Japan plans to build a blockchain-based real-time settlement system covering stock and government bond transactions.

According to on-chain data, the NVIDIA (NVDA) perpetual contract launched by Trade.xyz on Hyperliquid hit a record high daily trading volume of $2.14 billion on its first anniversary. The contract went live on November 12, 2025, initially supporting up to 10x leverage. As of now, its year-to-date cumulative trading volume has exceeded $19 billion.

Beating AI News Flash: Google has launched Gemini 4 Hydrogen, succeeding the previous Gemini 3.8 Flash, targeting daily programming and AI agent tasks. In Artificial Analysis’ latest comprehensive intelligence index, Hydrogen scores 51 points in its default high reasoning mode, surpassing the prior flagship Argon’s 50 points. Switching to maximum reasoning mode lifts the score to 54 points, though processing time increases significantly. Per Google’s internal testing, Hydrogen completes tasks 2.5 times faster than the 3.8 Flash. In the Terminal-Bench 4.1 programming benchmark, its score jumps from 18.2% (the previous generation’s result) to 57%, yet it still trails Claude Sonnet 5.5’s 63.9%. Google also added an Orchestrator function to Antigravity, which automatically switches models within a single task. For instance, it can assign Carbon to handle complex architecture design and challenging problems, then pass the work to Hydrogen for coding and test runs. Google’s tests found this combination delivers success rates nearly matching Carbon’s standalone performance, while cutting usage quota by 24% and boosting task completion speed by 19%. Hydrogen is now available to users of Gemini apps, Google Search, and AI Studio, while the Antigravity Orchestrator feature is exclusive to Pro and Ultra subscribers. API pricing stands at $1.5 per million input tokens and $7.5 per million output tokens—twice the current promotional rate of the 3.8 Flash.

According to HTX market data, Bitcoin has fallen below $71,000, hitting its lowest level since September, and is currently trading at $70,902, with a 4.27% decline in the past 24 hours.

According to Coinglass data, if Bitcoin falls below $70,000, the cumulative long liquidation intensity on major centralized exchanges (CEXs) will reach $622 million. Conversely, if Bitcoin breaks through $73,000, the cumulative short liquidation intensity on major CEXs will hit $838 million. BlockBeats Note: Liquidation charts do not display the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., intensity. Therefore, the chart shows the degree of market impact when the underlying asset’s price reaches a certain level. A higher "liquidation bar" indicates that once the price hits that level, it will trigger a more intense reaction driven by liquidity waves.

According to a report from The New York Times, two sources familiar with the matter disclosed that ahead of Jensen Huang’s resignation as CEO of NVIDIA (NVDA.O), U.S. President Donald Trump called him on Tuesday, urging him to retain his role. The call marks the latest instance of Trump’s support for Huang. Huang has emerged as a prominent ally of Trump’s circle and a highly influential advisor to the U.S. president on artificial intelligence.

According to a Bloomberg report, insiders familiar with the matter said prediction market platform Kalshi is in discussions with investors for a new funding round just weeks after closing a financing round at a $40 billion valuation, with a target valuation of $65 billion. The sources added that the previous round, announced by Kalshi in late October, was initially expected to be its final financing round ahead of an initial public offering (IPO), but the company later opted to continue raising capital via private markets. The source requested anonymity because the financing negotiations are not public.