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
Mt. Gox Transfers $731 Million in Bitcoin to New Wallet Amid Market Volatility
Mt. Gox has transferred 10,422 Bitcoin, valued at approximately $739 million, to a new wallet, marking its first on-chain movement in over two months. This transfer is occurring as the deadline for creditor repayments approaches, raising concerns about potential market impacts. The long-term implication may involve increased volatility in Bitcoin prices as creditors may liquidate their holdings, affecting market stability.
7 sourcesJun 5Moderate
- Crypto· World
Bitcoin Falls Below $70,000 Amid Capital Shift to U.S. Equities
Bitcoin has fallen below $70,000 as capital flows into a select group of high-performing U.S. equities. This shift is triggered by a high concentration of investment in equities, as indicated by the CBOE Dispersion Index reaching 42. Historically, such capital rotations have led to temporary declines in Bitcoin, suggesting a potential rebound as liquidity returns to the crypto market.
3 sourcesJun 5Low
- Crypto· World
Coinbase invests in ProShares' GENIUS Money Market ETF to enhance stablecoin compliance
Coinbase has made a strategic investment in ProShares' GENIUS Money Market ETF to support stablecoin reserves. This investment is driven by the impending stricter reserve requirements outlined in the GENIUS Act, prompting Coinbase to align with evolving regulatory standards. In the long term, this move may encourage other exchanges to adopt similar compliance-focused strategies for stablecoin backing.
4 sourcesJun 5Low
- Crypto· World
NYDFS and EBA Establish Stablecoin Oversight Agreement
The New York Department of Financial Services has partnered with the European Banking Authority to enhance oversight of stablecoins. This collaboration is driven by increasing concerns over stablecoin stability and the need for improved consumer protection. The long-term implication may lead to more comprehensive regulations in the cryptocurrency sector, influencing global standards for stablecoin oversight.
3 sourcesJun 5Low
- Crypto· World
Grayscale Launches Hyperliquid Staking ETF with Lowest Fee in U.S. Market
Grayscale has launched its Hyperliquid Staking ETF, which began trading on June 3, 2026, featuring a competitive fee of 0.29%. This strategic move is driven by the need to capture market share in the increasingly competitive cryptocurrency ETF landscape, particularly against rivals like 21Shares and Bitwise. The long-term implication is that this pricing strategy may lead to further innovations and adjustments in fee structures across the cryptocurrency ETF market as firms vie for investor interest.
5 sourcesJun 5Low
- Crypto· World
Bitwise Estimates Bitcoin Fair Value at $224,000 Amid Sovereign Debt Concerns
Bitwise has projected Bitcoin's fair value at $224,000, reflecting a significant shift in its perceived role as a hedge against sovereign debt crises. This valuation arises from increasing fears surrounding global sovereign debt, prompting institutional investors to consider Bitcoin as a viable alternative investment. If these debt concerns persist, Bitcoin's adoption and valuation may continue to rise as it is increasingly viewed as a safe haven asset.
3 sourcesJun 5Low
- Crypto· World
Charles Schwab launches 24/7 Bitcoin futures trading and plans for advisor crypto services by 2027
Charles Schwab has initiated near-24/7 Bitcoin futures trading on its thinkorswim platform, marking a significant entry into the cryptocurrency market. This expansion is driven by the firm's strategy to enhance digital asset access for financial advisors and retail clients at this moment of growing interest in cryptocurrencies. In the long term, this move could reshape the financial advisory landscape by integrating crypto trading into traditional advisory workflows.
5 sourcesJun 5Low
- Business· World
Franklin Templeton accelerates blockchain integration amid traditional finance disruption
Franklin Templeton is shifting more business functions onto the blockchain, recognizing its potential to disrupt traditional finance. This move is prompted by the firm's acknowledgment of blockchain's threat to existing fee-based revenue models in the financial sector. As institutional adoption of blockchain grows, the financial services industry may undergo significant transformation, leading to lower fees and increased transparency.
3 sourcesJun 5Low
- Crypto· World
Strategy sells 32 BTC for $2.5 million marking a strategic shift in Bitcoin management
Strategy has sold 32 BTC for the first time since 2022, indicating a significant change in its approach to Bitcoin management. This sale, executed to fund preferred stock distributions, reflects a strategic use of its Bitcoin holdings rather than tax-related maneuvers. The long-term implication is that investors will closely monitor whether Strategy will continue selling Bitcoin or revert to its previous accumulation strategy.
3 sourcesJun 5Low
- Crypto· World
U.S. Treasury Secretary announces progress on Strategic Bitcoin Reserve initiative
The U.S. Treasury Secretary Scott Bessent has confirmed advancements in establishing a Strategic Bitcoin Reserve as part of the administration's digital asset strategy. This initiative is being propelled by the urgency to pass the Clarity Act and other legislation to provide regulatory clarity for cryptocurrencies. The long-term implication is a significant shift in U.S. financial policy towards integrating digital assets, potentially reshaping the country's position in the global cryptocurrency market.
3 sourcesJun 5Moderate
- Crypto· World
Bitmine invests $52 million in Ethereum to control 5% of supply
Bitmine has acquired $52 million worth of Ethereum, increasing its total holdings to over 5.4 million Ether tokens. This strategic investment is driven by Tom Lee's belief that Ethereum's current price does not reflect its true potential. As Bitmine approaches its goal of controlling a significant portion of Ethereum's supply, it may influence market dynamics and pricing in the cryptocurrency sector.
3 sourcesJun 5Low
- Crypto· World
Strive Inc. increases Bitcoin holdings to 19,000 BTC amid market challenges
Strive Inc. has raised its Bitcoin holdings to 19,000 BTC after acquiring an additional 2,500 BTC. This strategic purchase is part of the company's broader plan to expand its capital-raising capabilities, which includes a $4.2 billion expansion initiative. As Strive continues to invest in Bitcoin, it may influence other corporate investors and shape market dynamics in the cryptocurrency sector.
6 sourcesJun 5Low
- Crypto· MENA
Ripple launches RLUSD stablecoin in Turkey targeting $200 billion crypto market
Ripple has officially launched its USD-backed stablecoin, RLUSD, in Turkey through partnerships with local platforms. This move is driven by the significant demand for regulated access to digital dollars in Turkey's burgeoning crypto market. The long-term implication is that Ripple's success in Turkey could lead to further expansion in other emerging markets within the MENA region.
4 sourcesJun 5Moderate
- Crypto· World
Coinbase Ventures Invests in Ethena to Launch On-Chain Finance Products
Coinbase Ventures has acquired ENA tokens to support Ethena's upcoming product launch. This investment is driven by the strategic partnership aimed at leveraging Coinbase's user base of over 100 million. The collaboration is expected to significantly enhance the adoption of on-chain finance products in the cryptocurrency market.
4 sourcesJun 5Low
- Crypto· World
Zcash Addresses Critical Vulnerability with Emergency Upgrade
Zcash has patched a critical vulnerability in its Orchard shielded pool through an emergency network upgrade. The vulnerability was discovered by a researcher and prompted immediate action to secure transactions within the network. This swift resolution is likely to enhance user confidence and reinforce the importance of security in privacy-focused cryptocurrencies moving forward.
3 sourcesJun 5Low
- Crypto· World
UK House of Lords Calls for Revisions to Bank of England's Stablecoin Regulations
The UK House of Lords has urged the Bank of England to reconsider its proposed regulations on stablecoins, warning that they could stifle innovation. This call comes as the Lords express concerns that the current proposals may render pound sterling stablecoins commercially unviable. If the regulations are not adjusted, the UK risks losing its competitive edge in the global cryptocurrency market.
4 sourcesJun 5Low
- Crypto· World
Ethereum price drops to 14-week low amid weakening demand and ETF outflows
Ethereum's price has fallen below $1,800, reaching a 14-week low and breaking critical support levels. This decline is triggered by weakening demand and significant outflows from exchange-traded funds (ETFs) focused on cryptocurrencies. If Ethereum fails to maintain the $1,800 support, it could lead to further market corrections and shifts in investor sentiment.
3 sourcesJun 5Low
- Crypto· World
Bitcoin price drops to four-month low amid investor shift to AI
Bitcoin's price has fallen below $70,000, marking a significant correction that has erased $176 billion in investor funds. This downturn is triggered by a growing investor focus on AI technologies, leading to a pronounced divergence between cryptocurrency and traditional equities. The long-term implication suggests that the cryptocurrency market may continue to face volatility as investor priorities shift and geopolitical tensions persist.
3 sourcesJun 5Low
- Crypto· World
Bitcoin experiences flash crash leading to $1.84 billion in liquidations
Bitcoin's price fell sharply below $62,000, resulting in over $1.8 billion in liquidations of long positions within 24 hours. This significant drop was triggered by a major sale from a treasury holder, exacerbating existing bearish market sentiment. The long-term implication is a potential reevaluation of trading strategies among investors as volatility continues to challenge market stability.
5 sourcesJun 5High
- Crypto· World
Bitcoin ETFs face record outflows amid market volatility
Bitcoin ETFs have experienced unprecedented outflows totaling $3.45 billion over the past 11 days as investors react to market pressures. This selling trend is driven by a combination of market downturns and heightened geopolitical tensions affecting investor sentiment. The long-term outlook suggests that continued volatility may lead to further shifts in investor behavior regarding Bitcoin ETFs and overall market confidence.
3 sourcesJun 5Moderate