Sberbank, Russia’s largest bank, said it will officially accept Bitcoin as collateral for loans once Russia’s new digital asset rules take effect on September 1. The bank said Ethereum and USDT will be added to the collateral list after the central bank approves them for public circulation. Sberbank has more than 100 million customers, marking a step in Russia’s use of crypto assets in financial services.

Remarks by Fed Chair Kevin Warsh set off a large wave of liquidations in the crypto market, with total liquidations reaching $488 million. The move followed a sharp jump in expectations that the Federal Reserve could raise interest rates, putting broad pressure on risk assets. In crypto, that pressure triggered a stampede of long-position liquidations that cascaded into a chain reaction across the market.

Bitcoin fell below the $80,000 level. The move followed public remarks by Fed official Kevin Warsh pledging to tackle inflation and signaling a potentially continued restrictive policy stance, Bloomberg reported. Concerns about tighter liquidity conditions weighed on risk assets such as cryptocurrencies.

A Nasdaq-listed company plans a share issuance in which it will issue 10 new shares for every existing share, with proceeds to be used to buy Bitcoin. The move underscores how traditional listed companies are using equity financing to expand their balance-sheet exposure to Bitcoin.

Crypto exchange Kraken voted against a Solana governance proposal. The proposal seeks to speed up the reduction in SOL’s supply growth by increasing SOL inflation’s disinflation rate from the current -15% per year to -30% per year. Kraken’s opposition could affect the proposal’s chances of being approved.

Solana’s governance vote to reduce inflation is nearing its deadline, with support at 67.88%, narrowly above the 66.7% threshold required to pass. Major staking providers including Figment and Everstake have voted against, arguing that faster disinflation would cut SOL issuance and reduce staking yield. Solana’s DAT “Solana Company (HSDT)” also opposed the proposal, citing the need for consistent rules at a key moment for institutional adoption. By contrast, leading DeFi protocol Jupiter cast all its votes in favor, and the proposal’s passage would lower SOL’s annualized staking APY and could affect capital retention and smaller validator operations.

BTC rose 1.85% to USD 80,389 as reported spot-fund demand and USD 67.49 million in BTC short liquidations supported the move.

Solana’s SOL token has broken above the $100 level. Data show derivatives open interest for the token climbed 10%, pointing to stronger market participation. Meanwhile, exchange-traded funds (ETFs) tracking SOL have continued to post net inflows, suggesting growing allocation interest from institutional and mainstream investors. Together, these moves indicate a recent pickup in Solana market activity and capital inflows.