Category: Monthly Newsletter

How AI is Driving the Future of Blockchain and Digital Assets

Although artificial intelligence has been a computer science discipline for many years, over the past decade there has been a revolution of fitting AI to work on graphic processing units of all levels, from enterprise-grade hardware down to common gaming-oriented peripherals found in home computers. This unprecedented level of access to the technology has enabled both solo enthusiasts as well as developer groups to bring their own AI-enabled offerings to the community.
Read More

Digital Assets Remain Correlated Despite Recent Events 

In financial markets, correlations are commonly used to identify relationships between different assets and can be used as a measure of market risk. When it comes to traditional markets and digital assets, there is some debate over whether or not they are truly decoupled from each other. While some argue that crypto is becoming increasingly independent from traditional market movements, the truth is that it will take much longer than a few isolated events to demonstrate that decoupling. Recently, the rise in BTC price has been attributed to mistrust in traditional banks due to recent failures which has caused people to move their funds into cryptocurrencies for security and stability purposes. This could indicate that there is still a strong link between traditional markets and crypto despite its increasing independence.
Read More

How 2023 is Going to Rebuild the Digital Asset Sphere

It’s undisputed that 2022 was a succession of some of crypto’s worst news to date, as fallout from the FTX and Terra/Luna debacles along with other uncontrollable external factors sent markets into a nosedive. However, once the fallout settled, it revealed that not only did markets reach a floor higher than anyone would have expected considering the scope of the incidents, but that they would also find a way to claw back some of the losses that were sustained. Although we are only two months into the year, it’s clear that the stage is set for a roaring return in 2023 with some of the pieces already demonstrably in place.
Read More

Dubai Positioning Itself to Embrace the Rebound of Digital Assets

Despite the previous downturn in the digital assets market, there are a myriad of groups putting their weight behind them. Dubai, one of the seven states comprising the United Arab Emirates has made several moves over the past year, embracing the currency with open arms and investing heavily not only in regulatory framework and streamlining but also introducing itself as the social hub of the Metaverse.
Read More

FTX and Alameda Research Go Bankrupt: What Happened?

Over the past two weeks, previously trusted exchange FTX has been rocked by a scandal where it was discovered that customer funds from FTX were misappropriated and funneled to quantitative investing firm Alameda Research. Following this news, a crisis of confidence and subsequent liquidity crisis struck the exchange, sending a shock throughout the digital asset world that had previously already endured similar turmoil earlier this year following the collapse of LUNA.
Read More

Varys Capital is pleased to announce an investment in Arties. Arties’ goal is to provide a platform for traditional artists and guide them through the NFT space through combining traditional and digital art with new technology.

Read More

Varys Capital is pleased to announce an investment in Analog. Analog’s mission is to provide omnichain interoperability that allows any number of blockchain projects to communicate with each other, providing a decentralized, secure, trustless, and infinitely scaling transaction ledger.

Read More

Institutional Investors Dig Deeper Into Digital Assets Despite Bear Market

According to a study conducted on behalf of Fidelity Digital Assets, seven out of ten institutional investors expect to invest in digital assets In the future. Moreover, almost half of those respondents stated they are already invested in them. Despite the common perception of a “crypto winter” it appears that institutions are still bullish in investing and have maintained their holdings even despite Bitcoin’s precipitous fall earlier in the year.
Read More

Ethereum Merge Brings Huge Upgrades to the #2 Market Player

The long-awaited Ethereum Merge is set to occur between September 10 and 20, dependent on when specific on-chain metrics are reached. This will bring with it not only several on-chain upgrades but also address a very specific environmental concern that critics of digital assets have been levying against Bitcoin for years. Although any upgrade to a major platform can be intimidating, there is quite a bit of reason for optimism and may bring some big changes to how digital assets are traded and invested.
Read More

What We Can Learn From Celsius

Following on the high-profile collapse of Terra a month prior, the Celsius network has filed for Chapter 11 bankruptcy protection while halting transactions and withdrawals. While the two networks had much in common, such as offering users unsustainable high rewards, their stories have nonetheless subtle differences. It’s important to examine what led to the collapse, and how other platforms and services can avoid the same fate, even in the midst of a heavy bear market.
Read More

How to Read Bitcoin After The Price Drop

Bitcoin experienced a massive sell-off over the prior month, spurred on by uncertainty over adverse market conditions, scrutiny over products promising high yields such as Celsius and TerraUSD, and potential action by the Federal Reserve being considered to counteract rampant inflation in the United States Dollar. While the price drop may seem precipitous, over the long term Bitcoin has remained a strong competitor to the dollar, even in a bear market specific to digital assets.
Read More

TerraUSD and Luna Stablecoin Ecosystem Crash: What’s Next?

Earlier this month, the price of the Luna digital asset crashed down to a fraction of a cent from a high over $77 over the span of a few short days. The asset had previously weathered a few bumps in the road and appeared to have a healthy ecosystem behind it, so the flash crash caught investors and onlookers off guard. The community is already conducting a sort of post-mortem analysis to determine what happened and how to potentially prevent it with other assets going forward.
Read More