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THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

WHY WALL STREET MIGHT BE FALLING IN LOVE WITH BITCOIN

Fees, delays, and existential risks of crypto exchanges have led most of the investing public to remain on the sidelines with Bitcoin. However, the widely expected approval of numerous bitcoin Exchange Traded Funds (ETFs) in the coming days could change all that. ETFs are one of the world's most popular ways to invest. An ETF would make investing in bitcoin easy and relatively more safe. A bitcoin ETF could, in theory, push the price of bitcoin even higher over the coming weeks, months, and years.

2024 MAY BE A YEAR OF RECKONING FOR APPLE’S $85 BILLION SERVICES BUSINESS

Apple is facing a series of regulatory decisions by US and EU authorities that will determine its future. If Google loses its antitrust trial, it could be forced to stop making regular payments to Apple worth an estimated quarter of the annual revenues earned by Apple's services arm. Apple and other tech giants are being forced to change their app store policies to allow sideloading of apps. Both of these changes will have large impacts on Apple's revenue.

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