John Deaton Reveals Major XRP Holdings Amid Bitcoin Debate
The post John Deaton Reveals Major XRP Holdings Amid Bitcoin Debate appeared on BitcoinEthereumNews.com.
The post John Deaton Reveals Major XRP Holdings Amid Bitcoin Debate appeared first on Coinpedia Fintech News The crypto community is buzzing as pro-Ripple attorney John Deaton discloses that he holds a “substantial” amount of XRP. His statement comes after he was challenged on X over his recent pro-Bitcoin comments, prompting the former Massachusetts Senate candidate to clarify where he truly stands. The post I’m quoting is about BTC so my comment is. I clearly own a substantial amount of XRP. I’m just not someone who sees the two as mutually exclusive. We will operate in a world of more than one coin. — John E Deaton (@JohnEDeaton1) June 9, 2025 More on this below! Bitcoin at $106K? Deaton Calls It the Safer Bet Deaton stirred conversation by stating that Bitcoin is a safer investment at $106,000 than it was at $20,000, a bold stance backed by his macroeconomic outlook. He points to rising debt levels and relentless fiat money printing as key reasons for Bitcoin’s long-term potential. He also cited recent U.S. policy shifts, including the pro-Bitcoin BITCOIN Act and growing institutional and state-level adoption, as signals of a strong bullish trend for the top cryptocurrency. Bitcoin Bonanza: Deaton’s Daring Investment Call Still, Deaton isn’t married to just one narrative. In a recent post, he emphasized that Bitcoin and XRP are not mutually exclusive, stating, “We will function in a realm with multiple coins.” His sentiment echoes that of Ripple CEO Brad Garlinghouse, who recently urged XRP holders not to view the Bitcoin community as adversaries. This balanced stance reflects Deaton’s broader view of a multi-chain future, where competition doesn’t overshadow collaboration. From Paycheck Struggles to Crypto Power Move Adding depth to his story, Deaton shared a personal anecdote – just 15 years ago, he lived paycheck to paycheck.…
