MacroScope (@MacroScope17) / X

MacroScope

4,724 posts

MacroScope

@MacroScope17

Topics: institutional trading, asset management and monetary policy. Tweets are opinions only and are not intended as advice.

New York, USA

Joined August 2017

MacroScope
@MacroScope17
Dec 3, 2023
Last week, I flew from New York's JFK Airport to El Salvador. Here's what happened during my trip. Because of Bitcoin, I've been reading about the country and decided to visit. More on Bitcoin in a minute. I'll also comment on the topic of safety. First, here's a takeaway from
2M
MacroScope
@MacroScope17
Oct 24, 2024
In an SEC filing late this afternoon, Microsoft disclosed that "Assessment of Investing in Bitcoin" is currently proposed and will be a voting item for the shareholder meeting on December 10 (the filing notes that "the Board recommends a vote against this proposal"). The filing
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MacroScope
@MacroScope17
May 24, 2021
BTC institutional alert: In a filing minutes ago, Globant (NYSE: GLOB), market cap $8.7 billion, disclosed it has been buying Bitcoin. Filing (see page 10 and 28): sec.gov/Archives/edgar…
MacroScope
@MacroScope17
Mar 17, 2024
I wonder how many really understand the bitter opposition by policymakers to Bitcoin and especially an ETF. Gary Gensler doesn't really hate it because of investor protection (that's only a minor reason). Elizabeth Warren doesn't actually think its criminal use is significant.
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MacroScope
@MacroScope17
Mar 22, 2022
Bloomberg: Because of inflation, you should skip your pet's medical needs. El Salvador: Because of Bitcoin, we opened a new national veterinary hospital.
MacroScope
@MacroScope17
Apr 13, 2021
Reaction on Wall Street as BTC/Coinbase valuations rival and exceed the largest banks and exchanges: amazement, shock and denial. The latter reminds me a lot of the brick-and-mortar reaction years ago when Amazon did the same. I think we're on the front end of a....
MacroScope
@MacroScope17
Oct 1, 2021
BTC up, legacy markets down. The importance of these divergences cannot be overstated. They flash bright red on the screens of every asset manager and trader and solidify BTC as a go-to macro asset on desks globally.
MacroScope
@MacroScope17
Feb 28, 2022
Big update on BTC institutional ownership out there right now. Will post as soon as I can.
MacroScope
@MacroScope17
Aug 10, 2024
Earlier this week, I flew from New York's JFK Airport to El Salvador. This was my second visit. You can read the previous trip report I posted on December 2. This is an incredibly interesting country right now and I recommend putting it on your travel list. Here are some quick
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MacroScope
@MacroScope17
May 17, 2025
It’s been a cold winter and cloudy spring, so last week I grabbed a flight from New York to El Salvador. This was my third trip since 2023. I continue to be struck by how the country is changing between my visits, especially in terms of infrastructure. Projects that drag on for
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MacroScope
@MacroScope17
Oct 27, 2021
When you see things like SHIB or DOGE, remember: These are social manifestations of irresponsible monetary policy. They have nothing to do with BTC. In fact, they show why BTC is so important.
MacroScope
@MacroScope17
Jan 24, 2025
After Trump’s executive order on Thursday, here are some quick comments on the BTC strategic reserve and what to watch for next. This includes a price prediction. 1. As a DC observer since the 1970s, I don’t think I’ve seen a political movement coalesce and get momentum like
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MacroScope
@MacroScope17
Jan 20, 2025
Lots of younger people/traders in BTC, so having seen every inauguration since the 1970s, I'll say this: No one should be surprised BTC wasn't mentioned. Not an appropriate topic for that speech, to say the least. There will be more than enough headlines about it in coming days
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MacroScope
@MacroScope17
Dec 5, 2022
If BTC retraces the entire FTX dip, watch for a psychological moment when traders say, "Wait, this thing got hit with the equivalent of Enron, Madoff, Lehman and a bunch of other stuff...and it's back to 20k?"