From PayPal crypto confirmed to action in central bank digital currencies, these were six themes shaping the week.

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This episode is sponsored by Bitstamp and Crypto.com.

On this edition of the Weekly Recap, NLW explores:

• No-volatility bitcoin and DeFi’s big quarter
• An uptick in central bank currency action
• PayPal crypto confirmation
• A China-U.S. rhetoric flare-up
• Social media as democracy’s fault line
• In Fed World, is the narrative trade the only trade?

This week on The Breakdown:

Monday | The Real Story Behind Tesla’s Crazy Rally

Tuesday | Why Are Execs of Bankrupt Companies Being Rewarded With Millions?

Wednesday | A Primer on the US and China’s ‘New Cold War’

Thursday | No, the Twitter Hack Wasn’t About Bitcoin

Friday | What If the Too-Strong Dollar Is a Solved Problem? Feat. Jon Turek

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.