1st March 2026 > > Miscellany.
- 2 days ago
- 2 min read
tl;dr
Miscellany – a bit of the Green Party, Dubai, Polymarket, and Morgan Stanley.
Market Snap
Market Wrap
Taken in the round, open warfare in the Middle East has been met with resilience from BTC, which is probably a surprise to many, not least CryptoQuant.com which remains firmly wedded to the four-year cycle theory:
Occasional Series – The Green Party
I have long maintained that outside of the exclusively white dinner parties held in the Democratic Republic of Islingtonia, there is vanishingly small appetite for an open border policy. Now that Zack Polanski has committed the Green Party to just such a policy by declaring all immigration to be legal, I guess my assertion is going to be put to the test. It’s a ballsy stance by Polanksi, and one which will not age well.
Interregnum
It has been a while since the last CCC, but I do have good reason. After a little bit of travelling in Sri Lanka, we started heading home yesterday with a planned – and as it has turned out – rather unfortunately timed two-hour stopover in Dubai. We missed getting out of that airport by less than half an hour, and we are kind of stuck right now. We have moved hotels after seeing smoke this morning rising from close to the one we stayed in last night. Maybe it’s a lethal game of whack-a-mole type activity, but you must do something. Potential plans are afoot for hightailing it to Muscat as Dubai does not feel safe to me. See you on the other side.
Curious Cryptos’ Commentary – Polymarket
Six newly created wallets focussed their betting activity on the timing of a US attack on Iran by 28th February 2026, in some cases just hours before the attack started, and at prices as low as 10c.
The total haul is over $1mm of ill-gotten gains.
What kind of monster do you have to be to inside trade on stuff like that?
Curious Cryptos’ Commentary – Morgan Stanley
Morgan Stanley has long been a supporter of the crypto revolution, not least as one of the first banks to adopt spot BTC ETFs as a product approved for distribution to all its clients by its financial wealth salespeople.
The firm has applied for a new bank trust charter to custody crypto assets for its clients, along with providing trading and staking services for cryptos. With over $9 TRILLION of AUM, this Wall Street giant is clearly signposting that it believes cryptos will continue to gain credibility alongside other more TradFi type investments.
The smart people take a long-term view and ignore short-term market machinations.
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