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The State of Play in Fed Commentary and the Crypto Contagion
The Federal Reserve is throwing cold water on the two-week market rally.
ABOUT
This episode is sponsored by Nexo.io, Circle and Kraken.
On this edition of the “Weekly Recap,” NLW follows the path of the crypto contagion including the latest from FTX, Silvergate Bank and Genesis Lending. He also looks at the slate of officials the Federal Reserve trotted out to tamp down market enthusiasm following signs the pace of inflation may be slowing.
See also: Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is "Back To The End" by Strength To Last. Image credit: Brooks Kraft/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
HOST
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

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