Trump-Backed Republican Narrowly Wins Tennessee, Midterm Election Outlook Dim

By: theblockbeats.news|2025/12/03 11:15:53

0

Share

copy

BlockBeats News, December 3rd — Republicans avoided an upset loss in a U.S. House election in Tennessee on Tuesday, easing worries for Trump and his congressional allies. According to the Associated Press, NBC News, and the election analysis website Decision Desk HQ, Republican candidate Matt Van Epps, backed by Trump, is set to win. Trump praised the Republican victory in social media posts, and Epps declared victory. However, even with the win, voters are gradually distancing themselves from the Republican Party in a district where Trump won overwhelmingly a year ago. This is the latest data point indicating the Republican Party's precarious prospects in next year's midterm elections.

In a series of elections this year, Democrats have outperformed their 2024 presidential election vote margins. Just weeks ago, the party scored political wins and swept the votes in New York City, New Jersey, and Virginia, and won in a redistricting ballot measure in California aimed at weakening the GOP's congressional advantage. (Golden Finance)

You may also like

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle

$1.3 Billion Debt: BitDeer Faces Tough Battle

Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?

What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx

Overview of Important Market Events on February 27

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders

The puzzle of the Romanian elections under digital manipulation.

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents

Sentient is gathering builders and supporters from around the world (including Founders Fund, Pantera, Franklin Templeton, alphaXiv, Fireworks, OpenRouter, etc.) to jointly address the reasoning capability gap in enterprise AI.

Why Retail Is Shifting From Crypto to Equities: Will They Return?

Why Retail Is Shifting From Crypto to Equities: Will They Return?

Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity

Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…

Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring

Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring

Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…

Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading

Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading

Key Takeaways Allegations of insider trading at Axiom Crypto involve approximately $400,000 and a complex scheme where employees…

Ethereum 2029 Roadmap: ETH to Become the High-Speed Internet of Value

Ethereum 2029 Roadmap: ETH to Become the High-Speed Internet of Value

Key Takeaways Ethereum’s new roadmap, the “Strawmap,” aims for a settlement layer achieving 10,000 transactions per second (TPS)…

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle

Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Popular coins

Latest Crypto News

17:44

The blockchain game infrastructure platform Power Protocol has completed a $3 million financing round, funded by Bitkraft Ventures

According to market news, the blockchain gaming infrastructure platform Power Protocol has received a $3 million investment from Bitkraft Ventures, bringing the total funding to $15.5 million.Power Protocol has built infrastructure for several partner studios, including Pixion Games, the developer o...

17:44

Data: Suspected Arrington Capital wallet withdraws 20,000 ETH from Binance and Deberit, worth approximately 38.28 million USD

According to The Data Nerd monitoring, five hours ago, a certain wallet (suspected to be Arrington Capital) withdrew 20,000 ETH (approximately 38.28 million USD) from Binance and Deberit.

17:44

The three major indices in the US stock market rose before the market opened, with Nvidia (NVDA) up 0.58%

According to Gate's market data, the three major U.S. stock indices rose before the market opened, with the Nasdaq up 0.24%, the Dow up 0.17%, and the S&P 500 up 0.19%.Most of the seven major tech stocks rose before the market opened, with Apple (AAPL) down 0.02%, Microsoft (MSFT) up 0.46%, Alphabet...

17:44

Traders expect a 50% probability of a 25 basis point rate cut by the Federal Reserve in June

According to Jinshi reports, traders have reduced their bets on a rate cut by the Federal Reserve, with the probability of a 25 basis point cut in June at 50%.

17:44

South Korea plans to implement a mandatory asset disclosure system for influencers in the cryptocurrency sector

According to The Block, South Korean ruling party lawmaker Kim Seung-won proposed amendments to the Capital Markets Act and the Virtual Asset User Protection Act, requiring influencers (Finfluencers) who provide cryptocurrency investment advice on social media to disclose their personal asset holdin...