The post Trump-Backed Matt Van Epps Wins Tennessee House Race as GOP Faces Precarious Prospects for 2024 Midterms appeared on BitcoinEthereumNews.com. COINOTAG News, December 3 — A Tennessee U.S. House race concluded with Republicans maintaining a key seat, easing immediate political anxiety for policy makers and markets alike. According to the Associated Press, NBC News, and Decision Desk HQ, Matt Van Epps—backed by Trump—appears poised to win. The result provides a policy signal for digital-asset regulation as Congress returns to work. While the outcome tempers fears of an abrupt regulatory upheaval, analysts caution that voter preferences in this district signal continued government scrutiny of crypto markets and stablecoins. The timing suggests policymakers will proceed with caution on licensing, AML rules, and disclosure standards. Market-facing implications include more predictable oversight timelines, aiding risk management and institutional planning. Investors should watch for upcoming hearings on tax treatment of digital assets, exchange registration, and proposed anti-fraud measures, all of which would shape liquidity and compliance costs across the sector. Source: https://en.coinotag.com/breakingnews/trump-backed-matt-van-epps-wins-tennessee-house-race-as-gop-faces-precarious-prospects-for-2024-midtermsThe post Trump-Backed Matt Van Epps Wins Tennessee House Race as GOP Faces Precarious Prospects for 2024 Midterms appeared on BitcoinEthereumNews.com. COINOTAG News, December 3 — A Tennessee U.S. House race concluded with Republicans maintaining a key seat, easing immediate political anxiety for policy makers and markets alike. According to the Associated Press, NBC News, and Decision Desk HQ, Matt Van Epps—backed by Trump—appears poised to win. The result provides a policy signal for digital-asset regulation as Congress returns to work. While the outcome tempers fears of an abrupt regulatory upheaval, analysts caution that voter preferences in this district signal continued government scrutiny of crypto markets and stablecoins. The timing suggests policymakers will proceed with caution on licensing, AML rules, and disclosure standards. Market-facing implications include more predictable oversight timelines, aiding risk management and institutional planning. Investors should watch for upcoming hearings on tax treatment of digital assets, exchange registration, and proposed anti-fraud measures, all of which would shape liquidity and compliance costs across the sector. Source: https://en.coinotag.com/breakingnews/trump-backed-matt-van-epps-wins-tennessee-house-race-as-gop-faces-precarious-prospects-for-2024-midterms

Trump-Backed Matt Van Epps Wins Tennessee House Race as GOP Faces Precarious Prospects for 2024 Midterms

2025/12/03 13:18

COINOTAG News, December 3 — A Tennessee U.S. House race concluded with Republicans maintaining a key seat, easing immediate political anxiety for policy makers and markets alike. According to the Associated Press, NBC News, and Decision Desk HQ, Matt Van Epps—backed by Trump—appears poised to win. The result provides a policy signal for digital-asset regulation as Congress returns to work.

While the outcome tempers fears of an abrupt regulatory upheaval, analysts caution that voter preferences in this district signal continued government scrutiny of crypto markets and stablecoins. The timing suggests policymakers will proceed with caution on licensing, AML rules, and disclosure standards.

Market-facing implications include more predictable oversight timelines, aiding risk management and institutional planning. Investors should watch for upcoming hearings on tax treatment of digital assets, exchange registration, and proposed anti-fraud measures, all of which would shape liquidity and compliance costs across the sector.

Source: https://en.coinotag.com/breakingnews/trump-backed-matt-van-epps-wins-tennessee-house-race-as-gop-faces-precarious-prospects-for-2024-midterms

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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QQQ short term cycle nearing end; pullback likely to attract buyers [Video]

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The post QQQ short term cycle nearing end; pullback likely to attract buyers [Video] appeared on BitcoinEthereumNews.com. The short-term Elliott Wave outlook for the Nasdaq 100 ETF (QQQ) indicates that the cycle from the April 2025 low remains active. Wave (4) of the ongoing impulse concluded at 580.27, and the ETF has since resumed its upward trajectory. To confirm continuation, price must break above the prior wave (3) peak recorded on 30 October at 638.41. The rally from the 21 November wave (4) low has matured and is expected to complete soon, reflecting the natural rhythm of the Elliott Wave sequence. The advance from wave (4) has unfolded as a five-wave impulse. Within this structure, wave ((i)) ended at 586.25, followed by a corrective pullback in wave ((ii)) that terminated at 580.36. From there, the ETF nested higher. Wave (i) of the next sequence ended at 596.98, while wave (ii) pulled back to 589.44. Momentum carried wave (iii) to 606.76, before wave (iv) corrected to 597.32. The final leg, wave (v), reached 619.51, completing wave ((iii)) at a higher degree. A subsequent pullback in wave ((iv)) ended at 612.13. Looking ahead, wave ((v)) of 1 is expected to finish soon. Afterward, a corrective wave 2 should unfold, addressing the cycle from the 21 November low before the ETF resumes higher. In the near term, as long as the pivot at 580.27 remains intact, dips are anticipated to find support in a 3, 7, or 11 swing sequence, reinforcing prospects for further upside. Nasdaq 100 ETF (QQQ) 30-minute Elliott Wave chart from 12.5.2025 Nasdaq 100 ETF Elliott Wave [Video] Source: https://www.fxstreet.com/news/qqq-short-term-cycle-nearing-end-pullback-likely-to-attract-buyers-video-202512050323
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BitcoinEthereumNews2025/12/05 11:40