
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
8518 stories- Crypto· World
Bitcoin tests critical $60,000 support level amid market selloff
Bitcoin's price has dropped sharply, approaching the $60,000 support level amidst a broader market selloff. This significant decline has resulted in over $1.2 billion in liquidations, primarily affecting long traders. The immediate future for Bitcoin hinges on its ability to maintain support at this level, with potential for deeper corrections or a rebound towards higher resistance levels depending on market behavior.
3 sourcesJun 7Moderate
- Crypto· World
Bitcoin's price drop triggers over $1.57 billion in liquidations across cryptocurrency market
Bitcoin fell below $60,000, leading to massive liquidations in the market. This sell-off was triggered by heightened volatility and bearish sentiment among traders. The long-term implication suggests that market participants should remain cautious as they navigate potential fluctuations in the cryptocurrency landscape.
4 sourcesJun 7High
- Crypto· World
Bitcoin price drops below $60,000 as investors shift focus to upcoming tech IPOs
Bitcoin's price fell below $60,000 amid speculation that investors are reallocating funds to upcoming IPOs for SpaceX and AI companies. This shift is occurring as major tech IPOs are anticipated, creating liquidity pressures in the cryptocurrency market. The long-term implication suggests that the relationship between tech investments and cryptocurrency will be crucial for market stability and investor sentiment moving forward.
5 sourcesJun 7Low
- Business· World
Goldman Sachs CEO Discusses AI's Impact on Banking and Future IPOs
Goldman Sachs CEO David Solomon addressed the implications of AI on employment in the banking sector, asserting that it will not lead to significant white-collar job losses. This discussion comes as the bank prepares for major IPOs in 2026, which are expected to reshape the financial landscape. As AI continues to evolve, Goldman Sachs will need to adapt its hiring and training practices to remain competitive in the changing market.
4 sourcesJun 7Low
- Business· World
Partners Group Caps Withdrawals from $9 Billion Fund Amid Rising Redemption Requests
Partners Group has halted withdrawals on its $9 billion fund due to a surge in investor redemption requests. This decision comes as liquidity risks in private markets have intensified, prompting concerns about the fund's stability. In the long term, this situation may lead to a reevaluation of investment strategies within private markets as confidence wanes among investors.
5 sourcesJun 7Low
- Crypto· World
Strategy Inc. faces $11 billion paper loss on Bitcoin holdings
Michael Saylor's Strategy Inc. is experiencing a significant financial crisis due to an $11 billion paper loss on its Bitcoin investments. The immediate trigger for this situation is the decline in the company's share price and external pressures such as ETF outflows and increased AI spending. In the long term, the company's ability to navigate these financial challenges without liquidating its Bitcoin assets will be crucial for its survival and strategy moving forward.
3 sourcesJun 7Low
- Business· World
Liftoff Mobile Inc. successfully completes IPO raising $437 million
Liftoff Mobile Inc. has successfully completed its initial public offering, raising $437 million with shares debuting at $23 each. This positive outcome follows an earlier unsuccessful IPO attempt earlier this year, indicating a favorable shift in market conditions for tech companies. The successful IPO positions Liftoff for potential growth and further investments in the adtech sector.
4 sourcesJun 7Low
- Business· World
Quantinuum successfully debuts on Nasdaq with $1.68 billion IPO
Quantinuum has raised $1.68 billion in its initial public offering, marking a significant milestone for the quantum computing industry. The IPO's upsizing and strong investor interest reflect a growing confidence in the commercial viability of quantum technologies at this moment. This successful debut may pave the way for further investments and IPOs in the quantum computing sector in the long term.
6 sourcesJun 7Low
- Business· World
DocuSign shares decline despite increased quarterly profits and revenue outlook
DocuSign's shares fell after the company issued disappointing full-year guidance despite reporting a rise in first-quarter profits. The immediate cause of this decline is investor reaction to the lackluster guidance, overshadowing the positive quarterly results and strong adoption of its AI-native platform. In the long term, the company's ability to align investor expectations with its growth trajectory will be crucial as it continues to innovate in the AI space.
3 sourcesJun 7Low
- Business· World
Algeria begins construction of Trans-Saharan gas pipeline to Europe
Algeria has officially commenced construction on the Trans-Saharan gas pipeline, which will transport gas from Nigeria to Europe. This significant development follows decades of discussions and is driven by the need to enhance energy supplies to European markets amid rising demand. The successful completion of this pipeline could solidify Algeria's position as a key energy supplier and reshape energy dynamics in Europe.
3 sourcesJun 7Low
- Business· World
Broadcom's stock drops 12.6% after disappointing AI chip revenue forecast
Broadcom's shares fell 12.6% following the release of its quarterly earnings report, which revealed a forecast for AI chip revenue that was below market expectations. The immediate cause of this decline was the company's projection of $56 billion in AI chip revenue, falling short of the $57.6 billion average estimate. In the long term, this setback raises concerns about Broadcom's ability to compete in the growing AI technology market and restore investor confidence.
3 sourcesJun 7Moderate
- Economy· World
KOSPI index declines over 5% amid market stability concerns
The KOSPI index has fallen more than 5% this week, marking a significant downturn after a strong rally. This decline is triggered by growing anxieties regarding market stability and the impact of artificial intelligence on investor sentiment. Long-term implications may include increased regulatory scrutiny and shifts in investment strategies within Asian markets.
3 sourcesJun 7Low
- Economy· World
Oil prices decline amid U.S.-Iran diplomatic discussions
Oil prices fell nearly 3% as market sentiment shifts towards optimism regarding a potential resolution to the U.S.-Iran conflict. This decline is triggered by ongoing diplomatic discussions between U.S. and Iranian officials, raising hopes for reduced tensions in the region. If these diplomatic efforts succeed, oil prices may stabilize or rise as fears of conflict ease.
3 sourcesJun 7Low
- Economy· World
U.S. tech stocks decline sharply following Broadcom's disappointing earnings report
The U.S. stock market has seen a significant decline in technology stocks, primarily triggered by Broadcom's disappointing earnings report. This has led to a major selloff, with investors shifting their focus towards traditional sectors amid growing skepticism about the sustainability of the AI rally. The long-term implication suggests that without positive earnings signals from major tech companies, further declines may impact investor confidence in the tech sector.
5 sourcesJun 7Low
- Economy· World
Mary Daly Warns of Regulatory Hurdles Impacting AI's Economic Potential
Mary Daly, President of the Federal Reserve Bank of San Francisco, has highlighted the dual nature of artificial intelligence's potential benefits and the regulatory challenges it faces. Her recent comments underscore that while AI could enhance productivity, investor confidence may be undermined by incomplete evidence and regulatory delays. In the long term, stakeholders will need to navigate these complexities to fully realize AI's economic impact by 2026.
3 sourcesJun 7Low
- Business· World
CrowdStrike's Stock Price Targets Raised Following Strong Q1 Results
CrowdStrike reported strong first-quarter fiscal 2027 results, exceeding expectations and raising its full-year guidance. This positive performance has prompted multiple financial institutions, including Goldman Sachs and UBS, to increase their stock price targets significantly. The long-term implication is that CrowdStrike is well-positioned to lead in the cybersecurity sector, particularly in AI-driven security solutions as demand grows.
4 sourcesJun 7Low
- Economy· World
Trump administration proposes new tariffs on Brazil and over 60 countries
The Trump administration has announced new tariffs targeting Brazil and more than 60 other nations following a court ruling that challenged existing trade policies. This decision is driven by accusations of forced labor enforcement, marking a significant escalation in trade tensions. Long-term, these tariffs may lead to increased consumer prices and potential disruptions in international trade relationships.
3 sourcesJun 7Low
- Business· World
Lex Greensill banned from UK directorships for nine years following Greensill Capital collapse
Lex Greensill has been banned from serving as a director of UK companies for nine years due to the collapse of his firm, Greensill Capital, which left creditors with £1.6 billion in losses. This decision was made by the UK government's Insolvency Service and finalized through a signed undertaking, avoiding a trial. The long-term implication of this ban signals increased regulatory scrutiny and accountability for corporate leaders in the financial sector following major failures.
3 sourcesJun 7Low
- Economy· World
Hong Kong banks restrict account openings for mainland Chinese investors
Shares of major financial institutions in Hong Kong have sharply declined due to reports of banks suspending account openings for mainland Chinese clients. This move is part of China's broader strategy to tighten capital controls and curb illegal cross-border trading. The long-term implication may lead to increased volatility in global financial markets as investors reassess their strategies in response to these regulatory changes.
4 sourcesJun 7Low
- Economy· World
Iran's oil exports reach six-year low amid intensified U.S. sanctions and naval blockade
Iran's oil exports have dropped by 89% in the last 48 hours, marking the lowest levels in six years. This drastic decline is triggered by ongoing U.S. sanctions and a naval blockade that severely restrict Iran's ability to sell oil internationally. The long-term implication is a deepening economic crisis for Iran, potentially leading to increased regional tensions and alternative strategies to bolster its economy.
3 sourcesJun 7Low