This episode is sponsored by Nexo.io, Chainalysis, FTX US and Ava Labs.
On this edition of the Weekly Recap, NLW looks at:
- The markets new expectations for a 100bps or 1% rate hike at this month’s FOMC meeting
- 3AC and Celsius news
- Mt. Gox FUD
- Bank protests in China
See also: Celsius Acknowledges $1.2B Hole in Balance Sheet
The Fed Can't Whip Inflation Alone
US Bankruptcy Court Approves Foreign Administrator for Three Arrows Capital's Debt
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: DNY59/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.