Check out the latest information in Spanish.
Amid notable developments in the cryptocurrency landscape, Japanese lawmaker Satoshi Hamada has urged the government to follow the growing global trend in which countries such as the United States are exploring similar initiatives. , called for the establishment of a strategic Bitcoin reserve fund.
Bitcoin adoption surges among nations and large corporations
Hamada's proposal reflects widespread interest in diversifying national reserves with cryptocurrencies, especially following recent debates in Japan's parliament regarding reserve movements in the United States and other countries.
This increased interest comes on the heels of significant legislative efforts in Texas. The Texas House of Representatives has introduced a bill led by Republican state Rep. Giovanni Capriglione that would create a strategic Bitcoin reserve.
Related books
The proposed bill would allow states to accept taxes, fees and donations in Bitcoin, and commit to holding these assets for at least five years.
Mr. Capriglione, who announced the bill during an .
“Probably the biggest enemy of our investments is inflation,” he said, emphasizing that strategic Bitcoin reserves could create a win-win scenario for the state.
The legislation, entitled “An Act Concerning the Establishment of a Bitcoin Reserve in the Texas Treasury and the Control of Cryptocurrencies by Government Agencies,” highlights an important trend in increasing institutional interest in Bitcoin as a strategic reserve asset. I am doing it.
Remarkably, this movement is not limited to nations. Since President-elect Donald Trump proposed a U.S. strategic Bitcoin reserve at the National Bitcoin Conference in Nashville earlier this year, there has been a noticeable increase in BTC adoption in various countries and private companies. are.
Bitcoinist previously reported that over the past month, nine leading companies in sectors such as finance, healthcare, and artificial intelligence (AI) have adopted the market-leading cryptocurrency as a strategic reserve asset.
Will October 2025 be the next major BTC market top?
Amid these developments, BTC recently ended the week above $100,000, increasing speculation about its future trajectory.
Crypto analyst Ali Martinez pointed out that if Bitcoin follows the historical trends observed in previous market cycles, the next market peak could occur in October 2025.
The analyst noted that the period from one market trough to the next was about 1,430 days, compared to about 1,065 days from a market trough to a market top in the past two cycles.
Related books
Martinez also identified a key support level for Bitcoin at $96,870, with approximately 1.45 million addresses accumulating approximately 1.42 million BTC. He said that as long as this demand zone remains intact, Bitcoin is likely to continue its upward momentum.
The daily chart shows that the price of BTC is on an upward trend. Source: BTCUSDT on TradingView.com
At the time of this writing, BTC was trading at $101,477, up 2% on the week after a brief consolidation period, and down 7% towards $91,000.
Featured image from DALL-E, chart from TradingView.com
