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- Economy· World
Gold prices rise slightly amid U.S.-Iran negotiations and inflation concerns
Gold prices have increased by 0.4% to $4512.79 per ounce following a two-month low, reflecting investor reactions to inflation fears and ongoing U.S.-Iran negotiations. The immediate trigger for this fluctuation is the heightened market sensitivity to geopolitical tensions and economic indicators. In the long term, continued volatility in the gold market is expected as investors monitor further developments in U.S.-Iran relations and economic data that could influence interest rates.
5 sourcesMay 31Low
- Economy· UAE
Dubai implements 5% VAT on toll and parking fees starting tomorrow
Dubai is introducing a 5% VAT on toll and parking fees effective from tomorrow. This change is part of a broader initiative to enhance revenue through taxation. Long-term, this policy may alter driver behavior and traffic patterns in the city.
3 sourcesMay 31Low
- Economy· World
Morgan Stanley Projects 20% Job Losses in European Banking Due to AI Adoption
Morgan Stanley has forecasted that up to 20% of jobs in the European banking sector could be at risk by 2030 as a result of increasing artificial intelligence adoption. This significant estimate has doubled since earlier predictions, reflecting rapid workforce reductions already underway at major banks. The long-term implication is a profound transformation in employment dynamics within the banking industry, necessitating a reevaluation of workforce strategies to adapt to AI integration.
3 sourcesMay 31Low
- Business· World
Danish Pension Fund Blacklists SpaceX Over Governance Concerns
AkademikerPension, a Danish pension fund managing approximately $25 billion, has excluded SpaceX from its investment portfolio due to concerns over its governance and valuation. The immediate trigger for this decision is the fund's assessment of SpaceX as 'grossly overvalued' and its 'catastrophic governance structure'. This move may set a precedent for other institutional investors to scrutinize corporate governance and valuation more closely in their investment decisions.
3 sourcesMay 31Low
- Crypto· World
XRP price drops below $1.30 amid heavy selling pressure
XRP's price has fallen 4% below $1.30 due to intensified selling pressure, breaching major support levels. This decline is occurring as investors react to bearish market indicators and resistance levels at $1.3150 and $1.3400. If XRP fails to reclaim these resistance levels, it may continue to decline, impacting investor sentiment and market dynamics.
3 sourcesMay 31Low
- Business· World
Muddy Waters Capital reevaluates investment strategy in India due to AI concerns
Muddy Waters Capital is reconsidering its investment plans in India following rising concerns about the impact of artificial intelligence on labor markets and consumer spending. This reevaluation is prompted by CEO Carson Block's emphasis on the need to reassess the sustainability of the current AI rally. The long-term implication is that investment strategies may need to adapt significantly to navigate the complexities introduced by AI advancements, particularly in emerging markets like India.
3 sourcesMay 31Low
- Crypto· World
Bitcoin price drops below $73,000 amid U.S. airstrikes on Iran
Bitcoin's price has fallen below $73,000 due to renewed U.S. airstrikes on Iran, resulting in significant market liquidations. This volatility is triggered by escalating geopolitical tensions that have unsettled investors in the cryptocurrency market. As these tensions persist, the cryptocurrency market is likely to continue facing instability and cautious sentiment from investors.
6 sourcesMay 31Low
- Crypto· World
Samsung Acquires $408 Million Stake in Crypto Exchange Dunamu from Kakao
Samsung's investment trio has completed the acquisition of a $408 million stake in Dunamu, a leading cryptocurrency exchange in South Korea. This strategic move is driven by Samsung's intent to enhance its presence in the cryptocurrency market amid growing interest and regulatory clarity in South Korea. The long-term implication is that this acquisition may position Samsung as a key player in the digital asset space, potentially influencing investment trends in the region.
7 sourcesMay 31Low
- Business· World
Sequans Communications exits Bitcoin treasury strategy to eliminate debt
Sequans Communications has sold approximately 80% of its Bitcoin holdings to clear convertible debt, retaining about 658 BTC. This decision comes as the company shifts focus back to its core business in IoT semiconductors following a significant decline in Bitcoin prices. The long-term implication is that Sequans is now positioned to capitalize on growth opportunities in the semiconductor market as demand for 5G technology expands.
5 sourcesMay 31Low
- Crypto· World
Trump Proposes CLARITY Act to Establish U.S. Cryptocurrency Regulatory Framework
Former President Donald Trump has announced his intention to introduce the CLARITY Act, aiming to create a stable regulatory environment for cryptocurrencies in the U.S. This move is driven by the need to protect digital asset markets from political fluctuations and ensure a consistent regulatory approach. If successful, the Act could significantly influence the future of digital asset markets and investor confidence in the U.S. economy.
3 sourcesMay 31Low
- Crypto· World
Ethereum price falls below $2,000 as Standard Chartered reaffirms bullish outlook
Ethereum's price has dropped below the $2,000 mark, raising concerns about a potential bear market. This decline has prompted Standard Chartered to reaffirm its bullish price targets for ETH, projecting it could reach $40,000 by the end of 2030. The long-term implication suggests that despite current volatility, Ethereum's strong fundamentals may lead to a significant recovery in the cryptocurrency market.
5 sourcesMay 31Low
- Crypto· World
Trezor integrates yield-earning feature for stablecoins USDC and USDT
Trezor has launched a new integration with Morpho that allows users to earn yield on stablecoins USDC and USDT directly within Trezor Suite. This development is driven by the increasing demand for decentralized finance solutions and the need for simplified investment management. In the long term, this feature is likely to enhance Trezor's market position and attract more users to its hardware wallet platform.
3 sourcesMay 31Low
- Crypto· World
Major Bitcoin Holders Halt Accumulation Amid Declining Demand
Major Bitcoin holders have halted purchases amid declining demand. This trend is triggered by a record high in long-term holder supply, indicating a lack of new buyers entering the market. The long-term implication suggests that sustained price weakness may occur unless new market entrants emerge to stabilize demand.
3 sourcesMay 31
- Crypto· World
Gemini Partners with Grok to Enhance Prediction Markets with AI Integration
Gemini has launched a Grok-powered Command Center to improve its prediction markets through AI-driven features. This initiative is a response to the current slump in the cryptocurrency market and aims to boost user engagement and market liquidity. Long-term, this move could set a new standard for user interaction in the cryptocurrency space as exchanges increasingly diversify their offerings.
5 sourcesMay 31Low
- Crypto· World
France sets June 30 deadline for crypto firms to secure MiCA licenses
France's Financial Markets Authority has mandated that crypto firms must obtain licenses under the EU's Markets in Crypto-Assets framework by June 30. This regulatory push is aimed at standardizing crypto asset regulations across the EU and ensuring compliance among operators. The impending deadline is likely to lead to market consolidation and reduced competition within the crypto sector in Europe.
5 sourcesMay 31Low
- Crypto· World
107 BTC worth $8.5 million burned in mysterious transaction
An unidentified wallet has burned 107 BTC, valued at approximately $8.5 million, in a transaction that has puzzled analysts. This event is occurring now as the cryptocurrency community speculates on the motives behind such a drastic decision, with theories ranging from tax-related reasons to illegal activities. The long-term implication may lead to increased scrutiny of transaction behaviors in the cryptocurrency market, influencing future trading strategies and regulatory considerations.
3 sourcesMay 31Moderate
- Crypto· World
BlackRock Bitcoin ETF faces record outflows amid market volatility
BlackRock's Bitcoin ETF has seen significant outflows totaling $1.3 billion as institutional investors sell off Bitcoin, with $528 million withdrawn in a single day. This sell-off is driven by a cautious sentiment among investors in response to ongoing market volatility. The long-term implications may include a reevaluation of investment strategies in the cryptocurrency sector and potential regulatory changes affecting Bitcoin ETFs.
5 sourcesMay 31Moderate
- Crypto· World
VanEck launches first U.S. spot BNB ETF amid crypto market volatility
VanEck has launched the first U.S. spot BNB exchange-traded fund (ETF) on Nasdaq, allowing investors to gain exposure to Binance Coin. This launch coincides with a broader sell-off in the cryptocurrency market, particularly affecting Binance Coin's value. The introduction of this ETF could signal a shift towards more cryptocurrency investment products in the U.S. financial landscape.
4 sourcesMay 31Moderate
- Crypto· World
Base Azul launches on mainnet enhancing Coinbase's layer-2 network
Base Azul has officially launched on the mainnet, introducing enhancements such as TEE and ZK proofs to improve speed and security for Coinbase's layer-2 network. This launch is occurring now as a strategic move to address Ethereum's scalability challenges and drive broader adoption. In the long term, this development may set new standards for transaction efficiency and security in the cryptocurrency market, influencing future blockchain innovations.
3 sourcesMay 31Low
- Crypto· World
Hyperliquid Surpasses NASDAQ in Size and Influence
Hyperliquid, a crypto-native exchange, has been declared larger than NASDAQ by ICE CEO Jeff Sprecher. This shift is occurring due to Hyperliquid's innovative trading features and its appeal to retail investors, which traditional exchanges can no longer ignore. The long-term implication is a potential transformation in global market dynamics and increased regulatory scrutiny of decentralized finance platforms.
5 sourcesMay 31Low