Cryptocurrency Market Bullish Despite Recent Decrease in Wrapped Bitcoin

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The Top cryptocurrency in the world Bitcoin (BTC) is on a roll, a day away if it continues its current positive price movement.

In November 2013, Bitcoin had the longest period of consistent positive price movements, which lasted 15 days.

Right Now, BTC is at day 14 of its winning streak and has reached four-month highs.

One If it continues its streak of upward price movements for another day, it will set a new 16 day record starting in 2013.

It’s This is not the only bullish indicator that has crossed into new territory.

Ethereum’s Non-Zero Addresses To Soon Exceed 100 Million

Ethereum Addresses that contain at least some Ether Given the current wallet addresses and the historical growth rate for the metric, Ethereum (ETH) is expected to soon surpass 100 million.

On Jan. 16 cryptanalysis firm Glassnode Nearly 92.5 million ETH addresses were found to be non-zero, a record.

Please refer to the data Ethereum Only 7.5 million addresses are needed to reach the 100 million mark.

Since In 2019, this number increased by around 20 million annually. If This rate will continue, and non-zero ETH wallets could reach 100 million sometime in Q2-2023.

ETH Validators Exceed Half a Million

Another Ethereum The number of validators (entities responsible for validating transactions on the blockchain) is a growing statistic.

The ETH validator count has surpassed the 500,000 mark Jan. 12 according BeaconScan data.

The Number of validators during a 6-month period. January 17 is currently at 502,218. Picture: BeaconScan

It The following is available: Shanghai Hard fork is scheduled March Among other updates, it would allow validators finally to withdraw their ETH staked in order to validate the network.

US Leading the Way For Cryptocurrency Payments

The United States The country most willing to accept crypto-buyers is this.

More According to the The Blockchain Report, more than half of the 250 companies that accept cryptocurrency payments were located in the US. Jan. 14 Forex Suggested Cryptocurrency Acceptance ReportThis gives the country the number one spot. In terms of the number companies that accept cryptocurrency.

Top The 10 most cryptocurrency-accepting countries are: Picture: Forex suggests

The United States Second place, The, was closely followed. United KingdomThird place went to the United StatesThe northern neighbors Canada.

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