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Apple Lifts Crypto App Store Restrictions: A Game-Changer for Bitcoin and Crypto Adoption
Apple has quietly implemented a significant change in its App Store policy regarding cryptocurrencies, following a U.S. court order in the ongoing legal battle with Epic Games. The judge ruled that Apple can no longer collect fees on purchases made outside of iOS apps or restrict how developers direct users to make purchases outside of apps. This order is currently only in force in the United States, and Apple has stated its intention to appeal.
In response, Apple notified iOS developers that "apps on the U.S. storefront are [no longer] prohibited from including buttons, external links, or other calls to action when allowing users to browse [crypto-based non-fungible token] NFT collections owned by others." The company further clarified that "the prohibition on encouraging users to use a purchasing method other than in-app purchase does not apply on the U.S. storefront."
This policy shift is expected to have a profound impact on the crypto industry. Phil Kwok, cofounder of the crypto education and rewards app EasyA, commented, “This is big. I can’t tell you the number of times our app’s been flagged for compliance … simply because we mention crypto. This will pave the way for a flood of blockchain adoption.”
“The loosened restrictions could trigger a ‘generational golden consumer crypto bull run,’” said Wojciech Kulikowski, a software engineer at Farcaster, adding that it “will allow for more experimentation with crypto-native mobile apps that were previously often blocked from Apple [iOS].”
Developers can now accept crypto payments directly, bypassing the traditional 30% Apple fee. This is seen as a major step forward for mobile wallet integration, enabling users to spend cryptocurrencies like USDC, ETH, and SOL without incurring extra fees.
- Apple’s new policy applies only to the U.S. App Store for now.
- Developers can include external links and calls to action for crypto purchases.
- Crypto industry experts predict a surge in blockchain and crypto adoption as a result.
Infobox: According to Forbes, Apple’s policy change is expected to unleash a “flood” of bitcoin and crypto adoption, with the potential to trigger a new consumer crypto bull run.
Bitcoin, Ethereum, and Ripple: Price Movements and Technical Outlook
Bitcoin (BTC) has extended its gains, trading above $97,000 after breaking the key resistance level of $95,000. The price reached a high of $97,400 and is consolidating around $97,000. If BTC maintains its upward momentum and closes above the daily resistance at $97,700, it could retest the psychological resistance at $100,000. The Relative Strength Index (RSI) on the daily chart is at 70, indicating overbought conditions and the possibility of a pullback, though a continued rally is also possible if the RSI remains elevated.
Ethereum (ETH) is nearing its upper consolidation boundary at $1,861. A breakout and close above this level could extend the rally to retest the $2,000 mark. The RSI for ETH stands at 58, suggesting bullish momentum. Conversely, a decline below $1,700 could see ETH retest support at $1,449.
Ripple (XRP) has found support around its 50-day EMA at $2.20. If this support holds, XRP could rally to retest its March 24 high of $2.50 and potentially reach $3.00. The RSI for XRP is at 54, indicating continued bullish momentum. However, failure to hold $2.20 could lead to a decline toward the next support at $1.96.
Asset | Current Price | Key Resistance | Key Support | RSI |
---|---|---|---|---|
Bitcoin (BTC) | $97,000 | $97,700 / $100,000 | $95,000 | 70 |
Ethereum (ETH) | ~$1,861 | $1,861 / $2,000 | $1,700 / $1,449 | 58 |
Ripple (XRP) | $2.20 | $2.50 / $3.00 | $1.96 | 54 |
- Bitcoin is poised for a potential move to $100,000 if resistance is broken.
- Ethereum’s bullish momentum could see it test $2,000 if $1,861 is surpassed.
- XRP’s support at $2.20 is crucial for further gains toward $2.50 and $3.00.
Infobox: FXStreet reports that Bitcoin, Ethereum, and Ripple are all showing bullish technical signals, with key resistance and support levels in focus for the next price moves.
Crypto Market Regains Bullish Momentum Amid Economic Shifts and Institutional Inflows
The global crypto market has shown a strong positive trend, with total market capitalization increasing by $300 billion. Bitcoin has notably surpassed Google’s market capitalization, highlighting its growing influence in the financial sector. The rally is supported by changing economic factors and increased institutional buying.
On-chain metrics have improved, further supporting the bullish momentum. Among the top gainers during the week, Virtuals Protocol rose by 98.02%, Monero by 21.8%, and Bonk by 13.94%. On the other hand, Ethena declined by 16.8%, Ondo by 11.15%, and Celestia by 10.1%.
Top 3 Gainers | Weekly Change |
---|---|
Virtuals Protocol | +98.02% |
Monero | +21.8% |
Bonk | +13.94% |
Top 3 Losers | Weekly Change |
---|---|
Ethena | -16.8% |
Ondo | -11.15% |
Celestia | -10.1% |
- Market capitalization increased by $300 billion.
- Bitcoin’s market cap now exceeds that of Google.
- Institutional inflows and improved on-chain metrics are driving the rally.
Infobox: The Economic Times highlights that the crypto market’s bullish momentum is underpinned by economic shifts and strong institutional participation, with Bitcoin leading the charge.
Sources:
- ‘This Is Big’—Apple Just Quietly Confirmed A ‘Huge’ Bitcoin And Crypto Price Game-Changer
- Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC hits $97,000, ETH tests resistance, and XRP holds support
- Is Bitcoin's Rebound Just the Beginning?
- Crypto market regains bullish momentum amid economic shifts and institutional inflows
- CME Group Crypto Derivatives Volume Soars 129% in April With ETH Leading the Charge
- Crypto Mortgages Are the New Way To Buy Second Homes
- Vitalik wants to make Ethereum ‘as simple as Bitcoin’ in 5 years
- Kevin O’Leary: Institutions Won’t Touch Ethereum—Bitcoin Is Their Only Play
- Once A Leader, Now A Liability? Ethereum Declines In A Changing Market
- Bitcoin, Ethereum, XRP Price Prediction: Bull Run Incoming?
- Vitalik Buterin's Simplifying the L1 Call: Will Ethereum (ETH) Soar Past $8k by Q4?
- Ethereum’s Path To $4,000: Can It Overcome Critical Barriers?
- Best Altcoins to Buy as Institutional Bitcoin Buying Set to Outpace Retail
- Bitcoin dominance soars above 64%: altcoins face uphill battle
- Best Altcoins Set to Explode as Cannes Embraces Crypto Payments in 90% of Shops
- 3 New Altcoins to Watch for Binance Listing in May
- Altcoin Rally May Have Legs if Bitcoin Stays Strong and Crypto ETF Hype Persists – But There’s a Catch: Santiment
- Regulated exchanges hold the key to unlocking the altcoin season
- Price predictions 5/2: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
- Bitcoin analysts predict price to skyrocket up to 8X by end of 2025
- Bitcoin Price Prediction 2030: Will BTC Reach $500K?
- Bitcoin Price Prediction: 3 Charts Explaining the Coming BTC Surge
- Critical Bitcoin (BTC) Move Incoming, XRP's Volatility Explosion Coming, Is Ethereum's (ETH) Recovery Real Right Now?
- Ethereum's Exchange Supply Drops To New Lows As ETH's Price Closes Another Bearish Month |
- ETH is about to skyrocket? SIX MINING helps you earn passive income every day
- LETTERS | Save our digital archive. UnXeptable, for and against. Etc.
- Grayscale Ethereum Classic Trust (ETC) SEC 10-Q Report
- Local elections 2025 summary
- Firm Cancels Toll Payments Following ETC System Malfunction in Japan; Refunds, Unpaid Tolls Expected to Total ¥1.2 Bil.
- ETC in Brief: 05/02/2025
- Saga Pure ASA’s Mandatory Offer for S.D. Standard ETC Plc Shares
- Microsoft Beats Apple to Become Largest U.S. Company by Market Cap
- Stablecoin Market Cap Reaches All-Time High Amid Widespread Crypto Growth
- Here’s How Much Shiba Inu You Need to Retire Early If SHIB Hits $1T Market Cap
- Microsoft Overtakes Apple in Market Value Amid AI and Cloud Growth
- Stablecoin Market Cap Reaches All-Time High Of $220 Billion In May
- Stablecoin Market Cap Surge Signals Potential Bitcoin and Altcoin Rally: Crypto Rover Analysis