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Ray Dalio Dismisses Bitcoin as Central Bank Reserve Asset

Ray Dalio Dismisses Bitcoin as Central Bank Reserve Asset

Ray Dalio, the founder of Bridgewater Associates, has publicly stated that Bitcoin is unlikely to become a reserve asset for central banks due to its lack of privacy. In a post on X on May 11, he explained that the transparency of Bitcoin’s blockchain allows transactions to be tracked and potentially controlled by governments, which discourages central banks from adopting it. Despite holding about one percent of his personal portfolio in Bitcoin, Dalio identified three key drawbacks: insufficient privacy, a strong correlation with technology stocks, and a market cap that remains far smaller than gold’s.

Dalio reiterated his preference for gold, emphasizing that it is more widely held, deeply entrenched in the global financial system, and continues to serve a central role. He pointed out that Bitcoin’s tendency to move in tandem with Nasdaq-listed tech stocks undermines its value as an independent hedge during market stress. Additionally, he raised the issue of potential quantum computing threats to Bitcoin’s cryptographic security, although experts note that this concern applies broadly across the financial sector, not just to cryptocurrencies.

Michael Saylor, executive chairman of Strategy, directly countered Dalio’s arguments, asserting that Bitcoin’s transparency is actually a strength. He said it makes Bitcoin suitable as global digital collateral because it is verifiable and auditable without relying on a trusted third party. Bitwise CIO Matt Hougan offered a pragmatic perspective, acknowledging the validity of Dalio’s concerns but viewing them as investment opportunities. He remarked that if these criticisms did not exist, Bitcoin would already be worth one million dollars per coin.

The discussion around Bitcoin’s role as a reserve asset has gained momentum since the U.S. government established a strategic Bitcoin reserve in 2025 and other sovereign funds began accumulating the cryptocurrency, albeit at levels still insignificant compared to global gold reserves.

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Bitcoin Bull Signal: CryptoQuant Indicator Turns Green for First Time Since 2023

Bitcoin Bull Signal: CryptoQuant Indicator Turns Green for First Time Since 2023

For the first time since March 2023, CryptoQuant’s Bull-Bear Market Cycle Indicator has flipped into bullish territory, hinting at a potential shift away from bearish market behavior. The indicator, which hinges on the Profit and Loss Index combining MVRV ratio, NUPL, and a comparison of Long-Term Holder and Short-Term Holder SOPR ratios, registered this change on May 12.

Julio Moreno, head of research at CryptoQuant, noted on social media that such a transition typically implies that the correction’s worst phase may be over and that market structure is starting to recover. When the signal turned, Bitcoin was trading above $80,000, recovering roughly 35% from its February lows around $60,000.

Historically, the last confirmed green reading in March 2023 persisted until August 2024, accompanying Bitcoin’s climb from roughly $20,000 to an all-time high above $73,000. However, a critical exception occurred in March 2022 when the indicator briefly turned green before Bitcoin extended a deeper downtrend into 2023. This has led analysts to urge caution, emphasizing that this signal is more a regime-shift tool than a predictive crystal ball.

Mati Greenspan, founder of Quantum Economics, explained that the indicator is most valuable for identifying when Bitcoin stops acting like a bear-market asset, but sustained demand, liquidity, and price acceptance at higher levels are essential before the signal can be fully validated. Moreno pointed out that Bitcoin must decisively break the $82,000 resistance level, which has thwarted multiple rally attempts, for price action to confirm the bullish signal.

Supporting the potential regime change, April saw $2.44 billion in inflows into spot Bitcoin ETFs, marking the strongest monthly institutional accumulation since October 2025. Additionally, Glassnode’s RHODL ratio stands at 4.5, the third-highest in Bitcoin’s history, with previous comparable levels occurring at the 2015 and 2022 cycle bottoms. Arthur Hayes, CIO of Maelstrom, separately argued that Bitcoin may have found its cycle bottom at $60,000 earlier in 2026 and identified $90,000 as a threshold where a rally could become explosive toward the prior all-time high of $126,000. Bitget Wallet analyst Lacie Zhang highlighted that Bitcoin is “positioned for a potential breakout toward $85,000 to $90,000,” driven by strong institutional support and continued ETF inflows.

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Key Arsenal Defender Ruled Out for Season Ahead of UCL Final

Key Arsenal Defender Ruled Out for Season Ahead of UCL Final

Arsenal’s plans for the Champions League final have suffered a massive setback. The club has confirmed that Ben White will be unavailable for the remainder of the campaign. The English international picked up what is believed to be a medial cruciate ligament injury during the narrow 1-0 victory over West Ham at the London Stadium on Sunday. The Athletic first reported the extent of the damage, raising serious concerns about White’s availability for the summit clash against Paris Saint-Germain scheduled for May 30.

As a result, the defender is also set to miss the upcoming Premier League matches against Burnley and Crystal Palace. Beyond club commitments, White’s participation in the 2026 World Cup with England is now in serious jeopardy. The injury comes at the worst possible time for Mikel Arteta’s side, which will have to reshuffle the defensive lineup for the biggest game of the season. Arsenal fans will be hoping that White’s absence does not derail their chances of lifting the European trophy.

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Genoa Rekindle Interest in Blackburn Rovers’ Ryan Alebiosu

Genoa Rekindle Interest in Blackburn Rovers' Ryan Alebiosu

Serie A side Genoa are once again targeting Blackburn Rovers’ Nigerian defender Ryan Alebiosu, according to reliable sources. The Italian club had previously tried to secure his services during the January transfer window but saw their €5 million bid rejected by the Championship outfit.

Reports from Tuttomercato indicate that Genoa will launch a fresh offensive for the 24-year-old when the summer market opens. Blackburn Rovers are believed to be more open to negotiations this time around, having successfully secured their status in the Sky Bet Championship for the upcoming season.

A bid similar to the one tabled in January could be enough to convince the Rovers to part ways with the Nigeria international. Alebiosu featured prominently for the Blue and Whites in the 2025/26 campaign, making 41 league appearances and contributing one goal and five assists.

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Nigeria Wins Bid to Host 2026 CAF Ordinary Congress and Awards

Nigeria Wins Bid to Host 2026 CAF Ordinary Congress and Awards

In a significant boost for African football, Nigeria has been selected to host two major CAF events in 2026: the 48th Ordinary General Assembly and the annual CAF Awards ceremony. The announcement was made by President Bola Tinubu during a meeting with CAF President Dr. Patrice Motsepe at the Africa Forward Summit in Nairobi, Kenya.

The Ordinary General Assembly is scheduled for October 2026, bringing together delegates from all 54 CAF member associations, zonal union representatives, and senior football officials from across Africa. The CAF Awards will follow in December 2026, honoring the continent’s top football talents.

This marks a shift from recent years, as Morocco had hosted the last three editions of the CAF Awards. Nigeria’s selection underscores its growing influence in African football administration and its commitment to developing the sport on the continent.

The West African nation last hosted the CAF Awards in 2013, and the 2026 events are expected to attract global attention, showcasing Nigeria’s capacity to organize large-scale football gatherings.

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Iker Casillas Opposes Mourinho’s Real Madrid Return

Iker Casillas Opposes Mourinho's Real Madrid Return

Iker Casillas, the legendary former goalkeeper for Real Madrid, has publicly expressed his disapproval of Jose Mourinho potentially returning to manage the club. In a recent statement on social media, Casillas made it clear that while he respects Mourinho as a coach, he does not believe the Portuguese manager is the right choice for the team’s future.

The Spanish football icon took to X on Tuesday to share his thoughts. He acknowledged Mourinho’s professionalism but emphasized that there are other coaches who would be better suited to lead the club he loves. Casillas wrote, ‘I have no issue with Mourinho. I consider him a top professional. However, I don’t see him returning to Real Madrid. I believe other managers are more capable of coaching the club of my life. This is purely my personal opinion, nothing more.’

This comes amid rumors that Real Madrid are in talks with Benfica to release Mourinho from his contract. The 63-year-old coach previously managed Los Blancos from 2010 to 2013, winning the La Liga title in 2012. Despite his past success, Casillas, who was a key player during Mourinho’s tenure, seems to believe that a different direction is needed for the team’s future.

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Kano Pillars’ Relegation Fears Unfounded, Says Babaganaru

Kano Pillars’ Relegation Fears Unfounded, Says Babaganaru

Kano Pillars’ technical adviser, Mohammed Babaganaru, has confidently stated that the club will not be relegated from the Nigerian Premier Football League this season. The four-time champions currently occupy 10th spot in the standings after a narrow 1-0 victory over Warri Wolves in their latest fixture.

Despite their recent win, the Kano-based team is not completely safe from the drop. A defeat in their final match could see them slip into the relegation zone. Pillars are set to face Plateau United at the New Jos Stadium, a crucial encounter for both sides as they battle to retain their top-flight status.

Babaganaru expressed optimism, saying, “We remain focused, determined, and confident of avoiding relegation in the season’s last game. Our fans should stay calm, keep praying, and continue to believe in us. God will see us through.”

He urged supporters to rally behind the team as they head into the decisive clash against Plateau United.

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Gavi to Vinicius: ‘Shut Up and Play’ After Taunting Him Over Ballon d’Or Snub

Gavi to Vinicius: 'Shut Up and Play' After Taunting Him Over Ballon d'Or Snub

During Sunday’s thrilling El Clásico, Barcelona’s young midfielder Gavi reportedly aimed a sharp verbal jab at Real Madrid forward Vinicius Junior, referencing the Brazilian’s failure to win the Ballon d’Or in 2024. According to footage circulating on social media, Gavi approached Vinicius and said, ‘Where’s your Ballon d’Or?’ to which Vinicius responded, ‘What do you want, mate? I’m keeping my cool.’ Gavi then retorted, ‘Shut up and play, man, stop playing the fool.’ The exchange occurred during a heated moment in the game that Barcelona eventually won 2–0, securing the La Liga title at Camp Nou. Gavi later clarified he doesn’t take such incidents personally, emphasizing that whatever happens on the pitch stays there. Vinicius, who has 21 goals and 14 assists this season, has endured a challenging campaign with Real Madrid, which saw two managerial changes and internal conflicts. The Ballon d’Or snub, where Rodri beat him to the award, has been a sore spot especially after Real Madrid and Vinicius boycotted the ceremony.

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Casemiro Picks Gareth Bale as the Ultimate All-Round Player After Ronaldo

Casemiro Picks Gareth Bale as the Ultimate All-Round Player After Ronaldo

Manchester United midfielder Casemiro has singled out Gareth Bale as the most well-rounded footballer he has ever played with, second only to Cristiano Ronaldo. The Brazilian made this known during his recent chat on the Rio Ferdinand Presents podcast.

According to Casemiro, Ronaldo operates on a different plane altogether, so he should be excluded from the discussion. When asked to name the next best complete player, the 34-year-old didn’t hesitate to mention the former Wales star.

Casemiro highlighted Bale’s exceptional speed and physical strength during his prime years. He also praised the winger’s ability to contribute in all phases of the game, from attacking to defending, and even noted his prowess in the air.

“Cristiano is from another world. Let’s take Ronaldo out of the conversation,” Casemiro said. “Gareth Bale is the best and most complete. He attacks, defends, and scores headers. He is so quick, strong and unbelievable.”

The Brazilian and Bale were teammates at Real Madrid, where they won multiple Champions League titles together. Casemiro’s admiration for Bale’s versatility and skill set is clear, underscoring the Welshman’s legacy as one of the game’s finest.

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Nasarawa United Coach Vows to Finish NPFL Season on a High Note

Nasarawa United Coach Vows to Finish NPFL Season on a High Note

Nasarawa United’s technical adviser, Mbwas Mangut, has assured fans that the team will deliver a strong performance in their season finale, despite having no chance of qualifying for continental competitions. The club, known as the Solid Miners, currently sits in fifth place on the NPFL standings with 56 points. Their final match is against Barau FC at the Sani Abacha Stadium in Kano, a fixture that will be played purely for pride.

Reflecting on his team’s recent form, Mangut expressed satisfaction with the progress his players have made since their earlier encounter with Plateau United. He acknowledged that the match was challenging, but praised his squad’s improvement. “I am pleased with the way my players have developed since the first-leg match. Although Plateau United gave us a tough fight, it was a great contest,” Mangut said in a statement released by the club’s media department. “We will continue to fight hard until the very end of the league campaign.”

The coach’s comments come after Nasarawa United missed out on a continental ticket, leaving them with nothing but reputation to play for in their last game. Nevertheless, Mangut remains determined to end the season positively, emphasizing the importance of finishing strongly. The team’s position in the table reflects a solid campaign, but the technical adviser believes there is still room to impress.