Bitcoin inches closer to a 10-year record, as other stats turn bullish

The world’s very first cryptocurrency Bitcoin (BTC) is one day away from matching its historical 15-day win streak if its favorable cost motion keeps up.In November 2013 Bitcoin posted consistent positive rate movement for 15 days, the longest such streak in its history.

REAKING: #Bitcoin price has actually increased 14 days in row– A single day far from making a historic new record! pic.twitter.com/qclJhikcds!.?.!— Documenting itcoin(@DocumentingBTC)January 17, 2023 Right now, BTC is on day 14 of its win streak, striking four-month highs in the process.One more day of upward rate movement will match its 2013 streak. If Bitcoin keeps acquiring another day after that

it will set a brand-new all-time record with a 16-day winning streak.It’s not the only bullish metric crossing into new territory.Ethereum to quickly cross 100M non-zero addresses Ethereum addresses holding a minimum of some Ether(ETH)will quickly cross the 100 million mark, provided the present quantity of wallet addresses and the historic growth rate of the metric.On Jan. 16, crypto analytics firm Glassnode said that the number of

non-zero ETH addresses reached an all-time high of almost 92.5 million. #Ethereum $ETH Variety Of Non-Zero Addresses just reached an ATH of 92,483,337 View metric: https://t.co/beS1MtIgAZ pic.twitter.com/ripGHhmuEU!.?.!— glassnode

signals(@glassnodealerts)January 16, 2023

According to the information, Ethereum is just 7.5 million non-zero addresses far from crossing the 100 million milestone.Since 2019 the figure has risen by approximately 20 million per year. If that rate continues, it’s likely non-zero ETH wallets might strike 100 million by sometime in the second quarter of 2023. ETH hits half a million validators Another Ethereum figure that has actually continued to grow is the count of its validators– entities accountable for verifying

transactions made on the blockchain.The ETH validator count crossed the 500,000 mark on Jan. 12, according to BeaconScan data. The variety of validators over a six-month period ending Jan. 17, the number currently sits at 502,218. Source: BeaconScan It comes as the Shanghai tough fork slated for March would– among other things– allow validators to lastly withdraw their ETH that was staked so they could assist validate the network.U.S. leading nation for crypto payments approval The United States is the most accepting country for those who wish to splash their crypto on purchases.More than half of the business from a list of 250 accepting crypto as payment were U.S.-based, according to the Jan. 14 Forex Suggest Crypto Acceptance Report, providing the nation the top area for the number of crypto-accepting companies. The top 10 countries with the most businesses accepting crypto as a payment approach. Source: Forex Suggest The U.S. was trailed by runner-up the United Kingdom, while 3rd location went to America’s next-door neighbors to the north, Canada.Related: Opinion: The Inter-Blockchain Communication Protocol will end community maximalism E-commerce was the most accepting market of crypto carefully, followed by the travel industry.The biggest business by market capitalization to accept crypto was the$1.8 trillion big tech gamer Microsoft.Wrapped Bitcoin on Ethereum falls 35%from 2022’s peak Not whatever was bullish. Covered Bitcoin(WBTC), a tokenized and 1:1 backed variation of BTC on Ethereum, has seen its supply on the Ethereum blockchain drop by 35%since May.A Jan. 17 tweet from Glassnode revealed the May 2022 all-time high of 285,000 WBTC on Ethereum came right before the cost collapse of TerraLunaClassic( LUNC )and its paired algorithmic stablecoin TerraClassicUSD(USTC). The total$WBTC Balance wrapped on

#Ethereum has declined by over 35% considering that the collapse of the LUNA/UST task At the peak, there were 285k #Bitcoin covered on #Ethereum, and this has since fallen by 101.55 k$WBTC throughout 2022 Live Chart: https://t.co/y3COK5pbuA pic.twitter.com/QWRYyBcV7j!.?.!— glassnode(@glassnode)January 17, 2023 The quantity of WBTC has fallen by 101,550 over the course of 2022 and the blockchain now hosts around 183,500 tokenized Bitcoin.