According to Charmaine Tam of Hex Trust, Ethereum (ETH) has surged nearly 40% over three months, beating Bitcoin (BTC) and acting as a leading indicator for capital flows into altcoins like Pendle and Bittensor, as ETH dominance rose to 10% while BTC dominance fell, signaling a shift towards DeFi and AI sectors. This trend is supported by institutional demand, with spot ETH ETFs attracting over $1.25 billion since mid-May, providing a solid foundation for sustained altcoin rallies. Meanwhile, Singapore's MAS has banned offshore crypto firms like Bitget and Bybit starting June 30, a move potentially influenced by past failures of Three Arrows Capital and Terraform Labs, which were domiciled there but lacked oversight, according to CoinDesk. Additionally, Quranium launched the QSafe Wallet using NIST-approved quantum-resistant algorithms to protect against future threats, offering enhanced security for traders on chains like BTC and Solana. Geopolitical tensions, such as Israel's attack on Iran, caused BTC and ETH to drop, with BTC trading at $104,959 and ETH at $2,400, but ETH's resilience suggests traders should monitor altcoin opportunities.

According to Charmaine Tam of Hex Trust, Ethereum's recent outperformance against Bitcoin, with ETH up nearly 40% over three months per CoinMarketCap, signals rising capital flows into altcoins like Pendle and Bittensor, driven by institutional demand for ETH ETFs attracting over $1.25 billion. Concurrently, Israeli airstrikes on Iran caused BTC and ETH prices to drop sharply, as reported by CoinDesk, with BTC falling to $103.3K and ETH to $2,694. Singapore's Monetary Authority (MAS) has mandated licensing for offshore crypto firms by June 30, a regulatory shift potentially linked to failures of Three Arrows Capital and Terraform Labs, according to CoinDesk, impacting exchanges like Bitget and Bybit.

According to @thedaoofwei on Twitter, a viral post showing social commentary on low birthrates in Singapore has sparked discussion about demographic challenges and their potential economic impact. For cryptocurrency traders, these population trends may influence Singapore's future policies on digital assets and financial innovation, as the government could seek to attract foreign talent and investment to offset domestic demographic pressures (source: @thedaoofwei Twitter, May 10, 2025). Market participants should monitor Singapore’s regulatory developments and workforce policies, as these factors can affect crypto adoption rates and institutional participation in the region.