Odaily Planet Daily reports that Tally, a DAO infrastructure provider, has announced it is ceasing operations. The platform had been running for six years. CEO Dennison Bertram stated that the strict regulatory environment under the Biden administration, when SEC Chairman Gary Gensler was in charge, had previously encouraged projects to use DAOs for decentralized governance to reduce legal risks. However, the current more relaxed regulatory environment has made DAO governance less necessary, thus reducing the demand for governance tools. (CoinDesk)

According to Arkham's monitoring, Grayscale transferred a total of 6,511 ETH, worth approximately $15.08 million, to a Coinbase Prime address about an hour ago.

According to Odaily Planet Daily, recent inflation and employment data have been moderate, leaving the Federal Reserve with no immediate urgency to cut interest rates. Analysts believe the timing of any rate cut by the Fed remains a "black box." Meanwhile, the Iraq War has pushed up energy prices, exacerbating the risk of a short-term inflation rebound and increasing uncertainty about the future inflation path. This further complicates the Fed's decision-making, making it certain that interest rates will remain unchanged. Market focus has shifted to the scope and timing of rate cuts. However, energy disruptions introduce new variables into the economic outlook, and internal disagreements within the Fed may affect the easing path this year. (Jinshi)

Robinhood (NASDAQ: HOOD) has completed its first public investments in its newly launched Robinhood Ventures Fund I (RVI), acquiring stakes in Stripe and ElevenLabs. According to disclosures, RVI completed transactions in March including approximately $14.6 million in Stripe shares (purchased from existing holders through a secondary market transaction) and a $20 million investment in London-based AI company ElevenLabs (direct investment in the company through a primary funding round). The fund began trading on the New York Stock Exchange on March 6th, allowing retail investors to participate like ordinary shareholders, accessing private opportunities traditionally reserved for institutional investors and high-net-worth individuals. Its current portfolio includes companies such as Databricks, Revolut, Ramp, and Ora, and is expected to expand further. This investment signifies Robinhood's continued expansion into the fintech and AI private market, providing early access for retail investors before a potential IPO. (CoinDesk)

According to Huoxun Finance on March 17th, based on Bybit data, US stocks opened with the Dow Jones Industrial Average up 0.86%, the Nasdaq Composite up 0.52%, and the S&P 500 up 0.60%. Cryptocurrency stocks generally rose, with COIN (Coinbase) up 0.01% and HOOD (Robinhood) up 1.11%.