Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
8507 stories- Business· MENA
Saudi Arabia and Yemen Sign $150 Million Oil Derivatives Agreement to Address Energy Crisis
Saudi Arabia and Yemen have formalized an agreement to supply $150 million worth of oil derivatives to support Yemen's energy sector. This initiative is triggered by the ongoing energy crisis in Yemen, which has been worsened by years of conflict and economic instability. The long-term implication is that this agreement may enhance regional energy security and stability, potentially influencing investor confidence in the Gulf Cooperation Council states.
8 sourcesJun 12Low
- Business· MENA
Riyadh Air launches inaugural flight to London marking entry into competitive aviation market
Riyadh Air has operated its first flight from King Khalid International Airport to London Heathrow. This launch is part of the airline's gradual expansion strategy, backed by the Saudi Public Investment Fund, amidst regional disruptions in the aviation sector. As Riyadh Air continues to grow its fleet and routes, it is likely to reshape travel dynamics and competition in the Middle Eastern aviation market.
4 sourcesJun 12Low
- Economy· MENA
Gold prices in Egypt hit six-month low amid renewed military tensions in the Middle East
Gold prices in Egypt have fallen over 2% in a single day, reaching their lowest level in six months. This decline is triggered by renewed military confrontations in the region, creating uncertainty in the markets. The long-term implication suggests that ongoing geopolitical tensions may lead to further instability in gold prices and market reactions across the Middle East.
3 sourcesJun 12Low
- Economy· MENA
Saudi Arabia projected to lead regional GDP growth with 3.1% increase in 2026
Saudi Arabia's GDP is expected to grow by 3.1% in 2026, driven by both oil and non-oil activities. This growth is occurring now due to significant investments in clean industries, with opportunities valued at $642 billion. Long-term, this positions Saudi Arabia as a leader in sustainable economic development and clean energy initiatives in the region.
3 sourcesJun 12Low
- Business· World
Perplexity AI announces IPO plans for 2028 amid competitive landscape
Perplexity has confirmed its intention to pursue an IPO in 2028. This decision comes as the company chooses to remain independent of the market performance of upcoming IPOs from competitors like OpenAI and Anthropic. The long-term implication is that Perplexity's steadfast commitment may influence investor sentiment and set a precedent for future AI startups entering the public market.
4 sourcesJun 12Low
- Crypto· World
Ripple Enhances XRP Ledger Security with Formal Verification for Lending Protocol
Ripple's XRP Ledger lending protocol has entered formal verification to enhance security and identify potential flaws. This initiative is occurring now due to the need for robust security measures before the protocol's activation for users. The long-term implication is an increase in institutional confidence in the XRP Ledger ecosystem as it prepares for broader adoption in decentralized finance.
3 sourcesJun 12Low
- Crypto· World
Institutional Investors Increase Bitcoin Accumulation Amid Price Drop
Institutional investors are actively purchasing Bitcoin as its price falls to around $65,000. This trend is driven by the perception of the price decline as a buying opportunity, with large investors like family offices and sovereign funds undeterred by market volatility. The long-term implication suggests a strengthening confidence in Bitcoin as a viable asset class, potentially stabilizing the market and attracting further investments.
3 sourcesJun 12Low
- Crypto· World
Circle launches cirBTC token to integrate Bitcoin into DeFi on Ethereum
Circle has introduced cirBTC, a new token on the Ethereum blockchain that allows Bitcoin holders to utilize their assets in decentralized finance without selling them. This launch is driven by the need to enhance Bitcoin's utility in DeFi and to compete with existing wrapped Bitcoin offerings. In the long term, cirBTC could significantly increase Bitcoin's adoption in DeFi ecosystems and lead to the development of new financial products in the crypto space.
3 sourcesJun 12Low
- Crypto· World
Over 200 organizations push U.S. Senate for vote on CLARITY Act to regulate cryptocurrency
More than 200 cryptocurrency organizations are urging the U.S. Senate to vote on the CLARITY Act, which aims to establish clearer regulations for digital assets. This push is driven by the industry's urgent need for regulatory clarity and protections for blockchain developers. If passed, the Act could significantly reshape the regulatory landscape for cryptocurrencies in the U.S., influencing how digital assets are managed and developed in the future.
3 sourcesJun 12Low
- Crypto· World
Ethena partners with Janus Henderson to enhance DeFi offerings
Ethena has formed a strategic partnership with Janus Henderson to diversify its USDe reserve portfolio by incorporating tokenized collateralized loan obligations. This collaboration is occurring now as traditional asset managers increasingly explore decentralized finance solutions. The long-term implication is a potential shift in the asset management landscape, leading to greater integration of DeFi products within institutional finance.
3 sourcesJun 12Low
- Business· World
Nuvei in Advanced Negotiations to Acquire Payoneer for $2.7 Billion
Nuvei is reportedly in advanced talks to acquire Payoneer for approximately $2.7 billion. This significant move is occurring now as Nuvei seeks to enhance its capabilities in the competitive cross-border payments sector. If finalized, the acquisition could reshape the landscape of global financial connectivity and set a precedent for future mergers in the payments industry.
3 sourcesJun 12Low
- Crypto· World
U.S. Senate Urged to Pass CLARITY Act for Cryptocurrency Regulation
A coalition of 61 cryptocurrency leaders is advocating for the passage of the CLARITY Act to provide regulatory clarity for developers. This push is occurring now as over 200 crypto firms emphasize the urgency of establishing specific protections before an upcoming August deadline. The long-term implication could significantly shape the regulatory landscape for cryptocurrency in the U.S., influencing innovation and security in the sector.
3 sourcesJun 12Low
- Crypto· World
XRP price drops below critical support level amid heavy selling pressure
XRP's price has fallen below $1.13, indicating a significant decline in the cryptocurrency market. This selloff is triggered by traders' concerns over the upcoming XRPL upgrade and XRP's inability to maintain key support levels. If XRP fails to reclaim the $1.150 resistance, it may continue to decline towards the psychological barrier of $1.00, impacting trader sentiment and market stability.
4 sourcesJun 12Low
- Crypto· World
Trump family profits $2.3 billion from cryptocurrency ventures amid investor losses
An investigation has revealed that the Trump family has profited approximately $2.3 billion from four major cryptocurrency ventures, while investors in these projects have collectively lost a similar amount. This situation has arisen due to the ongoing scrutiny of the Trump family's financial dealings in the crypto space, particularly linked to a significant $1.5 billion deal with World Liberty Financial. The long-term implication may involve increased regulatory attention and a shift in investor behavior towards caution in high-profile cryptocurrency investments.
3 sourcesJun 12Low
- Crypto· World
H Token of Humanity Protocol Plummets 90% After $32 Million Theft
On June 9, 2026, the H token of Humanity Protocol experienced a catastrophic decline of nearly 90% following a significant security breach that resulted in the theft of private keys and a loss of approximately $32 million. This incident is occurring now due to the increasing targeting of cryptocurrency platforms by cybercriminals, highlighting vulnerabilities in their security protocols. In the long term, this may lead to heightened regulatory scrutiny and demands for stronger security measures across the cryptocurrency industry.
9 sourcesJun 12Moderate
- Crypto· World
Ripple partners with Water.org to fund safe water access using RLUSD stablecoin
Ripple has announced a partnership with Water.org to utilize its RLUSD stablecoin for funding initiatives aimed at improving access to safe water in emerging markets. This collaboration is occurring now as Ripple seeks to enhance the efficiency of charitable funding amidst ongoing market pressures on XRP, which is currently trading near $1.11. The long-term implication of this initiative could reshape the landscape of charitable funding through cryptocurrency, potentially influencing future partnerships in the sector.
3 sourcesJun 12Low
- Crypto· World
SBI Shinsei Bank to Launch Cryptocurrency Rewards Pilot Program for Depositors
SBI Shinsei Bank has announced a pilot program allowing customers to convert 20% of their deposit interest into cryptocurrency rewards starting June 10, 2026. This initiative is driven by the bank's strategy to integrate digital assets into traditional banking, reflecting a growing trend in the financial sector. The long-term implication may lead to increased mainstream adoption of cryptocurrencies in Japan's financial landscape.
3 sourcesJun 12Low
- Crypto· World
XRP Faces Market Capitulation as Holders Sell at Losses
XRP holders are experiencing significant capitulation, leading to a decline in the Realized Profit-to-Loss Ratio to its lowest level since 2024. This trend is occurring as investor confidence wanes amidst ongoing price drops and decreased network activity. If current trends continue, XRP may be nearing a bottom, potentially setting the stage for a future recovery.
4 sourcesJun 12Low
- Crypto· World
XRP transaction fees drop by 91.5% amid declining network demand
XRP transaction fees have plummeted by 91.5% due to a sharp decline in network demand. This significant decrease indicates a troubling trend for the network's activity and investor profitability, leading traders to focus on key price support levels. If XRP cannot attract renewed interest and increase transaction volume, it may struggle to maintain its position in the cryptocurrency market, potentially leading to further price declines.
3 sourcesJun 12Low
- Crypto· World
Negotiations on the CLARITY Act stall in the Senate amid pressure from crypto firms
Negotiations on the CLARITY Act have hit a roadblock, causing disappointment among Democratic senators. The immediate cause is the retraction of previously agreed-upon elements by Republican senators, complicating the bill's progress. As midterm elections approach, the urgency for legislative action on the bill is likely to increase, but ongoing political dynamics may continue to pose challenges.
3 sourcesJun 12Low