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$BNB

YZi Labs, the venture capital company founded by Binance co-founder Changpeng “CZ” Zhao, is ramping up its bet on prediction markets as one of its portfolio platforms posted an unusual spike in trading volume.
CZ took to X on Wednesday to welcome YZi-backed Predict.fun as a new prediction market launching on the BNB Chain.
“When you make a prediction, you funds don’t sit idle, they generate yield,” CZ wrote, adding: “This tweet is not endorsement.”
CZ’s post came a few weeks after Opinion, another prediction market backed by YZi, briefly outpaced trading volumes by major market players like Kalshi and Polymarket.
What is Opinion and why is it booming?
Opinion is a decentralized prediction market platform by Opinion Labs, a Hong Kong-based company founded in 2023 by Forrest Liu, according to data from Tracxn.com.
Announcing its first O.LAB Prediction Closed Beta Tradathon in 2024, Opinion Labs mentioned it was backed by YZi Labs, which at the time was still known as Binance Labs.
In March 2025, Opinion Labs secured $5 million in seed funding led by YZi and participated in by other investors such as Echo, Animoca Ventures, Manifold Trading and Amber Group.

The platform launched exclusively on BNB Chain in October, with CZ subsequently confirming that YZi holds a minority stake in the platform.
“We are just a minority investor, but we try to help with adding strategic value,” CZ reportedly said in a now-deleted post on X.
Opinion’s reported volume breaks records weeks after launch
Opinion was a lesser-known prediction market until recently, when it surged past established players such as Kalshi and Polymarket in trading activity.
Just four weeks after launch, Opinion’s weekly volume jumped to nearly $1.5 billion, compared with $1.2 billion on Kalshi and about $1 billion on Polymarket, according to data compiled by Dunedata on Dune Analytics.

Recording $1.5 billion in weekly volume, Opinion took 40% of the $3.7 billion market, breaking all previous prediction market records, including Polymarket’s November 2024 peak during the US presidential elections.
According to some market observers, Opinion’s trading volume spike is unusual, given how fast it broke the records.
“Opinion’s volume jump is extreme by any normal prediction market standard,” TEN Protocol co-founder Cais Manai told Cointelegraph.
“Platforms do not go from modest activity to chart-topping numbers overnight without serious fuel behind the scenes. The growth is too fast and too clean to be purely organic,” he said, adding:
“When you zoom in, the pattern looks more like engineered activity than a sudden mass onboarding […] A lot of the volume across prediction markets right now is inflated. Everyone sees it, even if nobody wants to say it outright.”
Prediction markets hit $13 billion record as Binance stays on the sidelines
The news comes amid a boom in prediction markets, which hit a new high in trading activity in November despite a downturn on broader crypto markets. According to Dunedata, cumulative trading volume on prediction markets surpassed $13 billion in November.
On Wednesday, Sports merchandiser Fanatics launched Fanatics Markets, its own prediction market, rolling out access to prediction markets in 24 US states, including California, Texas, Florida and Washington.
The trend has prompted major crypto platforms to enter the sector, with US exchange Coinbase launching a prediction market site backed by Kalshi in mid-November. In October, MetaMask partnered with Polymarket to enable users to trade predictions directly from its self-custodial wallet.
Related: Connecticut orders Robinhood, Crypto.com, Kalshi to stop prediction markets
Binance, the world’s largest crypto exchange by trading volume, has yet to announce plans for prediction markets, even as CZ-owned Trust Wallet yesterday launched Predictions, a new section aiming to unify multiple markets, starting with Myriad and eventually including Kalshi and Polymarket.
Cointelegraph reached out to Binance for comment on its prediction markets plans, but had not received a response by the time of publication.

$BTC
Crypto analyst Tony Severino has revealed a historical bearish pattern that could send the Bitcoin price to as low as $42,000. This bearish outlook for BTC comes amid a rebound for the flagship crypto, with a recent surge above the psychological $90,000 level. 
Bitcoin
Bitcoin Price Risks 50% Drop To $42,000 Based On This Pattern
In an X post, Severino stated that the Bitcoin price likes to retrace to subwave 3/4 of wave 3/4 of its impulse. Based on this, the analyst indicated that BTC could crash to as low as $42,000 on wave C of this move to the downside. His accompanying chart showed that this decline could happen sometime at the start of next year. 
This bearish Bitcoin price prediction comes amid BTC’s rebound above $90,000 following the end of quantitative tightening (QT) by the U.S. Federal Reserve. The flagship crypto has also rebounded amid optimism of another rate cut at this month’s FOMC meeting. CME FedWatch data shows there is almost a 90% chance that the Fed will lower rates again this month. 
However, despite these macro positives for the Bitcoin price, analysts such as Tony Severino have suggested that BTC is in a bear market and is likely to trend lower in the coming months. In an X post, he highlighted the BTC monthly chart, suggesting it showed a subtle volume breakout that confirmed a “not-so-subtle” trendline breakdown.
Meanwhile, market technician JT described statements that the QT ending is bullish for the Bitcoin price as being a “fallacy.” He alluded to the possibility that the Bank of Japan (BOJ) may hike rates this month as one of the stressors to liquidity beyond QT.
Peter Brandt Predicts Drop To Mid $40ks
In an X post, veteran trader and analyst Peter Brandt predicted that the Bitcoin price could drop to mid $40,000. He stated that the upper boundary of the lower green zone starts below $70,000 and that the lower support boundary is in the mid $40,000. Notably, Brandt had previously predicted that BTC could drop to around $50,000 before it then rallies to around $200,000 in the next bull market. 
The veteran analyst noted that there have been five major bull market cycles for the Bitcoin price since its inception. He further stated that in all previous cycles, the violation of the dominant parabolic advance has been followed by a 75% plus correction with no exception. As such, he expects BTC to undergo another significant correction in this cycle, potentially dropping below $50,000. 
At the time of writing, the Bitcoin price is trading at around $93,000, up almost 7% in the last 24 hours, according to data from CoinMarketCap.

Solana has been leading the major-cap crypto segment over the past 24 hours, jumping more than 10% to climb back above $140.$SOL
The move has renewed optimism among traders, with the rebound pushing SOL above a key downtrend level and signalling improved short-term momentum.
The broader backdrop, however, remains fragile. Market sentiment is still weighed down by uncertainty ahead of the Federal Reserve’s upcoming policy decision, and the latest bounce leaves open the question of whether Solana’s strength reflects genuine accumulation or a temporary relief move.
Solana rebounds above $140: can bulls push higher?
Altcoins have bounced alongside Bitcoin and other risk assets, with technicals showing a clearer improvement over the past 24 hours.
Solana has been one of the standouts. The token has surged more than 10% in the period, climbing to fresh highs above $142 after sliding to $123 earlier in the week.
The rebound puts SOL back on firmer footing in the near term, though the broader market tone remains a key driver of whether the momentum can hold.

SOL now trades above the resistance line of a multi-month falling wedge on the daily chart.
It’s the first time the top 10 crypto by market cap has broken above the trendline since October 30, 2025.
Both the MACD and Relative Strength Index are also flashing bullish signals.
The MACD line has crossed above the signal line with expanding green histogram bars.
Meanwhile, the RSI has climbed from the oversold line and is upsloping at 47 to signal a potential strengthening.
Short liquidations rose amid the price jump.
SolanaFloor@SolanaFloor·Followhttps://twitter.com/SolanaFloor/status/1996160162013622740
SOL LIQUIDATIONS: In the last 24 hours, nearly $60M in $SOL short positions were liquidated as SOL surged back above $140. Onchain liquidations via @Solana-based perps ($39M) surpassed those on CEXs, with only $19M liquidated on centralized exchanges.

3:40 pm · 3 Dec 2025https://help.twitter.com/en/twitter-for-websites-ads-info-and-privacy48ReplyCopy linkRead 7 replies
Immediate resistance sits in the $143–$155 zone, an area that acted as a key supply wall in July and a notable support area in August.
A decisive daily close above $160 mark, where the 50-day simple moving average currently sits, would invalidate the medium-term bearish structure.
Bulls managing an uptick will open the path toward $180 and potentially $200.
Solana price forecast: what analysts say about the market
Despite the sharp rebound, most institutional desks remain cautious. That’s because the broader cryptocurrency market continues to trade in an indecisive pattern while investors await clearer macro direction.
For example, while Bitcoin has stabilised in the mid-$90,000 region after a surge on Tuesday, open interest remains flat.
Analysts see this as a sign of consolidation rather than distribution or decisive accumulation.
In this case, altcoins, including Solana, are likely to take their cue from BTC in the near term.
Analysts at QCP Group say the upcoming Federal Reserve meeting could provide for a relief rally.
However, the upside appears capped until fresh catalysts emerge, the Singapore-based firm said in a note on Wednesday, December 3, 2025.
“$BTC stability feels fragile. With macro catalysts muted and Fed leadership uncertainty building, digital assets remain in pause mode until policymakers deliver the next decisive signal.”
With the market caught between the short-term technical optimism and medium-term macro caution, Solana’s 10% surge could be critical for bulls.
A move above $160 will likely strengthen if macro tailwinds align.
Bitcoin spiking to above $100,000 could also bolster traders. SOL’s ability to hold the $135–$138 zone is thus a key litmus test for bull credibility.