BlackRock Expands Bitcoin Holdings and Trading Volume Soars

DeFi lending has demonstrated substantial growth, with open borrows reaching $19.1B, marking a 959% increase from 2022 lows. Total Value Locked (TVL) has grown 160% year-over-year to $96.5B. Key drivers include: - Reliable protocols (Aave, Compound, MakerDAO) - Enhanced risk management systems - DAO governance improvements - Layer-2 scaling solutions Market indicators suggest sustained growth in the DeFi lending sector, with over 500,000 active borrowers and monthly loan volumes exceeding $2B. Data available on [DeFiLlama](https://defillama.com).

The MANTRA OM token experienced a severe 90% crash on April 13, 2025, dropping from $6.30 to below $0.50. The team attributes this to forced liquidations during low liquidity periods. Key points: - Market cap dropped from ~$6B - Team denies insider trading - Token has recovered to $0.78 as of April 16 - Large wallet movements observed pre-crash - DAMAC partnership ($1B) remains active Current status: - Recovery shows promise but risks remain - Community trust issues persist - Team provided on-chain proof of locked tokens - Trading volume indicates continued market interest Recommended actions: - Review holdings on exchanges - Monitor official channels - Consider adjusting stop-loss orders - Join upcoming AMA for updates

Illinois has introduced bill HB1844 to establish a state-managed Bitcoin treasury, potentially becoming the first U.S. state with a dedicated BTC reserve. Key provisions: - BTC to be held as state treasury asset - Mandatory 5-year holding period - Public Bitcoin donation capability - Secure cold storage implementation The bill represents a significant shift in institutional Bitcoin adoption. If passed, it could influence other states to follow suit, potentially creating a new framework for state-level cryptocurrency reserves. Learn more about the bill: [HB1844 Details](https://ilga.gov)

Several firms including Rama Research, Autonolas, Fetch.ai, and Ocean Protocol are developing AI-powered trading systems that operate autonomously on blockchain networks. Key developments: - Autonomous wallets on Solana & Ethereum that handle DCA strategies - MEV AI bots on Flashbots conducting gas auction arbitrage - LLM agents managing DAO operations and treasury management These systems are designed to: - Scan millions of charts per second - Detect market patterns - Execute trades without human emotion - Self-improve through reinforcement learning *Notable concern*: As these systems become more autonomous, questions arise about ownership and control of AI trading systems and their profits.

**Key Tax Rates by Region:** - US: 10-37% for short-term gains, 0-20% for long-term - India: Flat 30% + 1% TDS - EU: Varies by country (Germany: tax-free after 1 year) - Japan: Up to 55% on gains **Tax-Free Jurisdictions:** - UAE: No personal or capital gains tax - Singapore: No capital gains tax - El Salvador: Exempt from CGT **New Regulations:** - OECD's CARF framework starts January 2026 - EU implementing DAC8 for unified reporting - US brokers must use Form 1099-DA from 2025 *Consult a tax professional for specific guidance.*