Crypto
Robinhood Sets Target Price of $63,000 or Above for BTC on August 14, 2026
A prediction market on Robinhood Derivatives has set a target price for Bitcoin (BTC) at $63,000 or above. According to the contract, if the price of BTC reaches or exceeds this threshold at 3am EDT on August 14, 2026, traders who predicted it correctly will receive $1 per contract owned.
The market uses CF Benchmarks' Real Time Index (RTI) as its pricing source. At the time of expiration, 60 RTI prices are collected and averaged to determine the final value. This process usually takes about an hour after event resolution.
It's worth noting that trading prohibitions apply to certain individuals, including those employed by Source Agencies or holding material non-public information on Bitcoin.