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Robinhood Derivatives Launches Prediction Market for Bitcoin's August Price

Guavy AI Editorial Team
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Roninhood Derivatives has launched a prediction market for the price of Bitcoin on August 31, 2026 at 6pm EDT. The contract allows users to predict whether the price will be above or below certain thresholds.

The predictions are based on the CF Benchmarks' Real Time Index (RTI), with 60 prices collected in the last minute before expiration. The final value is determined by the average of these prices.

The contract has multiple tiers, with different payouts for correct predictions. For example, if the price reaches $78,700 or above, users who predicted this will receive a payout of 76¢ per contract.

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