According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's recent outperformance against Bitcoin, with ETH up nearly 40% over three months according to CoinMarketCap, signals a capital shift towards altcoins as ETH dominance rose to nearly 10% while BTC dominance fell. This trend, supported by on-chain flows and institutional inflows of $1.25 billion into ETH ETFs, points to potential altcoin rallies in sectors like DeFi and decentralized AI. Geopolitical tensions from an Israeli attack on Iran caused BTC and ETH prices to decline, while Singapore's Monetary Authority banned unlicensed offshore crypto firms, leading exchanges like Bitget and Bybit to cease operations, partly due to past issues with Three Arrows Capital and Terraform Labs. Quranium also launched a quantum-safe wallet using NIST-approved algorithms to address emerging cryptographic threats.

According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's dominance rising to nearly 10% indicates capital shifting from Bitcoin (BTC) to altcoins in DeFi and AI sectors, supported by institutional inflows including over $1.25 billion in spot ETH ETF demand and on-chain flows showing strength in assets like Pendle and Bittensor. Geopolitical tensions from Israel's attack on Iran have pressured BTC and ETH prices lower, as reported in market data. The Monetary Authority of Singapore (MAS) has enforced licensing for offshore crypto exchanges starting June 30, a regulatory move potentially influenced by past challenges with firms like Three Arrows Capital and Terraform Labs. Additionally, Quranium launched QSafe Wallet with quantum-resistant encryption based on NIST standards to counter emerging threats.

According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's recent outperformance against Bitcoin, with ETH dominance rising to nearly 10% as BTC dominance fell 2-3 percentage points, serves as a leading indicator for capital flows into altcoins like DeFi and AI sectors. Tam noted that institutional inflows into spot ETH ETFs, exceeding $1.25 billion since mid-May, support this trend, with assets such as Pendle and Bittensor showing strong on-chain inflows. Amid geopolitical tensions from Israeli airstrikes on Iran, BTC dropped 4.7% to $103.3K and ETH fell to $2,694, though ETH remains up 40% over three months. Singapore's MAS has banned offshore crypto firms like Bitget and Bybit from operating without licenses starting June 30, a move potentially linked to past issues with Three Arrows Capital and Terraform Labs, which had minimal local presence despite Singapore domicile, as stated in MAS's June 6 update based on the 2022 Financial Services and Markets Act. Additionally, Quranium launched the QSafe quantum-safe wallet using NIST-approved algorithms to protect against future threats, supporting BTC, SOL, and EVM chains, as Dhiman from Quranium emphasized its proactive security design.