The second-largest cryptocurrency by market capitalization, Ethereum’s Ether (ETH), significantly outperformed Bitcoin last year as the flagship cryptocurrency’s volatility hindered its growth.
Grayscale Investments has seen its assets under management (AUM) drop more than 28% from around $60.9 billion in early November to $43.6 billion. Its Bitcoin Trust product, the firm’s largest holdings, saw a 30% decline from $43.5 billion to $30.4 billion.
Shiba Inu has launched a beta version of its decentralized autonomous organization (DAO) to give users more power to decide on cryptocurrency projects and pairs listed on the ShibaSwap trading platform.
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Top stories in the Crypto Roundup today:
- Ether Outperformed Bitcoin as Volatility Hindered BTC’s Growth
- Grayscale’s Assets Under Management Dropped 28% Since November
- Shiba Inu Launches Beta Version of its DAO
- What is Polkadot?
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