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.

According to Charmaine Tam, Head of OTC at Hex Trust, Ethereum's ETH recent 40% gain over three months and rising dominance indicate capital shifting towards altcoins, serving as a leading indicator for sectors like DeFi and decentralized AI, with institutional inflows supporting this trend. Geopolitical tensions from Israeli airstrikes on Iran have caused BTC and ETH prices to decline, adding market volatility. Singapore's Monetary Authority of Singapore MAS has enforced new regulations requiring offshore crypto firms to obtain licenses by June 30, a move potentially influenced by the collapses of Three Arrows Capital and Terraform Labs, leading exchanges such as Bitget and Bybit to cease operations. Quranium launched the QSafe wallet with quantum-resistant encryption to address future security threats for assets like BTC and Solana SOL.