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· World
SpaceX announces record-setting IPO targeting $75 billion for June 2026
SpaceX has revealed plans for its initial public offering (IPO) scheduled for June 12, 2026, aiming to raise a historic $75 billion. The immediate trigger for this announcement is the company's strategic decision to set a fixed share price of $135, deviating from traditional IPO practices. If successful, this IPO could significantly transform the space economy and stimulate further investments in space-related technologies.
6 sourcesJun 9Very High
- Economy· World
Oil Prices Increase Due to Rising Tensions Between Iran and Israel
Oil prices have risen as hostilities between Iran and Israel escalate, with Brent crude futures reaching $94.38 per barrel. This increase is driven by market concerns over potential disruptions to oil supply amid renewed conflict, despite a temporary ceasefire facilitated by U.S. diplomatic efforts. Long-term, the ongoing instability in the region is likely to keep oil prices volatile and could impact global energy markets significantly.
28 sourcesJun 9Moderate
- Economy· World
Asian Stocks Rally Amid U.S.–Iran Deal Optimism and AI Surge
On June 8, 2026, Asian stock markets rebounded significantly, driven by renewed optimism surrounding a potential U.S.–Iran agreement and a surge in artificial intelligence stocks. This positive shift in market sentiment was triggered by easing geopolitical tensions and a drop in oil prices, as indicated by U.S. President Trump's comments on ongoing discussions with Tehran. In the long term, this rally may lead to increased investment in technology sectors across Asia, influencing global market dynamics.
9 sourcesJun 9Low
- Economy· World
Surge in Airline Fuel Costs Linked to Ongoing Conflict in Iran
Airline fuel costs have surged by 78% over the past year due to the war in Iran. This dramatic increase is prompting airlines to warn of potential fare hikes, which could further strain household budgets already affected by inflation. As geopolitical tensions persist, travelers should prepare for continued financial challenges and rising airfares in the near future.
3 sourcesJun 9Low
- Economy· MENA
Oil Prices Rise Following Military Escalation Between Iran and Israel
On June 8, 2026, oil prices surged as hostilities escalated between Iran and Israel, with Israel conducting military strikes against Iranian targets. This increase in conflict was triggered by Israel's expansion of military actions and Iran's retaliatory missile launches, raising fears of disruptions in oil shipments through the Strait of Hormuz. The long-term implication is a potential volatility in global oil markets and increased geopolitical tensions in the region, prompting calls for renewed diplomatic efforts to stabilize the situation.
7 sourcesJun 8High - Economy· World
US dollar reaches two-month high amid interest rate hike speculation
The US dollar has surged to a two-month peak as investors anticipate a potential interest rate hike by the Federal Reserve. This shift is driven by a strong US jobs report that has bolstered confidence in the Fed's monetary policy. In the long term, this trend may lead to tighter financial conditions globally, affecting various markets including cryptocurrencies.
4 sourcesJun 8Low
- Economy· World
German factory orders decline by 3.8% amid Iran war and rising energy costs
German factory orders fell by 3.8% in April, reversing previous gains and raising concerns about the economic outlook for Germany. This decline is attributed to the ongoing Iran war and increasing energy costs, which are straining the manufacturing sector. If these trends continue, Germany may face significant economic challenges, potentially leading to a contraction in the second quarter and impacting the broader European economy.
3 sourcesJun 8Low
- Economy· World
Saudi Arabia's Waqf Model Advocated for Global Adoption at Istanbul Summit
Abdullah Saleh Kamel called for the global adoption of Saudi Arabia's waqf model during the 3rd Global Islamic Economy Summit in Istanbul. This push is driven by the recognition of waqf institutions as essential for sustainable development and the need for legislative support in various countries. The long-term implication may lead to increased international collaboration and innovative financial models addressing global economic challenges.
3 sourcesJun 8Low
- Economy· World
Gold prices decline amid strong U.S. job data and inflation concerns
Gold prices have dropped significantly, indicating a potential weekly loss. This decline is triggered by robust U.S. employment figures that heighten expectations for interest rate hikes, alongside rising inflation and geopolitical tensions in the Middle East. The long-term implication suggests that investors may face increased volatility as they navigate the impacts of economic data and ongoing geopolitical instability.
3 sourcesJun 8Low
- Business· MENA
Riyadh Air receives first two Boeing 787-9 Dreamliners marking a milestone in Saudi aviation expansion
Riyadh Air has taken delivery of its first two custom-built Boeing 787-9 Dreamliners. This delivery is a crucial step in the airline's strategy to enhance Riyadh's status as a global aviation hub. The long-term implication is that Riyadh Air is poised to significantly expand its services and routes, contributing to increased tourism and business travel to Saudi Arabia.
3 sourcesJun 8Low
- Business· World
Securitize Receives SEC Approval for SPAC Merger and NYSE Listing
Securitize has received SEC approval for its SPAC merger with Cantor Equity Partners II, allowing it to proceed with its public listing on the NYSE. This regulatory clearance comes as part of a broader trend of increasing acceptance of tokenization in traditional financial markets. The successful merger could encourage more tokenization firms to pursue public market entries, potentially reshaping the financial landscape.
3 sourcesJun 8Low
- Business· World
Major US banks to launch tokenized deposit network in 2027
JPMorgan, Citi, and other major banks have announced plans to introduce a tokenized deposit network by 2027. This initiative is driven by the need to counter the growing competition from stablecoin companies. The long-term implication is a potential transformation of the financial services landscape as traditional banks adopt blockchain technology to enhance transaction efficiency and security.
3 sourcesJun 8Low
- Crypto· World
Forward Industries Deposits $31.87 Million in Solana to Coinbase Prime Amid Market Challenges
Forward Industries has deposited 455,784 SOL, valued at approximately $31.87 million, to Coinbase Prime after a month of inactivity. This strategic move comes as the company grapples with significant unrealized losses of about $1.13 billion on its Solana holdings due to a bearish market. The long-term implication may involve increased scrutiny of Forward Industries' treasury strategy and its potential impact on Solana's price stability.
3 sourcesJun 8Low
- Crypto· World
Cryptocurrency market faces significant downturn as Bitcoin and Ethereum hit critical lows
The cryptocurrency market is experiencing a downturn, with Ethereum falling below $1,600 and Bitcoin dropping to a four-month low of $61,383. This volatility is triggered by analysts warning of potential further declines for Bitcoin as it approaches critical support levels, compounded by a recent vulnerability in Zcash affecting market sentiment. Long-term implications suggest traders should remain vigilant for additional market corrections as these cryptocurrencies test their support thresholds.
3 sourcesJun 8Low
- Crypto· World
Visa tests private stablecoin settlements with Brale on Canton Network
Visa has tested stablecoin settlement using Brale's SBC token on the Canton Network. This initiative is occurring now as the global stablecoin market has surpassed $300 billion, reflecting a significant interest in blockchain technology for secure financial transactions. The long-term implication could be a broader adoption of private blockchain solutions in institutional finance, enhancing transaction privacy and security.
3 sourcesJun 8Low
- Business· World
Coinbase launches mortgage product allowing Bitcoin and USDC as collateral
Coinbase has introduced a mortgage product that enables homebuyers to use Bitcoin and USDC as collateral for loans, marking a significant shift in real estate financing. This initiative, backed by Fannie Mae, is driven by the need to provide crypto holders with alternative financing options amid traditional mortgage challenges. The long-term implication could be a broader acceptance of cryptocurrency in real estate transactions, potentially reshaping the industry landscape.
3 sourcesJun 8Low
- Crypto· World
Strategy's leveraged Bitcoin model faces significant market pressure
Strategy's recent sale of 32 Bitcoin has triggered a 16% drop in Bitcoin prices, raising concerns about the sustainability of its leveraged model. This event is occurring now due to the financial strain on the company, which has led to diminished investor confidence and calls for potential further sales. In the long term, this could result in a shift towards diversifying Bitcoin holdings across corporate balance sheets, impacting the broader cryptocurrency market dynamics.
3 sourcesJun 8Low
- Crypto· World
Ethereum's price drops below $1,600 amid market selloff
Ethereum's price has fallen below $1,600 for the first time since April 2025, marking a significant decline in the cryptocurrency market. This downturn is triggered by long liquidations, ETF outflows, and adverse macroeconomic conditions affecting investor sentiment. Analysts warn that if the bearish trend continues, Ethereum could potentially drop to $1,000, indicating a challenging outlook for the cryptocurrency sector.
3 sourcesJun 8Moderate
- Business· World
Switch seeks over $50 billion in funding amid rising data infrastructure demand
Switch is negotiating to raise billions of dollars at a valuation of at least $50 billion. This fundraising effort is driven by strong investor interest in the data infrastructure market, particularly from private equity firms. If successful, this could position Switch as a leading player in the rapidly expanding data center industry.
3 sourcesJun 8Low
- Crypto· World
Forward Industries transfers $31.9 million in Solana to Coinbase Prime amid market downturn
Forward Industries has moved approximately 455,784 SOL, valued at $31.9 million, to Coinbase Prime, raising concerns about potential selling pressure in the cryptocurrency market. This transfer occurs as the company faces significant losses on its Solana investments, estimated at over $1 billion. The long-term implication may involve increased volatility in Solana's price as major holders adjust their positions in response to market conditions.
4 sourcesJun 8Low