According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's recent outperformance, with ETH dominance rising to nearly 10%, serves as a leading indicator for capital flows into altcoins like Pendle and Bittensor, supported by institutional inflows to spot ETH ETFs (Tam). BTC and ETH prices fell sharply due to geopolitical tensions from Israeli airstrikes on Iran, heightening market volatility (market data). Singapore's Monetary Authority (MAS) is requiring licenses for offshore crypto exchanges by June 30, a move potentially influenced by past failures of Three Arrows Capital and Terraform Labs, to eliminate regulatory arbitrage (MAS update). Quranium launched QSafe Wallet, featuring quantum-resistant encryption to protect assets like BTC and SOL from future threats, addressing accelerating quantum computing risks (Quranium).

According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's recent outperformance against bitcoin serves as a leading indicator for capital flows into altcoins, with ETH dominance rising to nearly 10% and BTC dominance falling 2-3 percentage points, signaling a shift towards DeFi, modular infrastructure, and decentralized AI sectors. Tam noted that institutional demand, including over $1.25 billion in spot ETH ETF inflows since mid-May, supports this trend. Geopolitical tensions from Israeli airstrikes on Iran caused BTC to drop 4.7% to $103.3K and ETH to $2,694, though ETH remains up 40% over three months. Simultaneously, Singapore's Monetary Authority of Singapore has mandated licensing for offshore crypto firms by June 30, leading to shutdowns of exchanges like Bitget and Bybit, a move influenced by past issues with Three Arrows Capital and Terraform Labs that lacked local oversight.