Home / Forex News /Biggest Movers: LINK Nears 2-Week High, SOL Extends Recent Gains

Biggest Movers: LINK Nears 2-Week High, SOL Extends Recent Gains

24 Nov 2022

The former FTX CEO Sam Bankman-Fried (SBF) says he plans to speak with Andrew Ross Sorkin at the annual New York Times Dealbook Summit on Nov. 30, according to a tweet he published on Nov. 23. SBF’s tweet received quite a bit of response and its unconfirmed as to whether or not the former FTX executive will appear in person or virtually.

Following the highly criticized New York Times (NYT) article about Sam Bankman-Fried sleeping better and playing video games, one person jokingly tweeted that day and said if SBF planned on attending this year’s Dealbook Summit he would “definitely [be] dropping by.” Coincidently, SBF is still listed to attend the conference, and according to a tweet SBF made on Wednesday, he plans to speak at the event.

“I’ll be speaking with [Andrew Ross Sorkin] at the @dealbook summit next Wednesday (11/30),” the former FTX CEO tweeted. Immediately after SBF published the tweet, he was criticized for being able to attend the NYT event.

New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit

The Twitter account @wsbchairman asked: “How did this dude steal billions of dollars and is now speaking at a summit as a free man?” One person replied to SBF and said that Bernie Madoff wasn’t so lucky when the Twitter account @fintwit said:

In 2008, Bernie Madoff was arrested within 24 hours of his fraud being revealed. In 2022, Sam Bankman-Fried will be attending the NYTimes Dealbook Summit after his fraud was revealed.

SBF’s tweet got a great number of harsh responses and people asking why the former FTX CEO was allowed to speak at such an event. According to the NYT Dealbook Summit event schedule, other conference speakers include Meta CEO Mark Zuckerberg, Tiktok CEO Shou Chew, U.S. Treasury secretary Janet Yellen, Ukraine president Volodymyr Zelensky, and former vice president of the United States Mike Pence.

Since Sam Bankman-Fried launched the company FTX, he spent or pledged hundreds of millions of dollars he stole from a million people, in political and charitable contributions, consulting fees, investments in media outlets and real estate.

There @dealbook, fixed it for you. https://t.co/eh3UrGh889

— Alex Krüger ????? (@krugermacro) November 23, 2022

The event on Nov. 30 will be hosted by the NYT columnist and Dealbook founder Sorkin. “Every year, we bring together the most consequential people at the intersection of business, policy, and culture that are impacting society,” Sorkin is quoted as saying on the event website.

SBF’s tweets are also set to a unique privacy setting, and only people SBF follows or mentions in his tweets can reply. One individual who could reply to SBF’s tweet, longtime bitcoiner Bruce Fenton, said there would be a few topics that he thought people would like to hear.

New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit

“Would be good to hear: When/how you decided to take client funds [and] use them as collateral for loans – this is the key issue much more than margin issues [and] is being brushed off,” Fenton said to SBF. “More on the political donations process [and] what those conversations are like behind closed doors,” Fenton added.

SBF is also featured in a Dealbook NYT article called: “Inside Sam Bankman-Fried’s Quest to Win Friends and Influence People.” According to the Dealbook Twitter account, the article talks about SBF’s “philanthropic arm” and “charitable contributions.” Dealbook’s tweet was also filled with a great number of people who disapproved of the way the NYT was reporting on SBF.

One individual wrote: “Sam Bankman-Fried is a criminal who stole billions from his customers.”

What do you think about SBF speaking at the NYT Dealbook conference? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

The former FTX CEO Sam Bankman-Fried (SBF) says he plans to speak with Andrew Ross Sorkin at the annual New York Times Dealbook Summit on Nov. 30, according to a tweet he published on Nov. 23. SBF’s tweet received quite a bit of response and its unconfirmed as to whether or not the former FTX executive will appear in person or virtually.

Following the highly criticized New York Times (NYT) article about Sam Bankman-Fried sleeping better and playing video games, one person jokingly tweeted that day and said if SBF planned on attending this year’s Dealbook Summit he would “definitely [be] dropping by.” Coincidently, SBF is still listed to attend the conference, and according to a tweet SBF made on Wednesday, he plans to speak at the event.

“I’ll be speaking with [Andrew Ross Sorkin] at the @dealbook summit next Wednesday (11/30),” the former FTX CEO tweeted. Immediately after SBF published the tweet, he was criticized for being able to attend the NYT event.

New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit

The Twitter account @wsbchairman asked: “How did this dude steal billions of dollars and is now speaking at a summit as a free man?” One person replied to SBF and said that Bernie Madoff wasn’t so lucky when the Twitter account @fintwit said:

In 2008, Bernie Madoff was arrested within 24 hours of his fraud being revealed. In 2022, Sam Bankman-Fried will be attending the NYTimes Dealbook Summit after his fraud was revealed.

SBF’s tweet got a great number of harsh responses and people asking why the former FTX CEO was allowed to speak at such an event. According to the NYT Dealbook Summit event schedule, other conference speakers include Meta CEO Mark Zuckerberg, Tiktok CEO Shou Chew, U.S. Treasury secretary Janet Yellen, Ukraine president Volodymyr Zelensky, and former vice president of the United States Mike Pence.

Since Sam Bankman-Fried launched the company FTX, he spent or pledged hundreds of millions of dollars he stole from a million people, in political and charitable contributions, consulting fees, investments in media outlets and real estate.

There @dealbook, fixed it for you. https://t.co/eh3UrGh889

— Alex Krüger ????? (@krugermacro) November 23, 2022

The event on Nov. 30 will be hosted by the NYT columnist and Dealbook founder Sorkin. “Every year, we bring together the most consequential people at the intersection of business, policy, and culture that are impacting society,” Sorkin is quoted as saying on the event website.

SBF’s tweets are also set to a unique privacy setting, and only people SBF follows or mentions in his tweets can reply. One individual who could reply to SBF’s tweet, longtime bitcoiner Bruce Fenton, said there would be a few topics that he thought people would like to hear.

New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit

“Would be good to hear: When/how you decided to take client funds [and] use them as collateral for loans – this is the key issue much more than margin issues [and] is being brushed off,” Fenton said to SBF. “More on the political donations process [and] what those conversations are like behind closed doors,” Fenton added.

SBF is also featured in a Dealbook NYT article called: “Inside Sam Bankman-Fried’s Quest to Win Friends and Influence People.” According to the Dealbook Twitter account, the article talks about SBF’s “philanthropic arm” and “charitable contributions.” Dealbook’s tweet was also filled with a great number of people who disapproved of the way the NYT was reporting on SBF.

One individual wrote: “Sam Bankman-Fried is a criminal who stole billions from his customers.”

What do you think about SBF speaking at the NYT Dealbook conference? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards

Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.

Chainlink rallied to a 12-day high earlier in today’s session, as the token neared the $7.00 level. The move comes as prices rose for a fourth straight session, climbing by over 5% on Thursday. Solana has been another notable gainer, as prices closed in on a ten-day high.

Chainlink (LINK ) rose for a fourth straight session on Thursday, with the token nearing a 12-day high in the process.

Following a low of $6.37 on Wednesday, LINK/USD surged to an intraday peak of $6.84 earlier in the day.

The surge in price saw chainlink move to its highest level since November 12, when price was above $7.00.

Looking at the chart, bulls appear to be targeting a move back above this point, with a ceiling of $7.15 a potential landing spot.

In order to get there, bullish momentum will need to first overcome a resistance of 50.00, on the relative strength index (RSI).

Should this occur, LINK willy likely move above $7.00, en route to the $7.15 price target.

Solana (SOL) was once again in the green, as the token continues to move away from a recent all-time low.

SOL/USD, which was a top 10 cryptocurrency prior to the FTX collapse, hit an intraday high of $14.85 earlier today.

As a result of today’s surge, solana was trading at its strongest point since November 15, when price was last above $15.00.

Earlier gains have somewhat declined, with previous bulls moving to secure gains as the RSI hovered near a resistance point.

Honing in on the chart, the index is currently tracking at 35.96, which is marginally below a key ceiling of 37.00.

Volatility in the markets remains high, as traders continue to move away from projects and tokens which may have high exposure to FTX, and Alameda.

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Tags in this story
Analysis, Chainlink, LiNK, SOL, Solana

Could solana return to the top 10 crypto list before the end of the year? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons, sdx15 / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

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