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Coinbase Launches Prediction Market for New York Gas Prices

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Coinbase has introduced a new prediction market for New York gas prices on September 6, 2026. The market allows users to trade contracts on whether gas prices will be above or below a certain threshold, with payouts of up to $370 per contract.

The market is currently in its infancy, with no volume detected yet. However, the interest in this contract has already exceeded $21,783.62.

According to Coinbase's rules, the market will close and expire when an outcome occurs, or on September 6, 2026, at 3:59 AM GMT+0 if no outcome is reached.

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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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