Kalshi is in talks for a new round of financing at a $65 billion valuation.

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.

Tom Lee, chairman of Ethereum treasury firm Bitmine, posted that the departure of a founder and CEO is a major test for any company, but he remains optimistic that NVIDIA will continue to lead the industry. NVIDIA has significant technological advantages in chip design, supply chain control, and the CUDA ecosystem—these core competencies will not disappear due to management changes. Additionally, the company boasts a deep pool of engineering talent; if Jensen Huang were the sole core figure in chip and architecture design, the company would face far greater risks. NVIDIA has a strong employee stock ownership culture: around 80% of its employees hold stock assets worth $1 million, and 50% hold stock valued at over $25 million. This means employees are deeply aligned with the company’s long-term growth, giving them strong incentives to sustain its industry leadership. Meanwhile, NVIDIA’s current price-to-earnings (P/E) ratio is attractive, and its robust free cash flow allows the company to support its stock price through share repurchases. Jensen Huang’s departure may trigger market volatility in the short term, as many investors will view it as a negative event. However, based on a forward P/E ratio of around 10x, NVIDIA is currently the most attractive AI sector stock in terms of risk-reward ratio. Tom Lee advises investors to buy on dips, stressing that NVIDIA will remain one of the world’s most important companies in the future. He also expressed regret over Jensen Huang’s departure, adding that he believes Huang will continue to create excellent products.

According to Politico, the chair of the U.S. Senate Committee on Finance has subpoenaed Jensen Huang and Commerce Secretary Lutnick to testify regarding the NVIDIA controversy.