The Friday Five

The Breakdown

Nathaniel Whittemore

Investing, Business

4.8 • 786 Ratings

🗓️ 19 October 2024

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

NLW and Scott Melker count down the top five stories in crypto this week. Unlocking Bitcoin DeFi with ExSat The exSat Network aims to unlock and scale the Bitcoin ecosystem without compromising Bitcoins Ideology. The network has partnered with the largest mining pools in the world, major custodians and exchanges, Cefu, Cubolt, Matrixport, Copper, OKX and aims to have over $200M TVL at mainnet launch on the 23rd of October. Follow exSat’s Twitter to stay up to date @exsatnetwork or visit the testnet exsat.network Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

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0:00.0	Welcome back to The Breakdown with me, NLW.
0:08.0	It's a daily podcast on Macro, Bitcoin, and the Big Picture Power Shifts remaking our world.
0:18.0	What's going on, guys? It is Friday, October 18th, and that means it's time for the Friday 5.
0:24.2	Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it,
0:27.8	give it a rating, give it a review, or if you want to dive deeper into the conversation,
0:31.1	come join us on the Breakers Discord. You can find a link in the show notes or go to bit.ly slash
0:35.0	breakdown pod. All right, friends, back with another Friday 5 here today.
0:39.1	We've got some Uptober analysis, some political analysis, all the things that you have come
0:44.1	to expect from this season in crypto life.
0:46.9	So without any further ado, let's dive in.
0:50.8	We had a lot of mystery as to when October would start.
0:54.6	And of course, right at the back half of the month, here we go, Bitcoin up 10%.
0:59.8	We're so back.
1:01.5	It turns out when you dig into it, it tends to be.
1:04.8	I think that I saw someone studied it.
1:06.6	It was like the 14th was the average day that it kicked off or something.
1:09.5	So we're actually quite in line so far, it seems.
1:13.4	Yeah, I mean, take you a look quickly, up 10.61%.
1:17.0	I mean, very, very conspicuously, all coins underperforming here.
1:21.0	You take a look at Bitcoin's up to it.
1:22.8	You do have Doge down there up 23%, and we can talk about that a bit.
1:27.1	I mean, it obviously has jumped because Musk is out on the campaign trail talking about
	...

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