The Breakdown

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/

Avsnitt(2058)

Bitcoin’s Favorite Month Has Arrived

Bitcoin’s Favorite Month Has Arrived

October has a reputation as Bitcoin’s strongest month, and so far 2025 is no exception. After a choppy September, BTC is already pushing back toward new all-time highs, shrugging off a government shut...

3 Okt 202511min

Government Shutdown Hits as Politics Markets and AI Collide

Government Shutdown Hits as Politics Markets and AI Collide

As of midnight, the U.S. government has officially shut down after Democrats and Republicans failed to reach a last-minute deal. In today’s Breakdown, NLW explores the political brinkmanship behind th...

2 Okt 202511min

SEC & CFTC Call a Truce on Crypto Regulation

SEC & CFTC Call a Truce on Crypto Regulation

After years of turf wars, the SEC and CFTC are finally signaling a new era of collaboration. At their first joint roundtable in 14 years, agency heads emphasized coordination over consolidation, while...

1 Okt 202510min

Kraken’s $15B Secret Raise and the Race to IPO

Kraken’s $15B Secret Raise and the Race to IPO

Fortune revealed that Kraken quietly raised $500 million at a $15 billion valuation—its first significant raise in over a decade—as the exchange eyes a 2026 IPO. Bloomberg followed up with reports of ...

30 Sep 20258min

Friday Five: Tether’s $500B Play, SEC Opens the Door, and Vanguard Bows to Crypto

Friday Five: Tether’s $500B Play, SEC Opens the Door, and Vanguard Bows to Crypto

In this week’s Friday Five, we dive into Tether’s jaw-dropping $500B valuation bid, the SEC’s surprise innovation exemption, bipartisan momentum on a market structure bill, Ethereum’s latest Wall Stre...

27 Sep 202522min

Agentic Payments and the Next Internet Economy

Agentic Payments and the Next Internet Economy

Coinbase and Cloudflare are pushing forward with X402, a new crypto-powered payments protocol for AI agents. Could agent-to-agent transactions reshape e-commerce and the web itself? Meanwhile, Tom Lee...

26 Sep 202510min

Tether’s Half-Trillion Dollar Valuation

Tether’s Half-Trillion Dollar Valuation

Tether is reportedly courting outside investors for the first time—at a staggering $500 billion valuation. In today’s Breakdown, NLW digs into Bloomberg’s report on Tether’s $15–20 billion fundraise, ...

25 Sep 202510min

Bitcoin’s September Shakeout: $1.7B in Liquidations Sets Stage for Q4

Bitcoin’s September Shakeout: $1.7B in Liquidations Sets Stage for Q4

Bitcoin’s September rally finally stumbled, with a 3.5% drop triggering $1.7B in long liquidations—the biggest of the year. While traders were caught offside, on-chain data shows holders aren’t sellin...

24 Sep 20259min

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