Bitcoin sentiment has collapsed to historic lows as fear spreads across the market. This has prompted a new discussion between Anthony Pompliano and XRP lawyer John Deaton. Deaton Predicts Bitcoin to $110,000 Before 2025 Ends John Deaton has said that he would not be surprised if Bitcoin dipped under $75,000 before recovering. He has emphasized
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Crypto lawyer and former Republican senatorial candidate for Massachusetts, John Deaton, has publicly lauded Ethereum (ETH) price growth’s potential, tipping the altcoin for sizable short-term gains. The XRP enthusiast is predicting ETH to hit a $10,000 price valuation in the present market cycle, citing strong institutional inflows and strategic accumulation by Ethereum treasury firms as key bullish catalysts.
Ethereum To Ride On Treasury Accumulation And ETF Inflows – Deaton
Notably, Deaton’s vote of confidence in Ethereum came in response to an X post by ETF analyst Nate Geraci, who highlighted a notable capital rotation trend between Bitcoin and Ethereum exchange-traded funds (ETFs). According to Geraci, spot ETH ETFs recorded $340 million in inflows on Friday, contributing to $2.8 billion in net inflows in August alone. In contrast, Bitcoin ETFs saw $1.2 billion in outflows during the same period. Since the beginning of July, spot ETH ETFs have attracted $8.2 billion in inflows, compared with $4.8 billion for Bitcoin ETFs.
Deaton explains that these flows underscore Ethereum’s strengthening investment case, echoing commentary from Tom Lee, Chief Investment Officer at Fundstrat and Chairman of Bitmine ($BMNR), an ETH treasury company. Lee has previously backed ETH’s potential for mainstream adoption, citing stablecoins’ potential to create a “ChatGPT moment” as seen with generative AI, especially following recent policy developments like the GENUIS Act.
Spot eth ETFs w/ $340mil inflows yesterday…
So far in August:
Spot eth ETFs = $2.8bil inflows
Spot btc ETFs = $1.2bil *outflows*
Since beginning of July:
Spot eth ETFs = $8.2bil inflows
Spot btc ETFs = $4.8bil inflows
Notable recent shift.
— Nate Geraci (@NateGeraci) August 23, 2025
Meanwhile, John Deaton also noted the broader trend of Ethereum treasury companies actively accumulating ETH. This includes firms led by industry figures, including Lee (Bitmine), Joseph Lubin (Sharplink), and Andrew Keys (Ether Machine). Deaton suggested that the coordinated buildup of Ethereum reserves by these companies reflects a strategic bet on ETH’s central role in the evolving digital asset economy. While acknowledging Lee’s potential bias in his “stablecoin” commentary, being a stakeholder in the ETH market, Deaton emphasized that institutional and corporate accumulation patterns are hard to ignore.
The crypto lawyer said:
I don’t know if ETH can hit $20K or more this cycle, like some folks are suggesting, but with continued inflows, indicated below, coupled with @ethereumJoseph, @AK_EtherMachine, Tom Lee, and others, accumulating ETH for ETH Treasury Companies, $10K appears to be fairly foreseeable in ETH’s future.
ETH Price Overview
At press time, Ethereum trades at $4,775 following a 1.91% gain in the past day. However, the altcoin maintains a green performance on larger timeframes, reflecting gains of 7.28% and 23.98% on its weekly and monthly charts, respectively. With a market cap of $576 billion, ETH continues to rank as the second largest cryptocurrency and 22nd largest asset in the world.
Featured image from Pexels, chart from Tradingview
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The possibilities of a Ripple Initial Public Offering (IPO) have become higher as time goes on and the company moves toward a complete resolution of its SEC lawsuit. With expectations of the IPO rising, possible valuations have started to fly around as the company is one of the largest cryptocurrency companies. Most notably, pro-XRP lawyer and community member John Deaton has proposed that the Ripple IPO could lead to the company being valued at over $100 billion.
Deaton Puts Ripple At $100 Billion
The comment and valuation from lawyer John Deaton come after Circle, the company behind the USDC stablecoin, successfully completed its Initial Public Offering (IPO). So far, the crypto firm has found a lot of success in the market, surging from an initial $5 billion valuation to over $63 billion in valuation post-IPO.
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Deaton responded to a post on X (formerly Twitter), highlighting this feat, pointing out how Ripple could be even more successful in this regard. He explains that despite Ripple CEO Brad Garlinghouse saying that the company was in no rush to go public, the IPO should be timed correctly to have the right impact.
Pointing to the current market environment, he points out that if Circle can grow to a $63 billion valuation, then it means that Ripple can soar even higher. Given XRP’s standing in the market as the 4th-largest cryptocurrency, ahead of Circle’s USDC, which sits at 7th place, Deaton believes that Ripple’s valuation post-IPO can rise to $100 billion. “If Circle can hit a 62B-75B market cap then Ripple, with nearly 40B XRP, currently valued at $2 (ie $80B), could certainly hit a $100B market cap in this environment,” Deaton wrote.
As Bitcoinist reported, Ripple had issued a $700 million tender offer with shares priced at $175. This now puts the equity valuation of the company at $25 billion with 141 million outstanding shares as investors look favorably at the crypto firm.
How High Could The XRP Price Go?
Market experts have speculated that if the Ripple IPO does go through and the valuation soars, the XRP price will soar in tandem. Crypto investor Dennis Liu shared a video that suggested a successful IPO would be positive for the XRP price. He points out that a symbiotic relationship of the XRP coin related to the Ripple stock would be the dream of investors.
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Other market experts have debated that the XRP price would go double-digits to rise above $10 if this happens. In some cases, the XRP price has been pegged as high as $100 if Ripple does complete its IPO and begins trading as a publicly listed company.
Featured image from Dall.E, chart from TradingView.com
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Amidst the intense rivalry between Bitcoin and XRP enthusiasts, Ripple lawyer John Deaton endorsed Bitcoin, foreseeing its bright future. Citing influential US officials’ BTC promotion, Deaton highlighted its potential that should not be ignored. With Bitcoin price at approximately $84,000, Deaton insisted that no prudent financial advisor can afford to have zero Bitcoin allocation in their clients’ investment portfolios.
John Deaton Backs Bitcoin Amid XRP vs BTC War
In a recent X post, XRP lawyer John Deaton surprisingly endorsed Bitcoin, highlighting the cryptocurrency’s potential. Despite the ongoing debate between Bitcoin maxis and XRP supporters, the Ripple lawyer backed BTC, citing influential US officials’ support. In a bold move, John Deaton stated,
Whether you’re a BTC Maxi, XRP Maxi, or other token Maxi, or whether you consider BTC a ponzi, or view it as the of digital assets, if you’re a financial advisor, I do not see how you could advise a client to have no (zero) exposure to Bitcoin. Maybe this changes a year or more from now, but I’m talking about today at $84K.
Key Administrative Figures Endorse Bitcoin: Here’s What You Need To Know
Notably, John Deaton’s post came following Cantor Fitzgerald’s $2 billion Bitcoin financing business. Collaborating with Anchorage Digital and Copper, Cantor Fitzgerald launched Bitcoin-backed lending for institutions.
Reflecting on the key development, the XRP lawyer pointed out that US Commerce Secretary Howard Lutnick is the owner of Cantor Fitzgerald. Lunick’s company manages Tether’s reserves and has a significant stake in the company, holding between 1% and 5% of Tether. According to Deaton, Howard Lutnick holds Bitcoin valued at over tens of millions of dollars, which could potentially skyrocket to billions of dollars in the future.
Another prominent US official is the US Treasury Secretary Scott Bessent. While Bessent remains one of the leading proponents of Bitcoin, he owns significant amounts in the crypto, stated John Deaton.
Most importantly, US President Donald Trump, who once called Bitcoin a scam, has now taken a progressive stance on crypto. He has signed an executive order to establish BTC as a strategic reserve, fueling anticipations of Bitcoin price’s bullish rally. Furthermore, Trump has tasked Howard Lutnick and Scott Bessent with exploring “budget-neutral” methods to acquire more BTC.
Why John Deaton Urges for Bitcoin Investments?
“Regardless of how you feel about Bitcoin, I think a financial advisor who doesn’t recommend, at least a small percentage (1-5%) of exposure to Bitcoin is negligent,” cited John Deaton. The XRP lawyer believes Bitcoin is a legitimate asset worthy of inclusion in any crypto portfolio
Deaton’s comments have sparked intense interest, coming at a time when the Bitcoin and XRP communities are engaged in a fierce debate. This debate intensified after Trump announced to create a US crypto reserve that would include not just Bitcoin, but also XRP and other altcoins.
Aligning with expert predictions, the XRP lawyer believes that the Bitcoin price could reach significant highs in the near future. For instance, Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” predicted that the Bitcoin price could reach $350K by 2025.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The US Securities and Exchange Commission (SEC) has taken a significant step by acknowledging XRP ETF applications from multiple asset managers, including CoinShares, Canary Capital, and WisdomTree. In response to the development, XRP lawyer John Deaton reflected on Ripple and XRP’s evolution over the past four years.
Notably, the XRP ecosystem has undergone significant transformations since the SEC lawsuit in 2020. Though Ripple faced unprecedented challenges over the period, recent developments including major court wins and Donald Trump’s re-election have marked a turning point. Let’s unveil XRP’s major developments over the period, leading to the SEC’s positive approach to XRP ETFs.
SEC Acknowledges XRP ETFs: John Deaton Weighs In
The SEC’s acknowledgment of XRP ETFs has sent shockwaves of optimism through the Ripple community. In a series of surprising events, the SEC recognized multiple asset manager’s XRP ETFs, fueling excitement.
Commenting on this bullish development, pro-XRP attorney John Deaton stated, “What a difference four years of litigation and an election can bring.” Via his latest X post, Deaton offered the community a unique perspective on XRP’s transformation over the past few years.
According to his remarks, the SEC’s recent move is largely attributed to Ripple’s court wins and Donald Trump’s presidential win in the 2024 election.
XRP ETF Acknowledgement: Broader Implications
Major investment firms are vying to launch an exchange-traded fund tracking XRP. The frenzy began when Grayscale proposed converting its XRP Trust into an ETF, prompting CBOE and Nasdaq to file 19b-4 applications.
The SEC’s subsequent acknowledgment of applications from Grayscale, 21Shares, and Bitwise sparked widespread optimism. Most recently, the SEC has also recognized XRP ETF applications from CoinShares, WisdomTree, and Canary Capital, further fueling excitement.
Key Factors Influencing XRP’s Journey
Notably, the SEC’s recent XRP ETF acknowledgment has been influenced mainly by two major events: Ripple’s court wins and Donald Trump’s election win. This development boosts optimism, even if it doesn’t confirm a potential green light for the ETF launch.
The crypto regulator sued Ripple in 2020, alleging the platform violated the federal securities law and raised $1.3 billion by offering unregistered securities. After a long battle, Judge Analisa Torres ruled that XRP in its digital token form is not a security. In a subsequent judgment in August 2024, Judge Torres drew a clear line between Ripple’s retail and institutional sales, declaring the retail sales to be legitimate.
Significantly, this regulatory status has contributed to the SEC’s recognition of the XRP ETFs. As per Deaton’s comments, in addition to this development, Trump’s re-election is another major event that impacted Ripple’s journey.
Specifically, Trump’s pro-crypto stance and the SEC’s regulatory shifts have potentially paved the way for a more favorable environment for XRP.
Ripple’s Evolution Since 2020 SEC Lawsuit
Ripple, founded in 2012, had established itself as a leading global payments platform by 2020. But its momentum was halted by the SEC lawsuit. Prior to the lawsuit, XRP remained a major player alongside Bitcoin and Ethereum. The token hit an all-time high of $3.317 in the 2017-2018 bull run, marking a staggering hike of 19,000%.
However, the lawsuit severely affected XRP’s trajectory. Major exchanges like Coinbase, Binance, and Kraken suspended XRP from trading following the lawsuit. Soon, the token’s price and market cap plummeted with XRP losing its ground.
Notably, XRP experienced a remarkable resurgence, fueled by Ripple’s courtroom victories and Trump’s election win. The cryptocurrency reclaimed its third spot on CoinMarketCap, soaring to a high of $3.2 as it eyed its all-time high. This upward trajectory was further reinforced by the SEC’s recognition of XRP ETFs. It was highlighted by John Deaton, underscoring Ripple’s continued growth and momentum.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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