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• Bitcoin (BTC) is the 12th largest asset worldwide by valuation. • It has a market capitalization of $469.60 billion, surpassing that of Visa’s. • BTC’s market valuation is still below that of Meta (formerly Facebook), which is currently at $499.66 billion. Bitcoin Becomes 12th Largest Asset Worldwide by Valuation The price of bitcoin, the leading digital asset by market capitalization, dropped below $26,000 per unit but it is still up 9.6% since last week and 6.5% in the last…

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• The executive chairman of the asset management firm Iceberg Capital Limited, Mustafa Kheriba, states that adoption of crypto has been skyrocketing in the Middle East and Northern Africa region due to factors such as high inflation and residents‘ desire for high-return investment opportunities. • According to Kheriba, most experienced software developers are likely working on blockchain projects despite bearish conditions that persisted in much of 2022. • Some regulators have seized the initiative by establishing or proposing to create…

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