Robinhood Sets Bitcoin Price Thresholds for Contract Resolution
The Crypto Prediction Market on Robinhood is offering a contract that resolves on August 8, 2026, at 8pm EDT. The contract determines the outcome of whether the price of Bitcoin will reach certain thresholds.
There are multiple possible outcomes: if the BTC price reaches $55,100 or above by the specified time, those who own contracts for this event will receive a payout. If it reaches $64,300 or above, they also get paid. However, if the price hits $64,400 or above, contract holders are rewarded even more.
The contract is settled using the Real Time Index (RTI) from CF Benchmarks, which collects 60 prices at the last minute before expiration and calculates the average to determine the final value.