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
Strategy Sells Bitcoin for the First Time Since December 2022
On June 1, 2026, Strategy disclosed the sale of 32 bitcoin for approximately $2.5 million, marking its first bitcoin divestiture since December 2022. This sale reflects a strategic shift in the company's approach to managing its substantial bitcoin holdings, coinciding with a need to fund dividend payments on its perpetual preferred stock. The long-term implication may signal a broader trend among corporations to actively manage their cryptocurrency assets rather than adhering to a 'never sell' policy.
15 sourcesJun 2Low
- Business· World
Ferrari unveils first electric vehicle Luce EV amid backlash from fans
Ferrari has unveiled its first fully electric car, the Luce EV, which has faced significant criticism from enthusiasts concerned about the brand's identity. This backlash is occurring as the automotive industry increasingly shifts towards electric vehicles, prompting discussions about maintaining brand heritage. The long-term implication may involve Ferrari reassessing its branding strategy to address customer concerns and preserve loyalty among its traditional fanbase.
4 sourcesJun 2Moderate
- Economy· World
Oil prices surge following collapse of U.S.-Iran negotiations
Oil prices have surged sharply after Iran suspended peace talks with the U.S., marking a significant rise in crude oil prices. This escalation is triggered by heightened military tensions in the region, prompting investor concerns over energy costs and inflation. Long-term implications may include further fluctuations in oil prices and potential economic instability as the situation evolves.
6 sourcesJun 2Moderate
- Economy· World
Brent crude prices fall 19% amid U.S.-Iran peace deal optimism
Brent crude prices have dropped 19% in May 2026, marking the steepest monthly decline since 2020. This decline is driven by growing hopes for a peace agreement between the U.S. and Iran, which has positively influenced stock markets. As negotiations progress, further fluctuations in oil prices are expected to impact global economic conditions.
5 sourcesJun 1High
- Business· World
Autodesk acquires MaintainX for $3.6 billion to enhance operational management capabilities
Autodesk has announced its acquisition of MaintainX in an all-cash transaction valued at $3.6 billion. This strategic move is driven by Autodesk's goal to expand its offerings beyond design software into operational management solutions. The long-term implication is that Autodesk is positioning itself to play a crucial role in the infrastructure management sector, potentially leading to new innovations in operational software.
3 sourcesJun 1Low
- Business· World
Major Corporations Reassess AI Investments Amid Rising Costs and Market Concerns
Companies are beginning to reconsider their investments in artificial intelligence due to escalating costs and a lack of clear benefits. This shift is triggered by the recent surge in stock prices of chipmakers, raising alarms about a potential AI bubble. In the long term, this may lead to a more cautious approach to AI investment as firms seek to balance innovation with cost-effectiveness.
3 sourcesJun 1Low
- Crypto· World
Bitcoin Surges to $74,000 Following Trump's Lifting of Naval Blockade
Bitcoin has rebounded to $74,000 after President Trump announced the end of the U.S. naval blockade of the Strait of Hormuz. This decision has alleviated geopolitical tensions, positively impacting both cryptocurrency and oil markets. The easing of these tensions may lead to increased investor confidence and further gains in the cryptocurrency sector.
3 sourcesJun 1Low
- Crypto· World
CFTC Approves Coinbase to Offer Crypto Perpetual Futures as Foreign Futures
The U.S. Commodity Futures Trading Commission has issued a no-action letter allowing Coinbase Financial Markets to list and trade crypto perpetual-future contracts as foreign futures. This regulatory approval comes as part of ongoing efforts to establish a framework for cryptocurrency derivatives in the U.S., coinciding with the launch of domestic bitcoin perpetuals by Kalshi. The long-term implication is a potential increase in regulated trading options for U.S. investors, enhancing the legitimacy and safety of cryptocurrency trading in the market.
7 sourcesJun 1Low
- Crypto· World
Wintermute Enters Prediction Markets as Liquidity Provider
Wintermute has begun providing liquidity in prediction markets, quoting both buy and sell prices. This strategic move is driven by the rapid growth and significant trading volumes in the prediction markets sector, which currently clears over $20 billion monthly. Long-term, Wintermute's involvement may attract more institutional players and further legitimize the prediction markets as a viable trading venue for real-world event risks.
4 sourcesJun 1Low
- Crypto· World
CFTC Approves Bitcoin Perpetual Contracts for Regulated Trading
The U.S. Commodity Futures Trading Commission has approved the listing of Bitcoin perpetual contracts, enabling regulated trading in cryptocurrency derivatives. This regulatory shift is prompting Kraken to launch its own Bitcoin perpetual contracts for institutional clients within the next 30 days, following similar moves by Coinbase and Kalshi. The long-term implication is an expected increase in institutional interest and legitimacy for cryptocurrency trading in the U.S.
5 sourcesJun 1Low
- Crypto· World
Kalshi Launches First Regulated Bitcoin Perpetual Futures in the U.S.
Kalshi has launched the first federally regulated Bitcoin perpetual futures contracts in the U.S. following approval from the Commodity Futures Trading Commission. This significant development is occurring now as the demand for regulated crypto trading options increases among investors. The long-term implication is that this move could attract more institutional investors to the U.S. crypto market and reshape the trading landscape.
5 sourcesJun 1Moderate
- Economy· World
Federal Reserve Vice Chair Cautions on Inflation Amid Middle East Conflict
Federal Reserve Vice Chair Michelle Bowman expressed concerns about the inflationary effects of the ongoing conflict in the Middle East during a central banking conference. Her remarks highlight the need for careful analysis before making monetary policy adjustments, particularly regarding interest rates. The long-term implication suggests that the Federal Reserve may need to reassess its strategy as the situation evolves and more data becomes available.
3 sourcesJun 1Low
- Economy· World
Bank of England Governor raises alarms on private credit market and AI access for UK banks
Bank of England Governor Andrew Bailey expressed concerns about strains in the private credit market and the lack of access to advanced AI tools for UK banks during a central banking conference in Iceland. This discussion is prompted by the current technological limitations faced by UK banks, particularly their inability to utilize Anthropic PBC’s AI tool. The long-term implication suggests that the Bank of England will likely pursue regulatory changes to address these challenges in the evolving financial landscape.
3 sourcesJun 1Low
- Business· World
Universal Music Group rejects $64 billion takeover bid from Bill Ackman
Universal Music Group has officially rejected a $64 billion takeover bid from Bill Ackman’s Pershing Square Capital. The board deemed the offer insufficient, a sentiment supported by its largest shareholder, Vincent Bollore. This rejection may lead to increased scrutiny of UMG's market position and future strategies in the music industry.
5 sourcesJun 1Moderate
- Business· World
OpenAI engages Citigroup and JPMorgan for IPO preparations
OpenAI is in discussions with Citigroup and JPMorgan Chase regarding its upcoming initial public offering. This strategic move aims to enhance market confidence and valuation prospects at a critical moment for tech IPOs. The involvement of major banks could set a new benchmark for future technology offerings and reshape investor strategies in the sector.
3 sourcesJun 1High
- Business· World
Samsung's AI Bonuses Ignite Internal Strife and Public Debate on Profit Sharing
Samsung has announced significant bonuses for select employees in its memory division, leading to internal tensions and public discussions about equitable profit sharing from the AI boom. This decision comes in response to the company's financial success attributed to advancements in AI technology, prompting discontent among those excluded from the bonuses. The situation may compel Samsung and other tech firms to reevaluate their compensation strategies to address employee morale and avoid potential labor disputes.
4 sourcesJun 1Low
- Business· World
SpaceX secures $4.16 billion contract with U.S. Space Force ahead of IPO
SpaceX has won a $4.16 billion contract from the U.S. Space Force for threat-detection satellites. This significant contract comes as the company lowers its IPO valuation target to at least $1.8 trillion, reflecting a strategic pivot towards government contracts for revenue stability. The long-term implication is that SpaceX's reliance on government contracts may enhance investor confidence and shape its growth trajectory as it approaches its IPO.
5 sourcesJun 1Low
- Economy· World
U.S. stock futures rise amid escalating tensions with Iran and AI optimism
U.S. stock futures have increased as oil prices rise due to renewed hostilities between the U.S. and Iran. This market movement is driven by investor optimism surrounding a potential peace deal with Iran and advancements in artificial intelligence that are expected to boost corporate earnings. In the long term, the market may remain volatile as geopolitical tensions evolve, but continued AI advancements could stabilize investor sentiment.
3 sourcesJun 1Low
- Business· World
Dell Technologies stock surges 32.81% following strong AI server sales report
Dell Technologies has experienced a significant increase in its stock price after reporting robust growth in AI server sales and raising its annual sales guidance. This surge is triggered by heightened demand for AI-related products and a positive sales outlook, marking the company's best day since going public in 2018. Looking ahead, Dell's strong positioning in the AI market suggests continued growth and potential expansion into military contracts.
6 sourcesJun 1High
- Economy· World
China's manufacturing activity stagnates amid rising energy costs and weakened demand
China's manufacturing sector experienced flat activity in May 2026, halting growth after two months of expansion. This stagnation is driven by rising energy costs linked to ongoing conflicts in the Middle East and a decline in global demand. The long-term implication may involve increased economic challenges if demand does not recover and operational costs continue to rise.
5 sourcesMay 31Low