{"id":544723,"date":"2023-07-27T20:00:04","date_gmt":"2023-07-27T20:00:04","guid":{"rendered":"https:\/\/ktsl888.com\/?p=544723"},"modified":"2024-06-11T08:08:44","modified_gmt":"2024-06-11T08:08:44","slug":"european-central-bank-25-bps-hike","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/","title":{"rendered":"European Central Bank Follows US Fed’s Footsteps With 25 BPS Hike"},"content":{"rendered":"

On Thursday, the Governing Council of the European Central Bank (ECB) <\/span>announced<\/span><\/a> that it was raising \u201cthree key ECB interest rates\u201d by 25 basis points (BPS) in a move similar to the one taken by the United States Federal Reserve.\u00a0<\/span><\/p>\n

The US Federal Reserve, on Wednesday, increased its fund rates by an additional 25 BPS, its highest interest rate in 22 years.<\/span><\/p>\n

European Central Bank In The Fight Against Inflation<\/h2>\n

The European Central Bank, in its statement, admitted that although inflation continues to decline, it is \u201cstill expected to remain too high for too long.\u201d In a bid to fight inflation and return it to its 2% medium-term target in a timely manner, the governing council has continued to hike the interest rates for some time now, and this has further raised concerns for investors in the financial market as to whether or not there will be hikes before year ends.\u00a0<\/span><\/p>\n

Related Reading: Lacoste Unveils Exclusive Ethereum-Based Virtual Store For NFT Holders<\/a><\/div>\n

For context, the ECB has raised rates by 4.00% since last year July, accounting for the fastest-tightening cycle in its history. It is projected that this rapid increase in rates could negatively affect the expansion of loans in the European region and economic activity also.\u00a0<\/span><\/p>\n

A quarterly poll released by the ECB on July 25 <\/span>revealed<\/span><\/a> that the companies\u2019 demand for loans plunged to its lowest in the second quarter of this year. The eurozone has less developed and liquid capital markets than the United States, so there is an overreliance on banks in financing the economy.\u00a0<\/span><\/p>\n

And now, according to ECB Chief Economist Philip Lane, the tighter monetary policy is massively impacting bank loans. So such policies will undoubtedly cause a liquidity squeeze.\u00a0<\/span><\/p>\n

Bitcoin\u2019s Role<\/h2>\n

Although inflation continues to decline, it is evident that the ECB and US Federal Reserve aren\u2019t getting the desired results as to the target to which they want to bring inflation down to. As such, these financial bodies may continue increasing the rates to as high as possible despite the dramatic economic slowdown.\u00a0<\/span><\/p>\n

Investors are aware of this position and are looking toward Bitcoin and other cryptocurrencies for succor. For a long time now, Bitcoin has been tagged as a \u2018hedge against inflation,\u2019 and it seems that many are realizing that this is more than a tag as Bitcoin has remained stable despite the growing rates, which many would have expected would send Bitcoin and the crypto market spiraling down.\u00a0<\/span><\/p>\n

Related Reading: Short-Lived Hype: Worldcoin (WLD) Signups Dwindle Less Than A Week After Launch<\/a><\/div>\n

Unlike the United States, European investors are lucky to have more regulatory certainty in the region. The Markets in Crypto Assets (MiCA) regulation offers a sense of direction to stakeholders in the European crypto industry. This will help businesses and investors navigate their way when operating and dealing with crypto assets.\u00a0<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC price sitting at $29,300 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Featured image from PYMNTS, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising \u201cthree key ECB interest rates\u201d by 25 basis points (BPS) in a move similar to the one taken by the United States Federal Reserve.\u00a0 The US Federal Reserve, on Wednesday, increased its fund rates by an additional 25 BPS, its highest interest rate in 22 years. European Central Bank In The Fight Against Inflation The European Central Bank, in its statement, admitted that although inflation continues to decline, it is \u201cstill expected to remain too high for too long.\u201d In a bid to fight inflation and return it to its 2% medium-term target in a timely manner, the governing council has continued to hike the interest rates for some time now, and this has further raised concerns for investors in the financial market as to whether or not there will be hikes before year ends.\u00a0 Related Reading: Lacoste Unveils Exclusive Ethereum-Based Virtual Store For NFT Holders For context, the ECB has raised rates by 4.00% since last year July, accounting for the fastest-tightening cycle in its history. It is projected that this rapid increase in rates could negatively affect the expansion of loans in the European region and economic activity also.\u00a0 A quarterly poll released by the ECB on July 25 revealed that the companies\u2019 demand for loans plunged to its lowest in the second quarter of this year. The eurozone has less developed and liquid capital markets than the United States, so there is an overreliance on banks in financing the economy.\u00a0 And now, according to ECB Chief Economist Philip Lane, the tighter monetary policy is massively impacting bank loans. So such policies will undoubtedly cause a liquidity squeeze.\u00a0 Bitcoin\u2019s Role Although inflation continues to decline, it is evident that the ECB and US Federal Reserve aren\u2019t getting the desired results as to the target to which they want to bring inflation down to. As such, these financial bodies may continue increasing the rates to as high as possible despite the dramatic economic slowdown.\u00a0 Investors are aware of this position and are looking toward Bitcoin and other cryptocurrencies for succor. For a long time now, Bitcoin has been tagged as a \u2018hedge against inflation,\u2019 and it seems that many are realizing that this is more than a tag as Bitcoin has remained stable despite the growing rates, which many would have expected would send Bitcoin and the crypto market spiraling down.\u00a0 Related Reading: Short-Lived Hype: Worldcoin (WLD) Signups Dwindle Less Than A Week After Launch Unlike the United States, European investors are lucky to have more regulatory certainty in the region. The Markets in Crypto Assets (MiCA) regulation offers a sense of direction to stakeholders in the European crypto industry. This will help businesses and investors navigate their way when operating and dealing with crypto assets.\u00a0 BTC price sitting at $29,300 | Source: BTCUSD on Tradingview.com Featured image from PYMNTS, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":544724,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,6664,8583,1953,2438,7493,87724],"class_list":["post-544723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-crypto","tag-ecb","tag-european-central-bank","tag-inflation","tag-interest-rate-hike","tag-us-fed"],"acf":[],"yoast_head":"\nEuropean Central Bank Follows US Fed's Footsteps With 25 BPS Hike<\/title>\n<meta name=\"description\" content=\"On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising \u201cthree key ECB interest rates\u201d by 25 basis points\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European Central Bank Follows US Fed's Footsteps With 25 BPS Hike\" \/>\n<meta property=\"og:description\" content=\"On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising \u201cthree key ECB interest rates\u201d by 25 basis points\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-27T20:00:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:08:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"European Central Bank Follows US Fed’s Footsteps With 25 BPS Hike\",\"datePublished\":\"2023-07-27T20:00:04+00:00\",\"dateModified\":\"2024-06-11T08:08:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/\"},\"wordCount\":488,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667\",\"keywords\":[\"bitcoin\",\"crypto\",\"ecb\",\"european central bank\",\"inflation\",\"Interest rate hike\",\"US Fed\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/\",\"url\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/\",\"name\":\"European Central Bank Follows US Fed's Footsteps With 25 BPS Hike\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667\",\"datePublished\":\"2023-07-27T20:00:04+00:00\",\"dateModified\":\"2024-06-11T08:08:44+00:00\",\"description\":\"On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising \u201cthree key ECB interest rates\u201d by 25 basis points\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667\",\"width\":1000,\"height\":667,\"caption\":\"Interest rate hike crypto bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"European Central Bank Follows US Fed’s Footsteps With 25 BPS Hike\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/ktsl888.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"European Central Bank Follows US Fed's Footsteps With 25 BPS Hike","description":"On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising \u201cthree key ECB interest rates\u201d by 25 basis points","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/","og_locale":"en_US","og_type":"article","og_title":"European Central Bank Follows US Fed's Footsteps With 25 BPS Hike","og_description":"On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising \u201cthree key ECB interest rates\u201d by 25 basis points","og_url":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-07-27T20:00:04+00:00","article_modified_time":"2024-06-11T08:08:44+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"European Central Bank Follows US Fed’s Footsteps With 25 BPS Hike","datePublished":"2023-07-27T20:00:04+00:00","dateModified":"2024-06-11T08:08:44+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/"},"wordCount":488,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667","keywords":["bitcoin","crypto","ecb","european central bank","inflation","Interest rate hike","US Fed"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/","url":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/","name":"European Central Bank Follows US Fed's Footsteps With 25 BPS Hike","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667","datePublished":"2023-07-27T20:00:04+00:00","dateModified":"2024-06-11T08:08:44+00:00","description":"On Thursday, the Governing Council of the European Central Bank (ECB) announced that it was raising \u201cthree key ECB interest rates\u201d by 25 basis points","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667","width":1000,"height":667,"caption":"Interest rate hike crypto bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"European Central Bank Follows US Fed’s Footsteps With 25 BPS Hike"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"European Central Bank Follows US Fed’s Footsteps With 25 BPS Hike","url":"http:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/european-central-bank-25-bps-hike\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","crypto","ecb","european central bank","inflation","interest rate hike","us fed"],"dateCreated":"2023-07-27T20:00:04Z","datePublished":"2023-07-27T20:00:04Z","dateModified":"2024-06-11T08:08:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"European Central Bank Follows US Fed’s Footsteps With 25 BPS Hike\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/european-central-bank-25-bps-hike\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/european-central-bank-25-bps-hike\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/Interest-rate-hike-crypto-bitcoin.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"crypto\",\"ecb\",\"european central bank\",\"inflation\",\"interest rate hike\",\"us fed\"],\"dateCreated\":\"2023-07-27T20:00:04Z\",\"datePublished\":\"2023-07-27T20:00:04Z\",\"dateModified\":\"2024-06-11T08:08:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/07\/Interest-rate-hike-crypto-bitcoin.jpeg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/544723"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=544723"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/544723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/544724"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=544723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=544723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=544723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}