Binance Alpha will open its airdrop claim function at 21:00 UTC+8 on Dec. 3, BlockBeats reports. Users holding at least 242 Alpha points can claim tokens on a first-come, first-served basis. The claim window will remain active until the airdrop pool is fully distributed or the campaign concludes.

Address 0xFC78 erased over $1.78 million in accumulated profits and lost an additional $117,000 in principal across two consecutive losing trades, on-chain data show. The trader then opened new short positions totaling approximately $33.4 million: 200 BTC ($18.75 million) with 30x leverage and 5,000 ETH ($15.26 million) with 20x leverage, lookonchain reported on December 3. Liquidation prices are set at $94,721.61 for BTC and $3,229.41 for ETH.

Bitcoin briefly surpassed $91,000 on Dec. 3 after former White House economic advisor Kevin Hassett emerged as a potential Federal Reserve chair nominee, Trump said at a cabinet meeting. U.S. tech stocks rose alongside the cryptocurrency on market expectations that a Fed leadership change in June could accelerate monetary easing. A BiyaPay analyst noted sustained easing expectations—driven by peak interest rates and improving liquidity—could benefit technology and crypto assets, though volatility may rise if employment or inflation data disappoint.

Strategy is engaging with MSCI regarding potential exclusion from its indices, with a decision expected on Jan. 15, Michael Saylor said. The company is currently a constituent of the MSCI USA and MSCI World indices, with a portion of its market cap linked to benchmarks through passive instruments such as ETFs. A JPMorgan report from last month indicated that if other index providers follow suit with exclusion, it could trigger outflows of up to $8.8 billion. Strategy's stock has declined over 37% this year, which Saylor attributed to the company's leveraged exposure to Bitcoin, noting that "if Bitcoin drops 30%, 40%, the stock will fall more because the equity itself is leveraged."

Bitcoin traded around $90,000 on Dec. 3 after rebounding 5% from $86,000 earlier in the week, QCP Capital said in its daily market note. Futures markets have priced in a 90% probability of a 25 basis point rate cut at next week's FOMC meeting, which will lack new CPI or NFP data. Prediction markets show approximately 85% odds of Kevin Hassett becoming the next Fed Chair, with confirmation expected in early 2025 as current Chair Powell's term ends in May. MicroStrategy raised approximately $1.4 billion through equity issuance over the weekend, extending its operational runway to about 21 months while lifting its mNAV to roughly 1.14, QCP noted.

Centralized exchanges recorded a net outflow of 184,500 ETH on Dec. 3, Coinglass data show. Binance led withdrawals with 90,000 ETH, followed by Kraken at 79,400 ETH and OKX at 17,100 ETH. Bybit recorded the largest inflow with 4,622.07 ETH.

Ethereum short positions worth $542 million across major centralized exchanges face liquidation if the price breaks above $3,150, Coinglass data showed on Dec. 3. Long positions totaling $946 million would be liquidated if ETH falls below $2,950. The liquidation chart reflects relative intensity of liquidation clusters rather than exact contract volumes, with higher bars indicating stronger potential market reactions when price reaches specific levels.

Crypto exchange-traded product issuer 21Shares launched two new ETPs on Dec. 3, offering exposure to decentralized finance infrastructure: the 21Shares Ethena ETP (ticker: EENA) and 21Shares Morpho ETP (ticker: MORPH). Both products are now trading on SIX Swiss Exchange, Euronext Amsterdam, and Euronext Paris, with USD and EUR denominations available.

Bitcoin held support at $89,923 following a strong rally on Dec. 2, on-chain analyst Murphy said. The 4-hour chart deviated significantly from the standard line at $89,923, with price reaching the fourth expected level and making further aggressive gains difficult. The daily chart remains below a bearish trendline but is approaching $93,958, where a breakout could reverse momentum with targets at $95,604 and $99,108.