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

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

Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2.

Bitcoin (BTC), the world's first digital currency, will catch up with its landmark 15-day increase in a day if it continues to maintain its proactive market price.

In November 2013, the price of Bitcoin rose for 15 days, the longest in its history.

At this stage, BTC is on the 14th day of a winning streak, setting a new record for April in the process.

One day the price increase will catch up with the level of 2013. If Bitcoin continues to rise the following day, it will set more historical records with a 16-day winning streak.

This is not the only rising indicator to move into new areas.

The ether will go beyond 100 million non-zero detailed addresses

Taking fully into account the number of wallet addresses at this stage and the historical annual growth rate of this indicator, the price of Ethernet detailed addresses that own at least part of ETH will soon increase by 100m.

On January 16th cryptanalysis company Glassnode showed that the number of non-zero ETH addresses reached an all-time high of nearly 92.5 million.

Data show that there are only 7.5 million non-zero detailed addresses for ethernet spacing to increase the price by 100 million.

That number has risen by about 20 million a year since 2019. If this rate continues, at some point in the second quarter of 2023, the number of non-zero ETH wallets could exceed 100m.

ETH achieves 500000 verifier

Another fast-growing Ethernet statistic is the number of verification devices-responsible for verifying the buying and selling entity lines on the block chain.

According to BeaconScan, the number of ETH verifiers exceeded 500, 000 on January 12.

In addition, the Beijing hard fork, scheduled for release in March, will allow verifiers to finally withdraw their bets on ETH, so that they can help verify the Internet.

The countries with the highest acceptance of login password payment in the United States

For some people who want to spend a lot of money on shopping, the United States is an easier country to accept.

According to the January 14 foreign exchange proposal data encryption acceptance report, more than half of the 250 companies that accept data encryption are located in the United States, making the United States the country with the largest number of data encryption tripartite payment platforms.

The United States is slightly inferior to the United States, followed by Australia, a country surrounding the northern part of the United States.

Related to:Opinion: the communication protocol between blockchain technologies will end the enlargement of the ecosystem.

E-commerce is the most popular field of login passwords, followed by the development of tourism.

One of the companies with the largest market capitalization that accepts data encryption is Microsoft, a large and medium-sized technology company with a total market capitalization of $1.8 trillion.

Packet Bitcoin in Etherum is 35% lower than its peak in 2022.

Not everything is positive. Supply of WBTC, the 1:1 version of the previous generation of etheric bitcoin, has fallen 35 per cent since May.

According to an article published by Glassnode on January 17th, Etherum's WBTC reached an all-time high of 285000 WBTC in May 2022, just before TerraLunaClassic (LUNC) and matching algorithm stable dollar (USTC) prices plummeted.

The number of WBTC fell by 101550 in 2022, and blockchain technology now hosts about 183500 dynamic password bitcoins.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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