WATCH: What has San Jose learned from a season of protests? – San Jos Spotlight

San JoseNovember 4, 2020November 4, 2020

A screenshot from the First Amendment Under Fire forum hosted by San Jos Spotlight and First Amendment Coalition.

As the country grappled with the police killing of George Floyd, San Jose found itself at the center of widespread protests, confrontational policing and conversations about police brutality, racial bias and First Amendment rights of protesters and journalists.

What has San Jose its people, elected leaders and civic institutions learned from a season of protest? How does a community balance First Amendment rights with public safety?

San Jos Spotlight teamed up with the First Amendment Coalition for a dynamic discussion featuring policymakers, activists and legal experts.

The discussion dug deep into the movement for racial justice, recent legislative proposals to increase police accountability and the clashes between law enforcement and those engaged in activity protected by the First Amendment.

San Jos Spotlight is a 501(c)3 nonprofit news organization thats 100% funded by your support. Please help us continue bringing high-quality, independent political and business news coverage to San Jose by joining our membership program with a tax-deductible donation today.

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WATCH: What has San Jose learned from a season of protests? - San Jos Spotlight

What’s quantum computing? CERN’s new free online course offers you the answer – ZDNet

If you're a CIO or developer who's keen to get a handle on quantum computing, qubits, quantum algorithms and machine learning, CERN's new free online lecture series could be a good way into the subject.

CERN the European Organization for Nuclear Research, home to the Large Hadron Collider (LHC) and birthplace of the worldwide web is kicking off the weekly lecture series on Friday, November 6 at 10:30am CET. The talks are being held every Friday at the same time for the next seven weeks through to Friday, December 18.

They'll focus on the practical aspects of quantum computing, such as implementing quantum algorithms in quantum simulators and quantum computers from IBM Quantum Experience and D-Wave Leap.

The lectures are organized by CERN openlab and the CERN Quantum Technology Initiative (QTI) and will be hosted by lecturer Elas Fernndez-Combarro lvarez, an associate professor in the Computer Science Department at the University of Oviedo in Spain.

CERN openlab is a public-private partnership that works with tech firms to figure out how IT can be used to solve physics challenges.

Its partners include Google Cloud, Intel, Oracle, Micron and others, while IBM joined as a contributor in 2019. CERN and IBM are also collaborating on IBM Quantum, Big Blue's brand behind its recently announced ambition to build a 1,121-qubit processor called IBM Quantum Condor.

CERN QTI, established in June, aims to assess the potential impact of quantum technologies on high-energy physics in the context of the High Luminosity LHC, an upgraded version of today's LHC that's expected to become operational at the end of 2027.

CERN notes that knowledge of quantum physics is not a prerequisite but basic linear algebra is, while familiarity with the Python programming language is beneficial.

Alvarez will walk viewers through the basic concepts of the quantum circuit model, such as qubits, or quantum bit the quantum equivalent of binary bits in conventional computers but which can be in two states simultaneously qubit gates, and measures.

He will also cover important quantum algorithms; the BB84 quantum cryptography protocol for key distribution; applications of quantum computing in the fields of optimization and simulation, and quantum machine learning.

The first lecture offers an introduction to the IBM Quantum Experience, IBM's interface for accessing its actual supercomputers. It also covers what quantum computing is, applications of quantum computing, and the hardware and software for quantum computing.

The second lecture covers one- and two-qubit systems, including BB84, two-bit gates, and the CHSH game. The third moves on to quantum teleportation, superdense coding, and the Deutsch quantum algorithm.

The fifth lecture offers an introduction to D-Wave Leap, the Canadian company's quantum processor that it's selling to companies like Volkswagen as a cloud service. Lecture six offers an introduction to quantum machine learning, while the final lecture will ask what 'quantum supremacy' is.

Google last year argued that its Sycamore chip had achieved quantum supremacy a claim that IBM challenged. Google showed that its chip could measure the output of a random number generator one million times in roughly three minutes, compared with the estimated 10,000 years this would take using a 'classical' computer.

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What's quantum computing? CERN's new free online course offers you the answer - ZDNet

Quantum Computing Is Moving from Theory to Reality – BizTech Magazine

Until recently an abstract concept, quantum computing is gaining notice in several industries, including financial services, manufacturing and logistics.

In June, for example, JPMorgan Chase published data on its experiments using Honeywells quantum technology, describing its efforts to produce a quantum oracle, or to use math to better predict the future. The financial services giant is accessing the technology directly via API, according to Honeywell Quantum Solutions President Tony Uttley, who says the company is interested in tasks such as optimization around trading strategies and fraud detection.

The JPMorgan Chase study, while academic in nature, is being received in computer science and business circles as an exciting development.

Now you can actually start to use real quantum algorithms on real quantum computers, understand how they work, which classes are working better than others, and start to pinpoint those use cases you think are going to be the most profound, Uttley says.

MORE FROM BIZTECH:Get proactive about unauthorized IT in the office.

Instead of the binary 1s and 0s traditional computers use, quantum computing involves quantum bits, or qubits, which can be read as 1s, 0s or both.

That seemingly subtle difference will allow quantum computers to process massive amounts of information, solving drastically more complex problems than a regular computer would be able to in less time in the near future, according to Paul Smith-Goodson, quantum computing analyst with Moor Insights & Strategy.

While quantum usage is still in its early stages, several providers are offering cloud access to the technology, Smith-Goodson says. Its come a long way much faster than what was originally anticipated. A lot of companies are doing experimenting using quantum computing.

MORE FROM BIZTECH:How to escalate and differentiate your customer experience.

IBM has offered cloud access to quantum computers since 2016 via its website-based IBM Quantum Experience; nearly 250,000 people have registered to do so, says Robert Sutor, vice president of IBM quantum ecosystem development.

We have democratized access to quantum computers since the very beginning because we felt it was such a new technology, and we have to get people ready, Sutor says.

Quantum computing still has some distance to go to reach its full potential. For now, error rates are too high, producing what researchers call noise in the data the machines produce.

The more qubits you have, the more noise you generate, he says. To do a really serious type of quantum computing, to model or create a new drug or simulate a very complex chemical, youre going to need millions to billions of qubits. Right now, were just not at the stage where we can scale up to that point because we have limitations with noise.

But the technologys potential is irresistible, and big companies are exploring it. Aerospace company Boeing, for example, is using it to model the movement of air and water over surfaces, and its helping Daimler Mercedes-Benz, in its work to create new lithium car batteries.

In this very short period of time, we have gotten people involved with business use cases: applications like chemistry and looking at how to do some aspect of artificial intelligence better, Sutor says. Financial companies are asking, How do we get the most accurate view of the price of a financial portfolio? People are on track to take better advantage as we create more powerful machines.

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Quantum Computing Is Moving from Theory to Reality - BizTech Magazine

Quantum Computing Market Outlook, Opportunities and Forecasts Report 2020-2026 – The Think Curiouser

The globalQuantum Computing marketwas valued at US$ 81.6 Mn in 2018 and is expected to reach US$ 381.6 Mn in 2026, growing at a CAGR of 21.26% during the forecast period. With COVID-19 pandemic, many industries are transforming rapidly. The Global Quantum Computing Market is one of the major industries undergoing changes. This year many industries have vanished entirely from the market and many industries have risen.

Moreover, the government-backed schemes throughout the globe are offering many advantages to businesses. As the governing bodies are supporting the industries, it is a strong pillar to support the market growth of Quantum Computing in the upcoming decade (2020-2026). Organizations planning to move into new market segments can take the help of market indicators to draw a business plan. With the technological boom, new markets are blossoming across the globe, making it a breeding ground for new businesses.

Request for Sample with Complete TOC and Figures & Graphs @ https://www.alltheresearch.com/sample-request/150

Global Quantum Computing Market 2020: Covering both the industrial and the commercial aspects of the Global Quantum Computing Market, the report encircles several crucial chapters that give the report an extra edge. The Global Quantum Computing Market report deep dives into several parts of the report that plays a crucial role in getting the holistic view of the report. The list of such crucial aspects of the report includes company profile, industry analysis, competitive dashboard, comparative analysis of the key players, regional analysis with further analysis country wise.

Global Quantum Computing Market Analysis by Key Players:

Any questions, Lets discuss with the analyst @ https://www.alltheresearch.com/speak-to-analyst/150

Moreover, one of the uniqueness in the report is that it also covers the country-level analysis of the regulatory scenario, technology penetration, predictive trends, and prescriptive trends. This not only gives the readers of the report the actual real-time insights but also gives country-wise analysis, that plays a vital role in decision making. The inclusion of the report is not limited to the above mention key pointers. The report also emphasizes on the market opportunities, porters five forces, and analysis of the different types of products and application of the Global Quantum Computing Market.

The report splits by major applications:

Then report analyzed by types:

Global Quantum Computing Market Report is a professional and in-depth research report on the worlds major regional market conditions of the Quantum Computing industry, focusing on the main regions and the main countries as Follows:

COVID-19 Impact on Quantum Computing Market:

The outbreak of COVID-19 has brought along a global recession, which has impacted several industries. Along with this impact COVID Pandemic has also generated few new business opportunities for Quantum Computing Market. Overall competitive landscape and market dynamics of Quantum Computing has been disrupted due to this pandemic. All these disruptions and impacts has been analysed quantifiably in this report, which is backed by market trends, events and revenue shift analysis. COVID impact analysis also covers strategic adjustments for Tier 1, 2 and 3 players of Quantum Computing Market.

Get Brief Information on Pre COVID-19 Analysis and Post COVID-19 Opportunities in Quantum Computing Market @ https://www.alltheresearch.com/impactC19-request/150

Table of Contents Includes Major Pointes as follows:

Browse Full Research report along with TOC, Tables & Figures: https://www.alltheresearch.com/report/150/Quantum Computing

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AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that its not just sheer data-points, but the right analysis that creates a difference. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing with the research-firm. Also, same-data-for-all-business roles was making research redundant. We identified these gaps and built AllTheResearch to raise the standards of research support.

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Quantum Computing Market Outlook, Opportunities and Forecasts Report 2020-2026 - The Think Curiouser

For Thomas Searles, a passion for people and science at HBCUs and MIT – MIT News

When Thomas Searles was assigned a book report in the first grade, he initially had trouble choosing a topic. He really didnt like fiction books. After a bit of indecision, he chose to write his report on a book about Black astronauts. Though he didnt realize it at the time, his journey to becoming a physicist at MIT had just begun.

I looked in the book, and there was Ronald E. McNair, who happens to be an MIT alum, randomly; he got his PhD here, Searles says. And it said that he was a laser physicist. So, I said, Well, that's what I'm going to be, because I want to be an astronaut.

Searles is now a member of the 2020-21 Martin Luther King (MLK) Visiting Professors and Scholars Program cohort at MIT. Since 1995, the MLK Scholars Program has brought in a total of 67 visiting professors and 21 visiting scholars from across all academic disciplines. Individuals of any underrepresented minority group are eligible to apply, and scholars are selected for their contributions both to their fields and their potential contributions to MIT.

It's something that was always on my radar as a young Black scientist, Searles said. It was something that was on my five- to 10-year plan.

Searles is currently an associate professor in the Department of Physics at Howard University, a historically Black college and university (HBCU) located in Washington. There, he established a new research program in applied and materials physics. He is also the director of a new academic partnership between IBM and 13 other HBCUs called the IBM-HBCU Quantum Center.

Searles research career began as an undergraduate in mathematics and physics at Morehouse College, a HBCU in Atlanta. Before graduating in 2005, he worked in an optics lab, examining the properties of light and its interactions with matter.

A lot of us had an interest in optics, because that was the only experimental lab that we had at Morehouse at the time, Searles says. So naturally, I applied to graduate schools that were optics-related.

That interest led him to pursue his PhD in applied physics in the Department of Electrical and Computer Engineering at Rice University in Houston, Texas, from which he graduated. Before graduating in 2011, he studied light-matter interactions, and completed a thesis about the magneto-optical properties of carbon nanotubes, tiny cylinders comprised of a single layer of carbon atoms. Carbon nanotubes are extremely strong, lightweight, and electrically conductive, making them promising for a variety of applications.

In 2015, Searles started at Howard University. I wanted to go back and work at an HBCU. I thought of my experience working in the Morehouse optics lab and how they kind of shaped my experience, Searles says. So then I was like, What can I do that's different from everyone else that will also provide opportunities to a lot of Black students? So, I set out to start a terahertz experimental lab, knowing that it was going to be difficult. And it was difficult. But we were able to do it.

In the terahertz spectroscopy lab at Howard University, researchers work with matter that has a large wavelength, and a frequency between several hundred gigahertz and several terahertz. During the first so-called quantum age in the mid-1900s, silicon was the new, exciting material used to develop transistors. Now, researchers in fields like chemistry and physics are on the hunt for the next material to be a platform for a new generation of quantum technologies.

The primary goal is to study materials for new computers, making them either safer, faster, or more secure, Searles says. This whole idea of quantum computing is what we're focusing our lab on, moving towards this idea of quantum advantage.

Quantum computing relies upon the use of quantum materials which have unique electronic and magnetic properties to build faster, stronger, and more powerful computers. Such machines are likely to provide this quantum advantage for new developments in medicine, science, finance, chemistry, and many other fields.

In 2016, Searles met MIT associate professor of physics and Mitsui Career Development Professor in Contemporary Technology Joseph Checkelsky at an event through the National Science Foundation Center for Integrated Quantum Materials.

The idea was to try to find people that we wanted to collaborate and work with, Checkelsky says. And I think I even wrote down in my notepad Thomas' name and put a big underline that I should work with this guy. Searles says the best thing that can ever happen to a spectroscopist like himself is to find a crystal-growth person that provides samples, who you also really vibe with and like as a person. And that person for me has been Joe. The two have been collaborating ever since.

Checkelskys lab works to discover new crystalline materials that enable quantum phenomena. For instance, one material that has previously been of interest to Checkelsky is a kagome crystal lattice, a 2D arrangement of iron and tin molecules. Both Checkelsky and Searles are interested in applying a branch of mathematics called topology to solids, particularly semimetals.

One of the roles Thomas plays is to examine the optical properties of these new systems to understand how light interacts with quantum materials, Checkelsky says. Its not only fundamentally important, it can also be the bridge that connects to new technologies that interfaces light with quantum science.

Searles expertise on the optics side of the research enables him to identify which materials are ideal for further study, while Checkelskys group is able to synthesize materials with certain properties of interest.

It's a cycle of innovation where his lab knows how it can be tested and my lab knows how to generate the material, Checkelsky says. Each time we get through the cycle is another step toward answering questions in fundamental science that can also bring us to new platforms for quantum technology.

Checkelsky nominated Searles for the MLK Scholars Program in hopes of further expanding their academic partnership. He now serves as Searles host researcher through the program.

I hope to extend my collaboration with Joe to not only [explore] this condensed matter, experimental side of my group, but to expand this into Lincoln Laboratory and the quantum information portion that MIT has, Searles says. I think that's critical, research-wise.

In addition to their research goals, Searles and Checkelsky are excited to strengthen the general connection between MIT and Howard.

I think there are opportunities for Thomas to see, for example, the graduate school process in our department, Checkelsky says. Along the same lines, it is a great opportunity for MIT and our department to learn more how to connect to the people and science within HBCUs. It is a great chance for information to flow both ways.

Searles also hopes to encourage more HBCU students to pursue graduate study at MIT. The goal of increasing the number of qualified applicants [from HBCUs] I think that's something that I can measure metrically from the first year, Searles says. And if there's anything that I can do to help with that number, I think that would be awesome.

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For Thomas Searles, a passion for people and science at HBCUs and MIT - MIT News

Global Quantum Computing Technologies Market 2020 Industry Emerging Trend, Top Players, Revenue Insights to 2025 Wall Street Call – Reported Times

iCrowdNewswire Nov 5, 20202:20 AM ET

MarketsandResearch.biz has recently added a new study titled Global Quantum Computing Technologies Market 2020 by Company, Type and Application, Forecast to 2025. The report delivers a set of essential analyses related to the values as well as existing business scenarios available in the respective industry. The report offers a special analysis of the size, patterns, and viewpoint of the global Quantum Computing Technologies market. The report gives the analysis of key market players by throwing lights on shares of each player inside the market, growth rate, and market appeal in various regions/end users. Detailed outlook of the market valuation, market size, regional overview, and profit estimations of the industry is presented. The potential factors that can bring the market to the upward direction have been included in the report.

An Outline of The Major Key Points of The Market Report:

The study allows market players to gather some information on ongoing market developments to critically encourage some growth intensive developments in terms of product expansion, geographical expanse. The report has mentioned accurate market predictions to optimize the desired growth route in the global Quantum Computing Technologies market. Then it studies recent trends and development status, as well as investment opportunities, market dynamics (such as driving factors, restraining factors). It elaborates explanation and information deliverables on key components of the market such as product overview, sectioning details on decisive growth opportunities, development trends as well as growth deterrents, restricting growth worldwide.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

DOWNLOAD FREE SAMPLE REPORT: https://www.marketsandresearch.biz/sample-request/77053

Prominent players covered in this report are: Airbus Group, Intel Corporation, Google Quantum AI Lab, Cambridge Quantum Computing, Alibaba Group Holding Limited, IBM, Nokia Bell Labs, Microsoft Quantum Architectures, Toshiba

By the product type, the market is primarily split into: Software, Hardware, etc.

By the end-users/application, this report covers the following segments: Government, Business, High-Tech, Banking & Securities, Manufacturing & Logistics, Insurance, Other

Geographically, this report studies the top producers and consumers, focusing on product capacity, production, value, consumption, market share, and growth opportunity in these key regions, covering: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)

Growth impacting factors and competitive landscape are showcased with the help of key resources, which include charts, tables, and graphics. The report offers an in-depth evaluation of the marketing strategy portfolio, comprising several marketing channels that manufacturers deploy to validate their products. Additionally, the report also covers the global Quantum Computing Technologies industry concentration rate with reference to raw materials.

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Global Quantum Computing Technologies Industry Study Research Provides:

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This report can be customized to meet the clients requirements. Please connect with our sales team ([emailprotected]), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

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Global Quantum Computing Technologies Market 2020 Industry Emerging Trend, Top Players, Revenue Insights to 2025 Wall Street Call - Reported Times

Quantum Computing Market by Application Analysis, Regional Outlook, Competitive Strategies And Forecast by 2026 – PRnews Leader

Global Quantum Computing Market report provides qualitative and quantitative information covering market size breakdown, revenue, and growth rate by important segments. The Quantum Computing market report provides a competitive landscape of major players with the current industry scenario, market concentration status. The report study explores the information on production, consumption, export, and import of Quantum Computing market in each region.

The global Quantum Computing market was valued at US$ 81.6 Mn in 2018 and is expected to reach US$ 381.6 Mn in 2026, growing at a CAGR of 21.26% during the forecast period.

Request for Sample with Complete TOC and Figures & Graphs @ https://www.alltheresearch.com/sample-request/150

Global Quantum Computing Market Report is a professional and in-depth research report on the worlds major regional market conditions of the Quantum Computing industry, focusing on the main regions and the main countries (United States, Europe, Japan and China).

Global Quantum Computing market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer.

Global Quantum Computing Market Analysis by Key Players:

Any questions, Lets discuss with the analyst @ https://www.alltheresearch.com/speak-to-analyst/150

Based on product type, the report split into

Based on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

COVID-19 Impact on Quantum Computing Market:

The outbreak of COVID-19 has brought along a global recession, which has impacted several industries. Along with this impact COVID Pandemic has also generated few new business opportunities for Quantum Computing Market. Overall competitive landscape and market dynamics of Quantum Computing has been disrupted due to this pandemic. All these disruptions and impacts has been analysed quantifiably in this report, which is backed by market trends, events and revenue shift analysis. COVID impact analysis also covers strategic adjustments for Tier 1, 2 and 3 players of Quantum Computing Market.

Get Brief Information on Pre COVID-19 Analysis and Post COVID-19 Opportunities in Quantum Computing Market @ https://www.alltheresearch.com/impactC19-request/150

Table of Contents Includes Major Pointes as follows:

Browse Full Research report along with TOC, Tables & Figures: https://www.alltheresearch.com/report/150/Quantum Computing

About AllTheResearch:

AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that its not just sheer data-points, but the right analysis that creates a difference. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing with the research-firm. Also, same-data-for-all-business roles was making research redundant. We identified these gaps and built AllTheResearch to raise the standards of research support.

FOR ALL YOUR RESEARCH NEEDS, REACH OUT TO US AT:

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Quantum Computing Market by Application Analysis, Regional Outlook, Competitive Strategies And Forecast by 2026 - PRnews Leader

Bitcoin surges past $15,000, hitting its highest level since January 2018 – CNBC

Bitcoin's price climbed above $15,000 on Thursday, hitting a level not seen since January 2018 amid U.S. presidential election uncertainty.

The world's best-known cryptocurrency was last trading almost 9% higher at a price of $15,233, according to data from industry website CoinDesk.

Bitcoin has been on a tear in 2020, more than doubling in value year-to-date. Its meteoric rise comes on the back of unprecedented stimulus from global governments and central banks during the coronavirus pandemic, which some industry insiders believe has made the virtual currency more attractive than fiat currencies like the dollar.

"Bitcoin's creation was in part due to fears that increased fiscal stimulus is devaluing currencies globally," said Simon Peters, a cryptoasset analyst at investment platform eToro. "As a result, when central banks announce extensive plans to pump money into economies, many investors in the crypto community take this as a major bitcoin buy signal."

Investors are awaiting the latest monetary policy announcement from the Federal Reserve, with the U.S. central bank expected to keep overnight rates close to zero and reiterate the need for more fiscal stimulus.

But lingering uncertainty over the outcome of the 2020 U.S. presidential election means that it's unlikely another coronavirus stimulus package will be agreed upon in the near term.

"With the U.S. election gradually drawing to a close, the detailsof a fiscal stimulus could become clearer. Any such package could see weakening of the U.S. dollar and further increases in the bitcoin price going forward," Peters said.

Meanwhile, analysts have cheered moves from the likes of PayPal and Facebook in the cryptocurrency space lately.

PayPal said it would let its customers buy and sell digital assets like bitcoin and ether through its digital wallet and eventually use them for shopping, while Facebook is developing its libra digital currency with a Switzerland-based consortium called the Libra Association.

Still, regulators continue to scrutinize the cryptocurrency industry. Bitcoin's network doesn't require a central authority to maintain it, and officials have expressed concern with its use in illicit transactions. On Thursday, the U.S. Department of Justice said it had seized $1 billion worth of bitcoin believed to be linked to Silk Road, the now-defunct online black market.

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Bitcoin surges past $15,000, hitting its highest level since January 2018 - CNBC

Bitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on – Cointelegraph

Bitcoin (BTC) hit $15,000 on Nov. 5 as excitement over the U.S. election spilled over from macro markets.

Data from Cointelegraph Markets and TradingView showed BTC/USD tackle the $15,000 barrier repeatedly throughout the day, finally breaking it to post press-time highs of $15,200.

The move seals a hectic day for Bitcoin, which just 24 hours ago traded below $14,000. The last time that BTC/USD saw $15,000 was in early January 2018.

Reacting, many well-known Bitcoin figures noted that it was high time for the largest cryptocurrency to make a decisive move. Macro investor Dan Tapeiro in particular praised the price models of quant analyst PlanB.

Now enterring what is called the moment of realization for #Bitcoin, he tweeted.

As Cointelegraph reported, some expected $15,000 to pose major resistance that would temporarily quash Bitcoins $1,000-plus daily gains.

Others argued that technically, there was very little standing in the way of new all-time highs once Bitcoin overturned resistance at $14,000 and then $14,500.

I have seen this show before, PlanB added, referencing the bull runs of 2013 and 2017.

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Bitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on - Cointelegraph

Update: Bitcoin Aims For $20,000 As Ethereum, Ripples XRP, Chainlink And Litecoin Suddenly Soar – Forbes

Bitcoin has resumed its march higher after seeing some wild swings over the course of the U.S. election, hitting fresh near-three year highs.

[Update: 11:20am EST 11/05/2020] The bitcoin price has smashed through $15,000, up almost 10% in the last 24 hours, climbing to $15,310 per bitcoin on the Luxembourg-based Bitstamp exchange and renewing investor hopes bitcoin could return to its all-time highs of around $20,000, set at the peak of bitcoin-mania in late 2017.

Other top ten cryptocurrencies, including ethereum, Ripple's XRP, chainlink, and litecoin, have also made gains of between 5% and 14%, boosted by bitcoin's strong performance, and adding $125 billion the combined bitcoin and cryptocurrency market capitalization, taking it to over $430 billion.

The bitcoin price has climbed this week, reaching highs not seen since the late 2017 bitcoin bubble ... [+] burst.

"It was important for bitcoin to overcome the resistance area near $12,000," Alex Kuptsikevich, FxPro senior financial analyst, said via email, adding the bitcoin market is now "aiming for $20,000."

"Once it was passed, the coin did not have any significant hurdles to jump to repeat the rally towards $20,000. All obstacles were crushed, and now any news background is perceived as positive for the leading cryptocurrency."

The bitcoin price had fallen sharply as polls closed on Tuesday evening, with early signs showing U.S. president Donald Trump could pull off a polling upset and win the election. Trump is projected to win 23 states, including Texas, Ohio and Florida, outperforming pollsters' predictions.

"Bitcoin has recovered from its post-election drop, crossing the $14,000 level once more," John Kramer, trader at market-maker GSR, said via email, adding that "the U.S. dollar was initially stronger as a Trump victory became a possibility, but has tailed off since then as Bidens numbers improve."

Vote counting is still underway in a handful of key battleground states across the U.S. which will determine the outcome of the electionand the extent of any future stimulus deal.

"We may not know what a post-election stimulus may look like, but investors continue to believe that the U.S. Federal Reserve will keep printing money at a pace that favors bitcoins finite supply," Kramer added.

Bitcoin has a fixed supply of just 21 million bitcoin tokens, something that has put it into sharp contrast with unprecedented government money printing, quantitative easing and stimulus measures launched this year, all designed to offset the economic damage wrought by the coronavirus pandemic.

The bitcoin price has soared toward $15,000, a level not seen since early 2018.

Bitcoin has doubled in price so far this year, finding support from a number of high-profile traditional investors looking to hedge against the inflation they see coming as a result of central bank money printing.

"Bitcoin has proven its extreme resilience during complex geopolitical events and this has come to the fore during the tumultuous U.S. election," Paolo Ardoino, chief technology officer at bitcoin and cryptocurrency exchange Bitfinex, said via email.

"Regardless of the result of the election, it could be said that we are witnessing a growing recognition of bitcoins unique qualities as we adjust to just the sort of challenging times that the worlds biggest cryptocurrency was invented for."

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Update: Bitcoin Aims For $20,000 As Ethereum, Ripples XRP, Chainlink And Litecoin Suddenly Soar - Forbes