The NFL began April without an official sportsbook partner after its deals with Fanduel, Draftkings, and Caesars expired at midnight on March 31 without renewals. Talks reportedly stalled over higher pricing for official live data distributed via Genius Sports, as the league also faces a March 24 lawsuit alleging addictive microbetting products.

StakeStone (STO) jumped from $0.11 to about $1.87 in two days before sliding to roughly $0.76, after a sharp volatility spike. A newly created wallet first withdrew 25.5 million STO ($4.85 million; 11.32% of supply) from Binance, then later deposited 28 million STO ($10.12 million; 12.43% of supply) to Gate. Technical readings showed an overheated move, with RSI hitting 97.33 and Open Interest rising 344% to around $180 million.

The International Monetary Fund said tokenization could reduce frictions and improve transparency in finance, while warning its overall impact on financial stability remains uncertain. The report said faster automation may intensify stress events and, in emerging markets, tokenization could aid cross-border payments and inclusion but may also amplify volatility and weaken monetary sovereignty.

Stablecoin transaction volume rose to $7.2 trillion in February, exceeding the $6.8 trillion handled by the US Automated Clearing House network. The comparison uses a 30-day adjusted rolling USD volume that excludes MEV and intra-centralized exchange activity. Artemis data for March also put stablecoin volume at $7.5 trillion, matching ACH over the same 30-day window.

Ethereum saw a derivatives-led slide after President Donald Trump suggested the conflict with Iran could continue, with perpetual-market volume nearing $1B in one hour. Binance accounted for about $968M of the sell volume, while South Korea’s premium index flipped positive to around 0.6 and the Coinbase premium moved closer to neutral.

Ethereum is consolidating near $2,000 as volatility continues to contract and price action offers no clear direction. Analysts highlight nearby markers including the 200 EMA around $2,104, resistance at $2,300–$2,500, and potential downside levels such as $1,800, $1,750, and $1,537 if support weakens.

Circle said it will introduce cirBTC, a wrapped Bitcoin token backed 1:1 by BTC, aimed at institutional use cases such as OTC desks, market makers and lending protocols. Announced on Thursday, cirBTC is set to debut on Ethereum and also be made available via Circle's Arc layer-1 and Circle Mint platform.

Riot Platforms said it sold 3,778 Bitcoin in the first quarter at an average price of $76,626, generating $289.5 million in net proceeds. The miner also reported producing 1,473 BTC in Q1 and ending the quarter with 15,680 BTC, while a separate 500 BTC wallet outflow was flagged on Thursday. Other firms including MARA Holdings, Genius Group and Nakamoto Holdings disclosed combined sales of 15,501 BTC over the past week.