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Crypto

Robinhood Launches Prediction Market on Ethereum's August Price Target

Guavy AI Editorial Team
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ETH
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Retail trading platform Robinhood has launched a prediction market on its derivatives platform. The contract is for Ethereum's price at a specific point in time - August 20, 2026, at 7pm EDT.

The predicted prices range from $2,285 to $2,335 per ETH. The final value will be the average of 60 Real Time Index (RTI) prices collected just before expiration.

Risk warnings are included in the contract terms and conditions, emphasizing that futures and options trading is not suitable for everyone and may involve significant risk.

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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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