

The Breakdown
Blockworks
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/
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/
Episodes
Mentioned books

Mar 4, 2024 • 11min
What Satoshi Got Right About Bitcoin's Future
Exploring Satoshi Nakamoto's predictions and concerns about Bitcoin, including energy consumption, anonymity, and the search for a killer app. Delving into Satoshi's vision for Bitcoin as a digital payment method and the challenges of funding development. Reflecting on Satoshi's legacy and Bitcoin's evolution as a store of value.

Mar 1, 2024 • 16min
Bitcoin Just Had Its Biggest Month Ever
Bitcoin had its biggest month ever in February with a 44% gain driven by institutional buying and ETF flows. Vanguard's decision not to allow access to Bitcoin ETFs and the retirement of CEO Tim Buckley. Analysis of Vanguard's missed Bitcoin opportunity, Bitwise CIO's optimism on growing demand for Bitcoin ETFs. Insights into cryptocurrency market trends, including ETF trading volumes and expert predictions on Bitcoin's status. Controversy over Saab 121 and banking custodial services for crypto assets.

Mar 1, 2024 • 13min
Coinbase Crashes After >10X Surge in Traffic
Discussing the Coinbase crash during a bull market, turbulent cryptocurrency market chaos, record Bitcoin volume and inflows, and analyzing Bitcoin market dynamics and investor engagement

Feb 29, 2024 • 12min
Bitcoin is Above $60,000 and People are Finally Paying Attention
Bitcoin's rally continues above $60,000, sparking attention. Delve into ETF inflows, balanced portfolios, market predictions, and MicroStrategy's buy rating. Explore the surge in Bitcoin price, alt season speculations, historical trends, extreme market greed, bullish calls, shift to altcoins, and speculations of BTC reaching $200,000. Unpack testimony of former Bitfinex hacker, legal battles in blockchain tracing, and sentencing disputes. Dive into legal issues, government oversight, fraud sentencing, lawmaker perspectives, SEC policies, and blockchain's disruptive potential.

Feb 27, 2024 • 15min
Bitcoin Smashes $57,000 and Retail is Still Nowhere to Be Found
Bitcoin smashes through the $57,000 mark despite retail investors staying away. Insights on ETF flows, open interest, scarcity of trading data, and historical price levels being surpassed. The impact of ETFs on trading volumes, BlackRock ETF performance, high-frequency trading, and notable inflows/outflows. Analysis of Bitcoin and Ethereum market dynamics, regional funds, trader activity, short liquidation, Ethereum's surge post Bitcoin, restaking protocols, Denkoon upgrade, Uniswap fee switch, and macroeconomic challenges.

Feb 27, 2024 • 13min
Satoshi's Ghost: The Lost Trove of Satoshi Emails
Exploration of newly found emails between Satoshi Nakamoto, Adam Back, and Marty Malmi, revealing discussions on cryptographic papers, bitcoin scaling ambitions, and Satoshi's view on block size wars amidst Craig Wright's claims. Implications of Satoshi's early emails, focusing on Bitcoin's theoretical foundation, environmental concerns, and the 21 million coin limit. Significance of Satoshi's released emails in the crypto community, sparking debates and reminiscing past discussions. Founder's mysterious disappearance from Bitcoin, creating a decentralized asset and sparking vibrant debates within the community.

Feb 26, 2024 • 9min
The Big Bitcoin Vibe Shift
Exploring the shifts in the crypto market, comparing past exuberance to current trends. Analyzing rebound indicators like active Metamask users and Coinbase profitability. Discussing institutional vs. retail responses, Larry Fink's actions, and NFTs reshaping trust in the space.

Feb 24, 2024 • 32min
Trump Talks Bitcoin; SEC Sued; Deaton vs Warren
The podcast discusses Trump's changing views on Bitcoin and a lawsuit against the SEC. It also covers challenges to the SEC's jurisdiction over crypto assets, USDC's exit from Tron, and stablecoin market moves. Additionally, it touches on crypto compliance, a crypto attorney's challenge to Elizabeth Warren, and risks in DeFi platforms.

Feb 23, 2024 • 14min
New Crypto Exchange Sues the SEC!
The podcast covers a crypto exchange suing the SEC in Texas, challenging its authority over crypto. Legal experts see this as a move to clarify regulations. The lawsuit involves major players and could impact the entire industry. There are debates over crypto regulations, potential Supreme Court involvement, and Coinbase's stance on ETH classification. The episode also touches on recent developments in the crypto landscape, SEC officials leaving for the private sector, and the Senate's stance on crypto legislation.

Feb 22, 2024 • 15min
Circle Drops Tron
Circle drops support for USDC on Tron, launching Athena stablecoin. Discusses Ethereum's value surge, SEC ETF approval prospects, and trading inflows surge. Introduces John Deaton as a senatorial challenger against Elizabeth Warren.


