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Elon Musk, the iconic Chief Executive Officer of American elec | Coinspeaker

Elon Musk, the iconic Chief Executive Officer of American electric automaker, Tesla Inc has sold off another 20 million shares of the company with the accrued funds coming in at over $3.5 billion.

Digital payments platform PayPal has announced a new partnership with Web3 wallet MetaMask. The integration will enable MetaMask users to buy or transfer the second-most-popular cryptocurrency, Ether ETH.

The Federal Reserve has hiked the interest rate to its highest level in 15 years. On Wednesday, the apex bank announced it was increasing rates to half a percentage point – between 4.25% and 4.5%.

The price of Bitcoin tested the $18,000 mark for the first time since November 8 before retracing below $17,000. It was the first time since the FTX collapse that the asset traded above $18,000.

Senator Elizabeth Warren and Roger Marshall have introduced the Digital Asset Anti-Money Laundering Act which essentially is aimed at introducing several regulations that are being looked at as extremely tough and unlawful.

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