511min

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