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The approval of Bitcoin ETFs serves as a form of mainstream validation, but longtime Bitcoiner Paul Sztorc says the ecosystem still needs to think carefully about scaling.

Settlements are the “most common” way the SEC resolves enforcement actions, but this stops defendants from speaking out, says Hester Peirce.

The firm’s CEO, Chris Amani, says bankruptcy protections could help appeal the suit brought against it by the SEC, effectively eliminating “the single largest claim against it.”

One XRP price metric hints at a 50%-plus price decline for the cryptocurrency in the coming months.

BERKELEY, Calif. — SAP SE (NYSE: SAP) today announced it will collaborate with the Sky Computing Lab at the University of California (UC), Berkeley to support the university’s cutting-edge research on interconnected cloud technology in the context of artificial intelligence (AI).

UC Berkeley’s insights will help accelerate SAP’s AI strategy aiming to build hundreds of applications.

Learn how you can benefit from AI built into your core business processes Explore now

“There’s no technology advancing faster than AI,” SAP Chief AI Officer Philipp Herzig said. “While the progress on foundation models is impressive, there is a lot to learn and shape on the AI stack on top, in particular for designing and scaling distributed cloud applications in multi-cloud environments or to build AI agents in combination with large language models. The Sky Computing Lab at UC Berkeley conducts very relevant research in this field, and the frameworks that are being built look very promising.”

Generative AI is a transformative force that is changing how people work, communicate and learn. As AI applications become increasingly sophisticated, efficient handling of large workloads becomes critical.

UC Berkeley’s research activities focus on enabling users to run large language model applications and general AI workloads seamlessly on any cloud, substantially reducing cloud costs, tapping into best-in-class hardware on different clouds and enjoying higher resource availability, according to Ion Stoica, director of the Sky Computing Lab at UC Berkeley.

The interconnection of clouds aims to create a distributed network, giving users access to a vast pool of computing power. This agility is crucial for dynamically allocating and scaling computational capabilities based on specific AI task requirements, ensuring optimal efficiency and cost-effectiveness for users. As the computational demands of AI continue to evolve, this approach ensures not only the scalability and efficiency of AI tasks but also lays the groundwork for an innovative and interoperable future in artificial intelligence.

Through this collaboration with the Sky Computing Lab at UC Berkeley, SAP aims to advance knowledge in artificial intelligence. Besides AI-specific expertise, SAP will support graduate students through scholarships and internships.

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This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ.  Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2022 Annual Report on Form 20-F.
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SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

Bitcoin traders are pulling support from beneath the spot price now that $43,000 has been cleared, BTC price analysis shows.

Nic Carter says he has “no regrets” about losing a hard drive with $10 million in DOGE, nor about upsetting Bitcoin Maxis: X Hall of Flame.

Grayscale has a “massive” head start, but will the Wall Street firms like BlackRock and Fidelity soon overtake GBTC?

WALLDORF — SAP SE (NYSE: SAP) today announced a comprehensive set of resources, services, and financial incentives to help every customer move to the cloud and maintain the pace and level of innovation that cloud enables.

RISE with SAP: A complete offering to empower you to thrive in the cloud Learn more

The RISE with SAP Migration and Modernization program addresses two primary issues businesses face when moving to the cloud – scope and cost. It gives leaders confidence to take even the most complex ERP systems to the cloud by helping to eliminate custom code, data silos and process complexity.

“Every company needs a cloud-first business strategy,” said Eric van Rossum, chief marketing officer for cloud ERP, SAP. “It’s more important than ever for customers to start their migration and modernization journey, so they can harness the potential of the latest cloud innovations, including AI and sustainability solutions.”

The RISE with SAP Migration and Modernization program helps customers become and remain innovation-ready to benefit from ongoing updates and new innovations. Once customers are operating in the cloud, SAP takes the burden of management to build reliability, strengthen security and compliance and unlock the power of business data.  Regardless of whether businesses today run on SAP ERP Central Component (SAP ECC) or SAP S/4HANA, the program’s self-guided digital experience and assisted services offer a path from preparation through go-live. The program also introduces a set of new services and incentives to help customers in their move to the RISE with SAP solution.

“With the current announcement, SAP is making it clear that it is aware of the complexity of the challenges that customers face when transitioning to the cloud. At the same time, their previous investments in existing systems are being recognized,” explained Christine Grimm from the DSAG Executive Board. “By expanding the RISE with SAP offering to include financial incentives and support, SAP is reaffirming its promise to actively support customers on their journey to the cloud and thus make the transition easier. At DSAG, we appreciate this initiative and the willingness shown by SAP. The aim must be to further improve and expand this offering in collaboration with SAP in order to take into account the complex requirements and challenges of our members who are deciding in favor of a transformation process to the cloud. In doing so, we want to ensure that they benefit fully from the extended possibilities and innovations of the RISE with SAP offering.”

Offsetting Migration and Transformation Costs with Incentives

To recognize the investment made by SAP customers and to help offset the cost of migration and transformation, SAP is announcing a limited-time offer that may reduce the cost of migration up to 50% and shorten the time to value. Through the end of 2024, when moving to the RISE with SAP or GROW with SAP solution, SAP S/4HANA and SAP ECC customers will have access to credits that can be applied to offset the cost of maintenance, cloud services or cloud subscription. This incentive will include SAP S/4HANA Cloud and line-of-business solutions such as supply chain, human resources, spend management, CRM, business transformation tools and the business technology platform for extensibility.

RISE with SAP Methodology Provides Consistency and Quality

To drive predictable timelines for projects, all implementations – both through SAP and our partner ecosystem – will follow the RISE with SAP Methodology. It will provide project progress transparency, with key milestone checks. It is supported by SAP services and specialists who confirm the methodology is applied from discovery through go-live to get customers innovation ready. SAP is training and validating partners to use the RISE with SAP Methodology and will collaborate closely with these partners to provide consistency and quality.

Introducing the SAP S/4HANA Cloud Safekeeper service

For customers who need more time to complete their full migration, we are introducing the SAP S/4HANA Cloud Safekeeper service. It is designed for customers using RISE with SAP that enter customer-specific maintenance for older releases of SAP S/4HANA. With SAP S/4HANA Cloud Safekeeper, customers may get their systems ready to upgrade to the latest version of SAP S/4HANA. It includes upgrade services and infrastructure optimization while providing business continuity for the customers’ current system with updates and patches for two more years.

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About SAP

SAP’s strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 26 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.

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This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2022 Annual Report on Form 20-F.
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An exception will be made for Tier 1 and Tier 2 Coinbase Exchange Liquidity Program members.

Bitcoin ETFs — including GBTC — may soon begin to record net inflows, data suggests, as exchanges' BTC balances revert to their downtrend.

Outflows from Grayscale’s Bitcoin fund slowed for the fifth day in a row, while Fidelity’s spot Bitcoin ETF saw one of its stronger inflow days since launch.

The first Neuralink product will be called “Telepathy,” according to Musk, allowing users to control digital devices using only their thoughts.

Switzerland and Germany were hit hardest during the most recent trading week but Canada has by far the largest outflows over the month, CoinShares’ data shows.

Bitcoin mining is often sold as a danger to the environment, but what if BTC could be a tool to enhance the transition to renewable energies?

Many SAP Business Warehouse (SAP BW) customers are seeking to leverage cloud-based solutions but want to ensure that their previous investments are safeguarded. While the benefits of modernizing to the cloud are clear, customers need a flexible path that builds upon their existing technology and talent. 

SAP Datasphere can offer that path. Its native connectivity to SAP BW means customers can reuse up to 80% of existing SAP BW content, retaining value while adding cloud speed, scale, and interoperability and avoiding costly and unnecessary rework. 

Delivering meaningful data to every data professional requires a comprehensive cloud data service. With SAP Datasphere, organizations can:  

• Access authoritative data, accelerating time-to-value by automatically reusing the semantical definitions and associations from SAP applications.  
• Enrich all data projects, harmonizing heterogeneous data into a business semantic model of their diverse data landscapes.   
• Simplify the data landscape, accessing all their data across hybrid and cloud environments no matter where it resides. 

SAP has also partnered with an open data ecosystem of leading technology vendors to provide tailored integration between SAP Datasphere and their solutions. The first set of industry-leading data and AI vendors includes Collibra, Confluent, Databricks, DataRobot, and Google Cloud. By closely integrating their data and AI platforms with SAP Datasphere, organizations can access their mission-critical business data across any cloud infrastructure. 

Transition to a modern business data fabric at your pace with SAP Datasphere Learn more Flexible Paths to the Cloud  

Many SAP BW users have always-on projects that depend on SAP BW data and objects, which requires flexibility in modernizing to the cloud.  

SAP offers flexible paths. Whether you’re moving directly or integrating SAP Datasphere as part of your data landscape to enhance your SAP BW deployment, there’s a strategy:  

• Gradually transition functionality over time using SAP Datasphere, SAP BW bridge to reuse and integrate SAP BW objects. 
• Leverage SAP BW data ingestion and staging to accelerate the move or, for SAP Business Suite customers without SAP BW, move directly to SAP Datasphere. 
• In some cases, migrate SAP BW systems to SAP Datasphere for a complete transition. 
• Modernize with a combination of SAP Datasphere and SAP HANA Cloud to benefit from the capabilities of both solutions. SAP Datasphere can provide the foundation for a business data fabric, while SAP HANA Cloud enables the development of intelligent data applications.   

The goal is to provide options to fit each customer’s unique environment and timeline. With the right approach, the move to SAP Datasphere can be straightforward while optimizing previous investments. 

Our experienced SAP partners understand the importance of flexible paths. They work with our customers to outline customized modernization paths that can safeguard their technology and fit their goals.

“We are excited to help SAP BW customers experience the power of SAP Datasphere. We’ve already seen multiple customers take this modernization approach and it’s the ideal modernization path to protect the customer’s existing SAP BW investments.”

Deepu Sasidharan, Vice President, Analytics, Applexus

No matter which path a customer takes, they can always progress to SAP Datasphere. Technically, this can be achieved with the support of SAP Datasphere, SAP BW bridge and modernization tools. That’s why customers like Nipro chose SAP Datasphere.

“SAP Datasphere, SAP BW bridge is a complete game changer. The cloud architecture allows us to simplify our landscape. We are also seeing significant improvements in our performance.”

Iaroslav Korzh, SAP Technology Manager, Nipro Europe Group Companies  New Professional Readiness Assessment 

Whether you’re starting fresh or modernizing an existing system, having a solid plan is key for a successful move to the cloud. 

SAP is now offering a limited-time, complimentary SAP BW system assessment to help you optimize your transition to SAP Datasphere. Through this assessment, you can gain insight into your SAP BW environment and learn which objects are active and frequently used and whether they can be migrated.  

This assessment helps deliver a reliable basis for an actionable modernization plan. With the right information, you can modernize on your terms. Get started today by applying for your complimentary assessment. 

Get Started  

Visit our Web site for the latest modernization tools, including our getting started guide, technical deep dive webinar series, and professional readiness assessment. 

SAP BW customers moving to SAP Datasphere may also qualify for exclusive incentives. Contact your SAP representative before this limited-time opportunity expires. 

Daniel Yu is senior vice president of Solution Management and Product Marketing for SAP Data and Analytics.

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BTC price has seen $49,000 and $38,000 this month, but with a deluge of diary dates in the coming days, the stage is set for classic Bitcoin volatility.

After the spot BTC ETF approval in the U.S., Hong Kong looks to follow, as 10 financial institutions in the country intend to file to launch BTC ETFs.

Jupiter exchange volumes topped $480 million in the last 24 hours, with much of the volume being led by traders swapping stablecoins and flipping a new memecoin, Wen.

The ETF that aimed to make money for investors by shorting Mad Money host Jim Cramer’s stock tips will close after posting a negative 15% return.