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- Crypto· World
Major U.S. Banks Launch Tokenized Deposit Network to Compete with Stablecoins
America's largest banks are planning a joint tokenized deposit network to compete with stablecoins. This initiative is a response to increasing competition from crypto firms and aims to provide a regulated alternative to stablecoins. Set to launch in 2027, this network could redefine the competitive landscape between traditional banks and cryptocurrency firms.
3 sourcesJun 8Low
- Crypto· World
Ethereum Tests Critical Support Levels Amid Intensifying Selling Pressure
Ethereum is currently struggling to maintain its price above critical support levels, with trading below $1,800. This situation is driven by persistent selling pressure and bearish market sentiment, raising concerns about potential further declines if key support at $1,550 and $1,400 fails. The long-term implication suggests that traders should prepare for increased volatility and a possible prolonged bearish trend unless significant resistance levels are reclaimed.
3 sourcesJun 8Low
- Crypto· World
Cryptocurrency market experiences largest drop since FTX collapse
Bitcoin and Ethereum have suffered their largest weekly declines since the FTX collapse, resulting in a combined market capitalization loss of $390 billion. This downturn is triggered by a significant sell-off as investors shift their focus away from cryptocurrencies amid growing volatility. In the long term, this may lead to increased scrutiny and potential regulatory changes affecting the cryptocurrency landscape.
3 sourcesJun 8High
- Crypto· MENA
Greece proposes 15% capital gains tax on cryptocurrencies
Greece has proposed a 15% tax on cryptocurrency capital gains. This initiative is part of the Finance Ministry's efforts to regulate digital assets and close the tax gap. If successful, this move could position Greece as a more attractive destination for cryptocurrency investors and influence similar regulatory approaches in other countries.
3 sourcesJun 8Low
- Crypto· World
U.S. Bitcoin ETFs face record outflows amid investor uncertainty
The U.S. Bitcoin ETF market has experienced unprecedented outflows totaling approximately $4.4 billion over a 13-day period. This significant withdrawal is driven by investor uncertainty stemming from broader market volatility and macroeconomic challenges. The modest inflow of $3.05 million on June 5, 2026, may indicate a potential shift in sentiment, but ongoing economic uncertainties could continue to impact investor behavior in the near future.
5 sourcesJun 8Low
- Crypto· World
Bitcoin ETFs face record outflows as investors shift to AI investments
BlackRock's Bitcoin ETF saw a $214 million outflow in a single day, marking a significant shift in investor sentiment. This trend is driven by institutional investors taking profits amidst a 20% decline in Bitcoin's price since mid-May. The long-term implication suggests continued pressure on Bitcoin as capital increasingly flows towards AI-related investments.
4 sourcesJun 8Low
- Business· World
AirTrunk announces $30 billion investment in Indian data centers
AirTrunk has committed to a $30 billion investment in India to develop data centers. This move is triggered by the increasing demand for AI and cloud services in the region, supported by Blackstone's financial backing. The long-term implication is that this investment will significantly enhance India's digital infrastructure and position it as a key player in the global technology market.
3 sourcesJun 8Low
- Economy· World
China allows banks to raise interest rates on US dollar deposits to manage yuan strength
China's banks have been permitted to increase interest rates on corporate US dollar deposits. This decision is aimed at curbing the appreciation of the yuan, which has been affecting exporters. The long-term implication may involve shifts in corporate currency conversion practices and potential impacts on global liquidity and cryptocurrency demand.
3 sourcesJun 8Low
- Economy· World
Eurozone GDP contracts by 0.2% amid geopolitical tensions
The Eurozone's economy has contracted by 0.2% in the first quarter of 2026. This decline is primarily driven by significant economic downturns in Ireland and France, exacerbated by ongoing geopolitical tensions related to the conflict in Iran. The long-term implication suggests a continued uncertain economic outlook for the Eurozone as external pressures may hinder recovery efforts.
4 sourcesJun 8Low
- Business· World
PwC Cuts Partner Payouts Amid Evergrande Audit Fallout
PwC has announced a halt to partner payouts in Hong Kong due to financial repercussions stemming from the Evergrande audit scandal. This decision is triggered by the firm's exposure to fines and lawsuits related to its auditing practices, reflecting ongoing challenges in the industry. The long-term implication may lead to increased regulatory scrutiny and potential reforms in auditing standards as firms adapt to heightened expectations from investors and regulators.
3 sourcesJun 8Low
- Crypto· World
Bitcoin Faces Significant Decline as Investors Shift to AI Stocks
Bitcoin's value has declined sharply, marking its worst start to a year in over a decade. This shift is driven by investors reallocating billions from cryptocurrencies to artificial intelligence and semiconductor stocks. The long-term implication suggests that unless Bitcoin adapts to these changing market dynamics, it may continue to struggle in attracting investment.
3 sourcesJun 8Low
- Business· World
SpaceX Launches IPO Roadshow with Major Event at JPMorgan
SpaceX has initiated its IPO roadshow with a significant event hosted by JPMorgan, showcasing its anticipated $75 billion valuation. The event was triggered by heightened investor interest in Musk's vision for the future of space exploration, as highlighted by JPMorgan CEO Jamie Dimon's praise. This IPO could lead to increased investment in the aerospace sector and further advancements in space technology.
3 sourcesJun 8Low
- Crypto· World
Bitcoin price drops below $60,000 amid regulatory concerns and market sell-offs
Bitcoin's price has fallen to approximately $59,000, marking the lowest level since October 2024. This decline is triggered by significant selling activity from major holders and growing concerns over U.S. regulatory policies and interest rate hikes. The long-term implication suggests that the cryptocurrency market may face further challenges and volatility as traders monitor key support levels and regulatory developments.
6 sourcesJun 8High
- Business· World
Lululemon cuts annual sales forecast amid declining North American sales
Lululemon Athletica Inc. has revised its full-year sales guidance downward due to slumping sales and product missteps. This shift is occurring now as the company faces significant headwinds that have negatively impacted its stock, with only one analyst maintaining a buy rating. In the long term, Lululemon must innovate and improve its product strategy to regain investor confidence and stabilize its market position.
3 sourcesJun 8Low
- Business· World
Revolut plans secondary share sale valuing company at $115 billion
Revolut is considering a secondary share sale that could value the company at $115 billion. This decision follows the fintech firm's recent acquisition of a UK bank license and its application for a banking charter in the US. As Revolut expands its regulatory approvals and services, it is likely to reshape the competitive landscape of the financial industry.
4 sourcesJun 8Low
- Economy· World
Nasdaq faces largest decline since early 2025 amid tech sell-off
The Nasdaq has experienced its most significant drop since early 2025, primarily driven by a sell-off in technology stocks, especially in the semiconductor sector. This downturn was triggered by a stronger-than-expected U.S. jobs report, which raised concerns about sustained high borrowing costs. In the long term, this volatility may lead investors to reassess their strategies in the tech sector as economic conditions evolve.
3 sourcesJun 8Moderate
- Business· World
SpaceX allocates 25% of $75 billion IPO to retail investors
SpaceX has announced that it will offer 25% of its anticipated $75 billion IPO to retail investors, marking a significant shift in IPO practices. This decision is driven by a desire to democratize access to high-profile investments and has attracted attention from major financial institutions. The long-term implication could lead to a trend where more companies adopt similar strategies in their public offerings, reshaping market dynamics.
3 sourcesJun 8Low
- Business· World
Apollo Global Management withdraws from $2 billion takeover of Bodycote
Apollo Global Management has decided not to pursue a firm $2 billion takeover offer for Bodycote. This decision comes after significant market interest in the acquisition discussions, which ultimately did not lead to a firm offer. The long-term implication may see Bodycote exploring alternative strategic options or partnerships while Apollo's future acquisition strategies remain uncertain.
3 sourcesJun 8Low
- Business· World
Marvell Technology and Flex Ltd. to Join S&P 500 Index Amid AI Growth
Marvell Technology Inc. and Flex Ltd. will be added to the S&P 500 index as part of its quarterly rebalance. This inclusion is driven by the recent surge in profitability linked to advancements in artificial intelligence. The long-term implication suggests that as AI continues to influence the tech sector, more companies may seek similar recognition and investor interest.
3 sourcesJun 8Low
- Business· World
SpaceX's Early Inclusion in S&P 500 Denied by S&P Dow Jones Indices
S&P Dow Jones Indices has rejected SpaceX's request for early entry into the S&P 500, delaying its inclusion by at least a year. This decision is driven by the index's stringent eligibility criteria, which SpaceX and other mega-cap IPOs currently do not meet. The long-term implication may lead to a reevaluation of how mega-cap companies approach public offerings and their strategies for attracting passive investment inflows.
6 sourcesJun 8Low