Kalshi introduces prediction contracts for Bitcoin and Ether prices, offering bets on various price scenarios. Clients can wager on events like Bitcoin reaching $100,000 and Ether's annual and daily prices.
The United States-based prediction market Kalshi is gearing up to introduce bets on the price movements of major cryptocurrencies Bitcoin (BTC) and Ether (ETH).
As per information available on its website, Kalshi is set to launch prediction contracts for its clients, allowing them to speculate on the price actions of Bitcoin and Ether.
Currently, Kalshi’s “Crypto” section on its website provides clients with the opportunity to place bets on at least three Bitcoin contracts, one of which is based on when Bitcoin will reach $100,000.
These contracts offer various monthly markets, with the nearest one predicting Bitcoin's value will hit $100,000 by March 28. The furthest available bet is for December 31, 2024.
Other available contracts include predictions on Bitcoin's peak price in 2024 and its daily price fluctuations. The annual price prediction contract offers five options ranging from $75,000 to $150,000. The daily prediction contract spans 15 markets, starting from $66,750 and ending at $70,250.