Coinbase Sets Up Prediction Market for Bitcoin's Price Target
A prediction market for Bitcoin's price has been set up on Coinbase, allowing users to trade contracts on the cryptocurrency's future value.
The market, which expires on September 8, 2026, has a target price of $78,128.63 and currently reflects a 65% chance that it will be reached.
Users can buy 'Yes' or 'No' contracts, with the former paying out $1 if Bitcoin reaches the target price and the latter paying out $0.