Blockchain
Ethereum (1)
Description
# ArtChain Day 629
## Phrase of the day #628
Kind folks came and knocked some sense into me.
##### Day #628 in Arweave Permaweb
[Link](https://vqkpp4x4dag3swxiqzzwsrc5pjijp7uquv3de2dq5pzmjqyzuyxq.arweave.net/rBT38vwYDbla6IZzaURdelCX_pCldjJocOvyxMMZpi8)
##### News of day #629:
| Continent | News |
| ------ | ------ |
| Crypto | Bitcoin reached a seven-month peak, retesting its all-time high above $73,000 before facing a significant correction. EigenLayer dropped 17% after an initial rise, struggling to reclaim its peak of $4.90 since its October debut. Kaspa faced a 4.4% decline, remaining below the pivot level of $0.2592. |
| Europe | Russia's new crypto mining regulations took effect on Nov. 1, introducing strict energy caps and mandatory registration for miners. Individual miners can operate under a 6,000 kWh monthly electricity limit, while larger operations must register as entrepreneurs. |
| Oceania | Australia could establish a commissioner to prioritize long-term interests in policymaking, inspired by international initiatives. A recent survey shows 97% of Australians believe policies should consider future generations, with 79% supporting the creation of a commissioner for intergenerational justice. |
| Asia | Wikipedia's parent company, Wikimedia Foundation, is embroiled in a defamation lawsuit filed by Asian News International (ANI) in India over a page labeling ANI as a mouthpiece for the ruling party. The Delhi High Court ordered Wikimedia to reveal the identities of users who edited the ANI page. |
| Africa | Nigeria launches a nine-month amnesty program for individuals to deposit U.S. dollars held outside the formal banking system. Participants can deposit their dollars without facing penalties or scrutiny, aiming to recover illegally held currency. |
| Latin America | SmartFit has acquired Grupo Velocity, Brazil's largest spinning fitness studio chain, for R$163 million ($29M), with potential additional payments of up to R$20 million ($3.5M) based on performance. Velocity operates 82 locations and reported a net profit of R$10.1 million ($1.77M) with a 28% net margin. |
| North America | MicroStrategy adopts a "buy and hold" strategy for Bitcoin, showcasing strong confidence in its long-term value. Michael Saylor promotes Bitcoin as a global treasury reserve asset, aiming for widespread adoption. The company's Bitcoin strategy has outperformed tech stocks, gold, and real estate. |
##### Secret hash:
*a83cf93abad85120*