CoinDesk Podcast Network - BREAKDOWN: Citi to Trade Bitcoin Futures?

Citigroup is the latest in a stream of institutional adoption into everything from NFTs to BTC.

This episode is sponsored by NYDIG.

On this episode of “The Breakdown”:

  • Surveys and reports detailing expected institutional adoption
  • Citigroup to trade on the CME
  • Global perception of crypto, CBDCs
  • NFT and DeFi on the rise
  • Bitcoin news from Michael Saylor, Blockstream and Substack


Recent reports from Deloitte and Nickel Digital help set institutional and general public adoption expectations. Of 23 asset managers surveyed by Nickel Digital, more than half expected to increase crypto asset exposure by 2023, and a quarter to increase dramatically. Citigroup is one such investment company toying with BTC as the firm says it will trade bitcoin futures on the CME.

From the global perspective, a Politico survey of U.K. adults revealed a distrust and misunderstanding of CBDCs, while in India, retail crypto investment is up with young citizens looking for alternative ways to make money after strict COVID-19 lockdowns.

Visa’s CryptoPunk purchase fueled an NFT-buying frenzy, resulting in a daily sales volume record for Punks. DeFi on the whole, however, remains powered by experienced crypto enthusiasts, as the technological barrier to entry remains. Will NFTs bring more of the general population into DeFi?

Bitcoin’s rally above $50,000 this past weekend was bolstered by institutional news: Michael Saylor’s MicroStrategy’s latest purchase of BTC, Blockstream’s $210 million Series B funding round and Substack’s implementation of bitcoin as a payment option using the Lightning Network. Who’s next? 

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NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.

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“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Brent Lewin/Bloomberg/Getty Images, modified by CoinDesk.

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Stuff They Don't Want You To Know - CLASSIC: North Korea: Fact and Fiction

In an age of global connectivity, North Korea remains one of the most isolated -- and enigmatic -- countries on Earth. How much do we really know about it?

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Read Me a Poem - “Lake Echo, Dear” by C. D. Wright

Amanda Holmes reads C. D. Wright’s poem “Lake Echo, Dear.” Have a suggestion for a poem by a (dead) writer? Email us: podcast@theamericanscholar.org. If we select your entry, you’ll win a copy of a poetry collection edited by David Lehman.


This episode was produced by Stephanie Bastek and features the song “Canvasback” by Chad Crouch.



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CBS News Roundup - World News Roundup: 08/24

President Biden faces growing global pressure to extend his Afghanistan deadline in order to complete evacuations. A favorite American tourist destination urges people not to visit right now because of the surge of Delta variant COVID cases. A frantic search for flood victims in Tennessee. Correspondent Steve Kathan has the CBS World News Roundup for Tuesday, August 24, 2021:


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Time To Say Goodbye - Gig work, Afghanistan, “The Chair”

Hello from a reunited pod squad!

This week, we gab about a welcome court ruling on California’s Proposition 22 gig-work law, the US withdrawal from Afghanistan, and Sandra Oh’s new Netflix show.

(0:00): Tammy on why Prop 22 was ruled unconstitutional and what it means for workers’ rights across the US

(7:10): How to understand what’s happening in Afghanistan in the context of our long wars in the region

(44:45): What “The Chair” says about Asian American TV, austerity politics in higher ed, race and generational divides, and the (cancel) culture wars.

Thanks for listening and supporting us via Patreon and Substack! Stay in touch by email (timetosaygoodbyepod@gmail.com) or Twitter.



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Headlines From The Times - A sea change in baseball?

Los Angeles Dodgers pitcher Trevor Bauer hasn't played a Major League Baseball game since late June, when a woman received a temporary restraining order against him after alleging that consensual sexual encounters turned into sexual and physical assaults on two occasions. Bauer has not been charged with any crimes and denies the allegations, and a judge denied last week a request to make the restraining order permanent. 

But the controversy has cast a harsh light on sexism in baseball, which has been present in the sport since its start and continues to plague the national pastime. And this time, the reaction seems different. 

More reading:

What we know about the Trevor Bauer case, and what we’ll never know

2021 hindsight: Inside the Trevor Bauer disaster and how the Dodgers got here

Commentary: Trevor Bauer, faced with report of previous protective order, plays old card: Bullying

The Commentary Magazine Podcast - Hostages Abroad and Hostage at Home

Author and editor emeritus of The Daily Wire, Ben Shapiro, joins the podcast today to talk about the ongoing nightmare in Afghanistan, which is evolving from a debacle into a hostage crisis. But Americans get no respite at home as COVID has evolved from a pandemic into a lifestyle brand.

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The Intelligence from The Economist - How you like them: Apple’s decade under Tim Cook

The tech firm has ballooned under his leadership, but Mr Cook’s next ten years will not be as rosy as the first. We ask how he can maintain Apple’s shine. Activists, academics, journalists, now labour unions: Hong Kong’s authorities keep stifling democracy’s defenders wherever they turn. And why California may soon find it hard to bring home the bacon.

For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer