Gate News reported that on March 27, Yi Lihua published a post on platform X expressing his views on the current state of the cryptocurrency market. According to his perspective, the current cryptocurrency market is in a bear market and the war is not yet over, lacking significant rebounds. Yi Lihua stated that the performance of the cryptocurrency sector over the past four years has been disappointing, with the crypto middle class, retail investors, and VCs all being harvested, while exchanges, market makers, and project teams continue to extract funds. He pointed out that the current capital inflow in the market mainly comes from Wall Street ETFs, DAT, and a few believers, and that there has not yet been any disruptive innovation in the cryptocurrency sector.

Gate News reports that on March 27, according to Fox Business, a senior advisor at the White House stated that David Sacks will continue to serve as the head of the White House's artificial intelligence and cryptocurrency sectors, while also being appointed as the co-chair of the President's Council of Advisors on Science and Technology (PCAST). As of now, David Sacks's affiliated X account at the White House still shows the description as "White House A.I. & Crypto.

BlockBeats news, on March 27, Musk responded to the community on the X platform, stating that a significant update for Grok Imagine will be released next week. Combining Musk's earlier confirmation of an "epic" upgrade, the community analyzes that the "significant update" may involve longer video lengths, optimized multimodal inputs, or a new API, marking xAI's accelerated efforts to catch up with OpenAI and Google in the AI video competition.

Gate News reported that on March 27, Musk responded to the community on the X platform, stating that Grok Imagine will have a significant update next week. It is reported that Grok Imagine is a video generation tool built by xAI around the Grok chatbot.

Gate News reports that on March 27, The Information stated that SpaceX plans to submit an IPO application as early as this week, with market sources indicating they aim to raise up to $75 billion in the IPO. Additionally, sources familiar with the matter revealed that Elon Musk's X company is undergoing layoffs and restructuring, but specific details have not been disclosed.

ARK Invest Digital Asset Research Director Lorenzo Valente pointed out that the importance of Elon Musk recruiting former crypto wallet founder Benji Taylor as the chief designer for the X platform may be underestimated. His background could bring new directions for X, including wallets and on-chain payments.

Gate News reports that on March 26, Elon Musk's X platform lost a lawsuit alleging that advertisers boycotted the platform.

Gate News: On March 26, OpenClaw founder Peter Steinberger announced on X that Discrawl 0.2.0 has been officially released. The new version has been optimized for data synchronization speed. Peter Steinberger stated that the tool is now in daily use for analyzing OpenClaw.

BlockBeats News, March 26 — According to market reports, Elon Musk's X platform (formerly Twitter) lost a lawsuit alleging that advertisers boycotted the platform.

Greeks.live on the X platform pointed out that March 27 will mark the largest options expiration of Q1 2026, with about 40% of options expiring. The biggest pain point for BTC is $75,000, and put option trading volume is low. Volatility warning indicates that IV Crush is approaching, and short-term options buyers are at a disadvantage. Whales are rolling over positions on Deribit, building large positions in out-of-the-money call options for June and September.