Crypto
Bitcoin Price Predictions Go Mainstream with Robinhood's New Market
Rather than making predictions based on intuition or speculation, investors in Bitcoin can now bet on its price using a prediction market.
The market is offered by Robinhood and allows users to place bets on whether the price of BTC will reach specific levels at a particular time in the future. The current contract on offer predicts what the price of BTC will be on September 25, 2026, at 3 am EDT.
The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), with the official and final value being the average of 60 RTI prices collected at the last minute before expiration.