Sense

Cecabank, Abanca and Adhara Blockchain have been chosen from the 24 applications received over the past year.

Spain’s central bank, Banco de España, has chosen its collaborators a year after publishing an open call for partners to participate in central bank digital currency (CBDC) tests.

On Jan. 3, the central bank published a resolution announcing its partnership with Cecabank, Abanca, and Adhara Blockchain.

The pilot of the wholesale CBDC will take place in the next six months and will feature the simulation of the processing and settlement of interbank payments with a single tokenized wholesale CBDC and by exchanging several wholesale CBDCs issued by different central banks.

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"Sell in May and come back after Labor Day" is a well-known adage in the stock market that suggests investors should sell their stock holdings in May and return to the market after Labor Day in September. But, like so many market clichés, sayings that aren't supported by historical data are meaningless. An example is the upcoming Nasdaq seasonal buy with a perfect historical 15-year record. Will 2024 be the 16th year?

Bitcoin is worth around $43,850 today, with its price consolidating ahead of the key spot ETF decision in the U.S.

Bitcoin's (BTC) price has been intensely scrutinized as investors and analysts watch for signs of its next major move.

As of Jan. 5, BTC's price was stabilizing around $43,850 after a 4.75% drop from its local high, suggesting a cautious market awaiting decisive moves.

The drop appeared amid rumors of U.S. regulators rejecting a round of spot exchange-traded fund (ETF) applications, which have been a critical point of focus for the crypto community.

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