List of Flash News about Singapore crypto
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2025-06-26 03:46 |
ETH Outperforms BTC Signaling Altcoin Rally Amid Geopolitical Tensions and Singapore Crypto Crackdown
According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's (ETH) recent dominance increase to nearly 10% signals capital shifting toward altcoins in sectors like DeFi and AI, despite BTC falling to $103.3K and ETH to $2,694 due to geopolitical tensions from Israel's attack on Iran. Singapore's Monetary Authority has banned offshore crypto exchanges, a regulatory move potentially influenced by the failures of Three Arrows Capital and Terraform Labs, as reported in market updates. Quranium launched QSafe Wallet with quantum-resistant encryption to address emerging security threats, according to Dhiman. |