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Coinbase Launches Prediction Market for NBA Game

Guavy AI Editorial Team
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Coinbase has introduced a new prediction market for users to bet on future events. The market is focused on the outcome of the Golden State vs Dallas basketball game, with users able to place bets on whether the Golden State team will win.

The market allows users to buy 'Yes' contracts if they think the Golden State team will win, or 'No' contracts if they believe the other team will win. The price of each contract reflects the market's odds, with a $0.65 price indicating a 65% chance of the event happening.

The market will close and expire when an outcome occurs, or on October 1, 2026 at 4:03 AM GMT+0. Trading is prohibited for current players, coaches, and staff of the league, association, or organization governing the event, as well as their household members and immediate family.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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