Kraken and Barstool Launch Win-a-Bitcoin BTC Pizza Day Price Prediction Contest
Kraken exchange, in collaboration with Barstool Sports, has announced the BTC Pizza Day Price Prediction Contest. Starting May 22, 2025, US residents (excluding ME, NY, WA) aged 18 and above can participate by predicting the price of 1 BTC (Bitcoin) in whole US dollars. Each participant gets a single entry during the contest period, which runs from May 22 at 9 a.m. ET to July 4 at 11:59 p.m. ET. The official BTC-USD price snapshot will be taken at 9:30 a.m. on July 28, 2025, Kraken’s 14th anniversary. The closest prediction wins one whole bitcoin (split in case of a tie). There is no purchase required to enter, but winners must have a Kraken account to claim the prize. This high-profile event, promoted by both Kraken and Barstool, aims to engage retail traders and crypto enthusiasts while providing an opportunity for participants to win a substantial bitcoin prize.
Neutral
While the Kraken and Barstool BTC Pizza Day Price Prediction Contest is likely to increase engagement and visibility for Bitcoin and the Kraken exchange, it does not have a direct impact on BTC’s price or overall crypto market dynamics. Such events mainly serve to generate publicity and user participation, which can add to short-term interest but rarely influence market trends, liquidity, or volatility significantly unless combined with other market-moving news. Historically, similar contests boost platform activity but do not result in notable bullish or bearish momentum.