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Mohammad asif 62
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$BTC recent US court ruling, Apple has updated its App Store guidelines concerning cryptocurrency applications. Developers are now permitted to include external links within their apps, directing users to NFT collections and crypto payment systems outside of Apple's in-app purchase mechanism. This policy change means users can bypass Apple's fees for crypto transactions. While the updated guidelines appear to be a reluctant concession, this development is considered a significant victory for the cryptocurrency industry, potentially accelerating the adoption of Web3 technologies on iOS devices.
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#AppleCryptoUpdate price faces resistance as funding rates flip positive Bitcoin’s price is approaching major resistance zones while funding rates flip increasingly positive—an indication that long exposure is building up. But is this bullish pressure sustainable, or a sign of overheating? Bitcoin’s Bitcoin BTC -0.54% Bitcoin current price movement is testing a key area of resistance following a powerful rally, largely driven by a short squeeze. Now hovering just below $98,000, BTC is encountering strong supply at the confluence of the descending trendline, the 0.618 Fibonacci level, and the point of control from previous trading ranges. At the same time, funding rates across major exchanges have turned positive, creating an important dynamic between derivatives and spot price action. Key technical points Current Price: Bitcoin trades near $96,250 –$97,800, facing multiple resistance confluences. Funding Rates: Positive across major exchanges, reflecting increased long positions in perpetual futures. Price Structure: The short squeeze has lifted BTC into a range with previous bearish order blocks. To better understand how this affects price action, it’s important to know what funding rates are. In perpetual futures markets, used heavily in crypto,funding is a periodic payment made between traders based on the difference between the futures and spot price. 🌹Follow us for more crypto news 📢 Buy & Trade Here 👇 $BTC BTC 96161 -0.66% $XRP XRPUSDT Perp 2.1956 -0.7% $SOL SOLUSDT Perp 147.45 -1.72% #AppleCryptoUpdate #SaylorBTCPurchase #BTCRebound #Trump100Days #BinanceHODLerSTO
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