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In a pivotal moment for the early 2024 presidential election cycle, eight Republican candidates gathered for a debate stage on Wednesday night.

What Happened: However, notable absences included former President and Republican frontrunner Donald Trump, who is also apparently an Ethereum ETH/USD whale, opted for a pre-recorded interview with former Fox News host Tucker Carlson on X (formerly Twitter).

Despite the two-hour-long debate covering various topics such as abortion, Ukraine, Trump, and climate change, there was no mention of Bitcoin BTC/USD .

The candidates who qualified for the debate stage were Doug Burgum, the Governor of North Dakota; Chris Christie, former Governor of New Jersey; Ron DeSantis, the Governor of Florida; Nikki Haley, former U.N. Ambassador; Asa Hutchinson, former Governor of Arkansas; Mike Pence, former Vice President; Vivek Ramaswamy, an entrepreneur; and Tim Scott, a Senator from South Carolina.

Interestingly, both DeSantis and Ramaswamy have been actively endorsing Bitcoin during their campaigns, but the cryptocurrency was not discussed at the debate, disappointing crypto enthusiasts.

See More: A Stay At The Floating Palace From James Bond's Octopussy

Why It Matters: DeSantis has been a vocal supporter of Bitcoin since the beginning of his campaign.

During his campaign kickoff event, which featured Tesla CEO and X owner Elon Musk, DeSantis even suggested that Bitcoin might face difficulties if President Joe Biden is reelected.

He stated, You have every right to do Bitcoin. The only reason these people in Washington don't like it is because they don't control it.

DeSantis has also criticized central bank digital currencies (CBDC) as a concentration of power in the hands of a central authority. In fact, he has taken steps to prevent a digital dollar from being introduced in Florida.

Biotech entrepreneur Ramaswamy, made it clear that he does not consider Bitcoin to be a security. He criticized the Federal Reserve for trying to play a financial god, condemned CBDCs, and opposed the Biden administrations proposed 30% excise tax on crypto mining.

Price Action: At the time of writing, BTC was trading at $26,391, up 1.79% in the last 24 hours, according to Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Rise In Sync With Stock Markets: Analyst Warns ETH Coming Home Before Touching All-Time Highs

Photo Courtesy: Shutterstock.com

Join Benzingas Future of Digital Assets in NYC on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now!

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Sports

Guardians overtake Tigers with historical surge

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Guardians overtake Tigers with historical surge

CLEVELAND — George Valera hit a two-run homer in the third inning, Jose Ramírez had a two-run double in the seventh and the Cleveland Guardians became the first major league team to overcome a deficit of 15½ games and take the lead in either division or league play, beating the Detroit Tigers 5-1 on Wednesday night.

Cleveland (86-72) has a one-game lead over Detroit (85-73) with four games to play. The Guardians also have the tiebreaker by taking the season series.

The 1914 Boston Braves were 15 games back in the National League on July 4 and rallied to win by 10½ games according to Elias Sports Bureau. Since baseball went to division play in 1969, the biggest deficit overcome was 14 games by the 1978 New York Yankees to win the AL East.

Tanner Bibee (12-11) won his third straight start and allowed only one run in six innings, extending the streak of Guardians starters allowing two or fewer runs to 19 games. They are the first since the 2019 Tampa Bay Rays to go at least 19 games.

Detroit has dropped eight straight and is out of first place for the first time since April 22, when the Guardians led by a half-game. Jack Flaherty (8-15) took the loss.

The Tigers took a 1-0 lead in the third when Parker Meadows‘ sacrifice fly drove in Dillon Dingler.

Brayan Rocchio led off the Cleveland third with a double and then scored when Valera’s drive appeared short of the wall in center before it was deflected off the glove of Meadows.

Ramírez broke it open in the eighth with a two-run double to right field that deflected off the glove of Detroit second baseman Gleyber Torres. He became the second player in Cleveland franchise history to reach 3,000 total bases. The other was Earl Averill with 3,201 from 1929 through ’41.

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Business

UK boosts pandemic readiness with new vaccine factory

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UK boosts pandemic readiness with new vaccine factory

A US vaccine firm has opened the first mRNA manufacturing plant in the UK, against a backdrop of increasing anti-jab rhetoric back home.

The new facility outside Oxford is part of a £1bn investment in the UK by Moderna, which specialises in mRNA.

The novel vaccine technology delivered some of the most effective and fastest-to-develop jabs during the COVID pandemic.

Several pharma companies, including Germany’s leading mRNA pioneer BioNTech, are now racing to develop new therapies.

Moderna says the plant will produce up to 100 million doses of its existing vaccine products each year. It has also been designed to scale-up production to 250 million doses a year in the event of a new disease outbreak.

“God-forbid, if there is another pandemic, we can switch the facility any day,” said Moderna CEO Stephane Bancel.

The UK investment deal was agreed by the previous government, but the plant’s opening is welcome relief for the current one.

In recent weeks, four major pharmaceutical companies have halted planned investments in the UK following disputes over drug pricing and profitability in the UK.

‘A great statement’

It also promises to restore domestic vaccine manufacturing capability in the UK, the lack of which was exposed when dangerous supply interruptions threatened the early COVID response.

“It’s a really fast way of getting new vaccines discovered,” said Lord Patrick Vallance, former chief scientist and now science minister.

“It’s also a great statement of confidence in the UK that [Moderna has] chosen to base themselves here.”

Health Secretary Wes Streeting attended the opening
Image:
Health Secretary Wes Streeting attended the opening

Moderna: UK ‘still believes’ in vaccines

The mRNA molecule is the same used by our cells to order the production of new proteins, and allows vaccines to be produced using just the genetic code of a virus or other biological target.

Moderna’s investment decision pre-dated Donald Trump’s return to the White House, but the Moderna CEO said its operation in the UK – a country that “still believes in vaccination” – may pay dividends if anti-vaccine rhetoric translates into a lack of demand for its products in the US.

“If there is less appetite by governments around the world, including in the US, to use vaccines, we might invest less in vaccines,” said Mr Bancel.

“We have to invest where there’s a demand for our products.”

Read more: All health claims made by Trump – and what experts say

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Is US politics fuelling a deadly measles outbreak?

The UK presents other attractions for the company which has suffered substantial losses as demand for its COVID vaccine has fallen.

It’s betting that leading UK universities and a large patient population will make for successful clinical trials.

The company has ongoing NHS trials of new jabs against seasonal flu, a combination COVID and flu vaccine, cancer vaccines and mRNA therapies for two inherited childhood diseases.

Moderna says it is now the largest private commercial sponsor of clinical trials in the UK.

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Politics

US Senate Finance Committee to discuss crypto tax matters next week

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US Senate Finance Committee to discuss crypto tax matters next week

US Senate Finance Committee to discuss crypto tax matters next week

A Coinbase executive and three other crypto tax and policy specialists will meet with the Senate Finance Committee next Wednesday to discuss digital asset tax matters.

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