Moody’s recently downgraded the US credit rating due to increased deficits and national debt. Analyst Scott Melker predicts Bitcoin could reach $250,000 by 2025, citing institutional interest and reduced volatility. World Liberty Financial co-founder Zach Witkoff rejected US lawmakers' probe into potential conflicts of interest involving the president. The company claims the investigation is based on flawed premises. The GENIUS Act, a bill recognizing stablecoins as payment instruments, may indicate how lawmakers will address these conflicts. The article also discusses the growing institutional adoption of Bitcoin and the pushback against regulatory oversight in the crypto industry. Subscribe to the Finance Redefined newsletter for more insights on DeFi developments and financial opportunities. Read more AI-generated news on: https://app.chaingpt.org/news

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