Deutsche Telekom's subsidiary T-Systems MMS, in collaboration with Bankhaus Metzler, launched a pilot project to test a Bitcoin mining infrastructure powered largely by renewable energy.
The Michigan State Retirement System became the first pension fund to invest in the Grayscale Ethereum ETF, which began trading in July. According to the documents, the Michigan pension agency invested about $10 million in the Grayscale Ethereum Trust. In addition, British pensions expert Cartwright guided the first pension fund in the UK as part of efforts to steer institutional investors into Bitcoin assets, enabling them to allocate 3% of a $65 million portfolio to Bitcoin.
At the time of writing, Bitcoin (BTC) is trading at $68,487 and Ethereum (ETH) at $2,429.
The fear and greed index is neutral at “50”.
Important developments during the day:
General Market Activity: US Presidential Elections will take place.
SEI (SEI): Monthly community discussion event will take place.
