The world’s first cryptocurrency Bitcoin (BTC) is a day away from matching its historic 15-day winning streak if its positive price action continues.
In November 2013, Bitcoin saw 15 days of consistent positive price action, the longest in its history.
₿REAKING: #Bitcoin price has risen for 14 straight days – One day away from a historic new record! pic.twitter.com/qclJhikcds
— Documentation by ₿itcoin (@DocumentingBTC) January 17, 2023
Right now, BTC is on day 14 of its winning streak, hitting a four-month high.
Another day of upward price action will match the streak of 2013. If it goes one more day after that, it sets a new 16-day record.
It’s not the only bullish metric breaking new ground.
Ethereum will soon surpass 100 million non-zero addresses
Ethereum addresses with at least some Ether (ETH) will soon surpass the 100 million mark given the current number of wallet addresses and the historical growth rate of the metric.
On Jan. 16, crypto analytics firm Glassnode announced that the number of non-zero ETH addresses hit an all-time high of nearly 92.5 million.
#Ethereum $ETH number of non-zero addresses just reached an ATH of 92,483,337
View metric: https://t.co/beS1MtIgAZ pic.twitter.com/ripGHhmuEU
— Glassnode Alerts (@glassnodealerts) January 16, 2023
According to the data, Ethereum is just 7.5 million non-zero addresses away from crossing the 100 million milestone.
Since 2019, the number has increased by around 20 million per year. If this rate continues, their likely non-zero ETH wallets could hit 100 million sometime in Q2 2023.
ETH reaches half a million validators
Another Ethereum statistic that has continued to grow is the number of its validators — entities responsible for validating transactions on the blockchain.
The number of ETH validators passed the 500,000 mark on January 12, according to BeaconScan data.
The number of validators over the six month period ended January 17th currently stands at 502,218. Image: BeaconScan
It comes as the Shanghai hard fork scheduled for March – among other updates – would allow validators to finally withdraw their ETH that was staked so they could help validate the network.
US top country for accepting crypto payments
The United States is the most acceptable country for those looking to splash their crypto on purchases.
More than half of the companies from a list of 250 accepting crypto as payers were based in the US, according to the Jan. 14 Forex Suggest Crypto Acceptance Report, giving the country the top spot for the number of crypto-accepting companies.
The top 10 countries with the most companies accepting crypto as a payment method. Image: Forex Suggest
The US was ousted by second-place Britain, while third place went to America’s neighbor to the north, Canada.
Related: Opinion: The Inter-Blockchain Communication Protocol will end ecosystem maximalism
E-commerce was the industry with the greatest adoption of crypto, closely followed by travel.
The largest company by market cap to accept crypto was $1.8 trillion tech player Microsoft.
Wrapped Bitcoin on Ethereum falls 35% from 2022 peak
Not everything was bullish. Wrapped Bitcoin (WBTC), a tokenized and 1:1 backed version of BTC on Ethereum, has seen a 35% drop in supply on the Ethereum blockchain since May 2022.
A tweet from Glassnode on Jan. 17 revealed that the May 2022 all-time high of 285,000 WBTC on Ethereum came just before the price drop of TerraLunaClassic (LUNC) and its paired algorithmic stablecoin, TerraClassicUSD (USTC).
The total $WBTC balance on #Ethereum has fallen by over 35% since the collapse of the LUNA/UST project
At its peak, 285,000 #bitcoin was wrapped on #Ethereum and that number has since fallen by $101.55,000 WBTC over the course of 2022
Live chart: https://t.co/y3COK5pbuA pic.twitter.com/QWRYyBcV7j
— glassnode (@glassnode) January 17, 2023
The amount of WBTC has dropped by 101,550 over the course of 2022 and the blockchain now hosts around 183,500 tokenized Bitcoin.
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