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Bitcoin is in a bear market So what should hodlers do now?

Bitcoin is in a bear market. Let’s not beat about the bush, or try to spin it. The price is falling – it fell 10% just while I was asleep last night and it’s already almost 40% off its highs. If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. It’s a bear market. So what happens next? How long does it go on for? Where does it fall to? And, most importantly, what do we do? Bitcoin is on the slide. But what do you do about it?

Central Banks to Pour Money Into Economy Despite Sharp Rebound

Central Banks to Pour Money Into Economy Despite Sharp Rebound Bloomberg 2 hrs ago (Bloomberg) The aggressive rebound in global economic growth still isn’t enough for most of the world’s central banks to pull back on their emergency stimulus. In Bloomberg’s quarterly review of monetary policy covering 90% of the world economy, the Federal Reserve, European Central Bank and Bank of Japan are among the 16 institutions set to hold interest rates this year. © Bloomberg The Bloomberg Central Bank Outlook The outlook suggests officials still want to guarantee the recovery from last year’s coronavirus recession by maintaining ultra-low borrowing costs and asset-buying programs. That may require them to accept any accompanying bounce in inflation.

Rio Tinto s chairman Simon Thompson to step down in latest shakeup following Indigenous cave destruction

Rio Tinto s chairman Simon Thompson to step down in latest shakeup following Indigenous cave destruction CNN 3/3/2021 By Laura He, CNN Business © Luke MacGregor/Bloomberg via Getty Images Simon Thompson will step down as chairman of Rio Tinto in 2022. Rio Tinto Chairman Simon Thompson is stepping down over the company s destruction of a 46,000-year-old, sacred Indigenous site in Australia, becoming the latest in a string of departures connected to the event. Thompson, who has chaired the company since 2018, has told Rio Tinto s board that he will not seek re-election in 2022, according to the company. As Chairman, I am ultimately accountable for the failings that led to this tragic event, Thompson said in a statement. The tragic events at Juukan Gorge are a source of personal sadness and deep regret, as well as being a clear breach of our values as a company.

How Zimbabwe s cartels extract rent from Zimbabwe s poorest and make the elites richer

How Zimbabwe’s cartels extract ‘rent’ from Zimbabwe’s poorest and make the elites richer Source: MAVERICK CITIZEN EXCLUSIVE, PART TWO Illustrative image | Sources: Zimbabwean President Emmerson Mnangagwa. (Photos: Waldo Swiegers / Getty Images | Flickr / Elena Kis | EPA-EFE/AARON UFUMELI | Luke MacGregor/Bloomberg via Getty Images | Cynthia R Matonhodze/Bloomberg via Getty Images The publication by Maverick Citizen of the Report on Cartel Power Dynamics in Zimbabwe has raised some important questions about the presence and impact of cartels in Zimbabwe in particular and Southern Africa in general. The report finds that there is consensus across political parties, academics, and wider society that cartels “go against the public interest” and are characterised by collusion between the private sector and influential politicians to attain monopolistic positions, fix prices and stifle competition.

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