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The world’s first cryptocurrency Bitcoin (BTC) is sooner or later away from matching its historic 15-day win streak if its optimistic worth motion retains up.

In November 2013 Bitcoin posted a 15-day constant optimistic worth motion, the longest in its historical past.

Proper now, BTC is on day 14 of its win streak, hitting four-month highs within the course of.

Yet another day of upwards worth motion will match its 2013 streak. If it continues one other day after that it’s going to set a brand new 16-day document.

It’s not the one bullish metric crossing into new territory.

Ethereum to quickly cross 100M non-zero addresses

Ethereum addresses holding at the very least some Ether (ETH) will quickly cross the 100 million mark given the present quantity of pockets addresses and the historic progress fee of the metric.

On Jan. 16, crypto analytics agency Glassnode stated the variety of non-zero ETH addresses reached an all-time excessive of almost 92.5 million.

In keeping with the info, Ethereum is simply 7.5 million non-zero addresses away from crossing the 100 million milestone.

Since 2019 the determine has risen by roughly 20 million per 12 months. If that fee continues its probably non-zero ETH wallets may hit 100 million by someday within the second quarter of 2023.

ETH hits half 1,000,000 validators

One other Ethereum statistic that has continued to develop is the rely of its validators — entities answerable for validating transactions made on the blockchain.

The ETH validator rely crossed the five hundred,000 mark on Jan. 12 as per BeaconScan data.

The variety of validators over a six-month interval ending Jan. 17, the quantity at the moment sits at 502,218. Picture: BeaconScan

It comes because the Shanghai onerous fork slated for March would — among other updates — enable validators to lastly withdraw their ETH which was staked so they might assist validate the community.

US prime nation for crypto funds acceptance

The USA is essentially the most accepting nation for many who wish to splash their crypto on purchases.

Greater than half of the businesses from a listing of 250 accepting crypto as paymen had been U.S.-based in response to the Jan. 14 Foreign exchange Counsel Crypto Acceptance Report, giving the nation the highest spot for the variety of crypto-accepting companies.

The highest 10 nations with essentially the most companies accepting crypto as a fee technique. Picture: Forex Suggest

The U.S. was trailed by runner-up the UK whereas third place went to America’s neighbors to the north, Canada.

Associated: Opinion: The Inter-Blockchain Communication Protocol will end ecosystem maximalism

E-commerce was essentially the most accepting trade of crypto intently adopted by the journey trade.

The most important enterprise by market capitalization to just accept crypto was the $1.8 trillion huge tech participant Microsoft.

Wrapped Bitcoin on Ethereum falls 35% from 2022’s peak

Not all the things was bullish. Wrapped Bitcoin (WBTC), a tokenized and 1:1 backed model of BTC on Ethereum, has seen its provide on the Ethereum blockchain drop by 35% since Might 2022.

A Jan. 17 tweet from Glassnode revealed the Might 2022 all-time excessive of 285,000 WBTC on Ethereum got here proper earlier than the worth collapse of TerraLunaClassic (LUNC) and its paired algorithmic stablecoin TerraClassicUSD (USTC).

The quantity of WBTC has fallen by 101,550 over the course of 2022 and the blockchain now hosts round 183,500 tokenized Bitcoin.