around the world, with a particular focus on Dubai and the MENA region. In a recent X post, UAE native firm Sologenic shared its latest report, highlighting Ripple's efforts to attract institutional investors in Dubai. Sologenic boasted onboarding over 200,000 customers onto the XRP Ledger, expressing its delight at contributing to Ripple's goal. Earlier this year, in May, Ripple opened a new office in the Dubai International Financial Centre .
During his appearance on CNBC's"Squawk Box" on Tuesday, billionaire investor Paul Tudor Jones stated that Bitcoin, as well as gold, continues to be a reliable hedge. Prominent CNBC host disagreed with Jones's view, arguing that the flagship crypto is facing a significant downturn."...Mr. Bitcoin is about to go down big," he said. Many crypto enthusiasts rushed to comment on Jim Cramer's bearish forecast on Bitcoin. Blockchain.