Roninhood's BTC Price Prediction Market Sets Sights on September 30 Deadline
Roninhood's prediction market is making waves in the crypto space by allowing users to bet on the price of Bitcoin (BTC) on a specific date. According to the platform, users can purchase contracts that predict whether the BTC price will be above $83,300 or below at 9pm EDT on September 30, 2026.
The prediction market uses data from CF Benchmarks' Real Time Index (RTI) to determine the final value of the contract. The platform collects 60 RTI prices at the last minute before expiration and calculates an average price, which serves as the official and final value.
Users can purchase contracts for a fee, with prices ranging from $80 to $83,500 or above. However, there are some restrictions on who can participate in the market, including individuals employed by certain agencies and those holding material non-public information on Bitcoin.