National Bitcoin Reserve Initiative: MP Satoshi Hamada Urges Japan To Take Action

Ronaldo Marquez

6 months ago

3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

In a notable development for the cryptocurrency landscape, Japanese Member of Parliament Satoshi Hamada has urged his government to establish a Strategic Bitcoin Reserve, aligning Japan with a growing global trend where nations like the United States are exploring similar initiatives.

Bitcoin Adoption Surges Among Nations And Major Corporations

Hamada’s proposal reflects a broader interest in diversifying national reserves with cryptocurrencies, particularly following recent discussions in the Japanese parliament about reserve movements in the US and other countries.

This surge in interest comes on the heels of Texas’s significant legislative efforts. The Texas House of Representatives has introduced a bill aimed at creating a strategic Bitcoin reserve, spearheaded by Republican state Representative Giovanni Capriglione.

The proposed legislation seeks to enable the state to accept taxes, fees, and donations in Bitcoin, with a commitment to hold these assets for a minimum of five years.

Capriglione, who announced the bill during an X Spaces event, emphasized the potential benefits of such a reserve in enhancing Texas’s fiscal stability and reinforcing its leadership in Bitcoin innovation.

“Probably the biggest enemy of our investments is inflation,” he stated, highlighting that a strategic Bitcoin reserve could provide a win-win scenario for the state.

The legislation, titled “An Act Relating to the Establishment of a Bitcoin Reserve within the State Treasury of Texas and the Management of Cryptocurrencies by Governmental Entities,” underscores a significant trend of increasing institutional interest in Bitcoin as a strategic reserve asset.

Notably, this movement is not limited to nations; following President-elect Donald Trump’s proposal for a US strategic Bitcoin reserve at the National Bitcoin Conference in Nashville earlier this year, there has been a marked uptick in BTC adoption among various countries and private companies.

Bitcoinist previously reported that in just the past month, nine major firms from sectors including finance, healthcare, and artificial intelligence (AI) have embraced the market’s leading cryptocurrency as a strategic reserve asset.

October 2025 As Next Major BTC Market Top?

As these developments unfold, BTC has recently closed the week above the $100,000 mark, fueling speculation about its future trajectory.

Crypto analyst Ali Martinez has pointed out that if Bitcoin adheres to historical trends observed in previous market cycles, the next market peak could occur in October 2025.

The analyst noted that in the last two cycles, from market bottom to market top, it took approximately 1,065 days, while the duration from one market bottom to the next was around 1,430 days.

Martinez also identified a critical support level for Bitcoin at $96,870, where approximately 1.45 million addresses accumulated around 1.42 million BTC. He stated that as long as this demand zone remains intact, there is a strong likelihood that Bitcoin will continue its upward momentum.

At the time of writing, BTC is trading at $101,477, up 2% on the week after a brief consolidation period and a 7% drop towards $91,000.

Featured image from DALL-E, chart from TradingView.com

Ronaldo Marquez

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.

Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.

Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.

One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.

Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities.

Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth.

However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape.

Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge.

With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.