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
Stellar's XLM Surges Over 50% Following Partnership with DTCC
XLM's value increased significantly due to a partnership with DTCC for future tokenization projects. This surge is occurring as traders shift focus from XRP amidst a broader cryptocurrency market downturn. The long-term implication is that Stellar could reshape its role in the cryptocurrency market as the 2027 launch of tokenized assets approaches.
4 sourcesMay 31High
- Crypto· World
Hyperliquid reaches all-time high following CFTC approval of perpetual contracts
Hyperliquid has achieved a new all-time high in trading volume after receiving regulatory approval for perpetual contracts from the CFTC. This surge is driven by high-profile endorsements, including support from the CEO of ICE, which is pushing traditional exchanges to innovate. The long-term implication is that the rise of decentralized exchanges like Hyperliquid may significantly alter the trading landscape, compelling established platforms to adapt to a 24/7 trading environment.
3 sourcesMay 31Moderate
- Crypto· World
Hyperliquid's SpaceX perpetual contract experiences 45% flash crash liquidating $1.5 million
On May 29, 2026, Hyperliquid's synthetic SpaceX perpetual contract suffered a dramatic 45% flash crash, leading to the liquidation of $1.5 million in leveraged positions. This incident was triggered by a severe liquidity vacuum in the market, highlighting the risks associated with trading synthetic assets. In the long term, this event may prompt increased scrutiny of synthetic asset trading practices and a reevaluation of risk management strategies among traders in decentralized exchanges.
3 sourcesMay 31Low
- Crypto· World
Strive Asset Management increases Bitcoin holdings to 16,500 BTC
Strive Asset Management has raised capital to acquire an additional 2,624 Bitcoin, bringing its total holdings to 16,500 BTC. This aggressive acquisition strategy is occurring now as institutional interest in cryptocurrencies continues to grow. The long-term implication may be a shift in market dynamics, encouraging further institutional adoption of Bitcoin and reshaping perceptions of Bitcoin-backed securities.
3 sourcesMay 31Low
- Crypto· World
Solana's price tests critical $80 support level amid bearish market conditions
Solana's price has approached a critical support level of $80 amidst bearish market conditions. Analysts emphasize that maintaining this support is crucial for the asset's future trajectory, as a breach could lead to significant declines. If Solana holds above this level, it may initiate a recovery phase, potentially leading to bullish momentum in the long term.
3 sourcesMay 31Low
- Crypto· World
Bitcoin falls out of top 10 global assets as market cap drops below $1.5 trillion
Bitcoin's market cap has fallen below $1.5 trillion, resulting in its drop to the 13th position among global assets. This decline is driven by a significant market shift as major tech stocks gain traction, leading to widespread liquidations in the cryptocurrency market. The long-term implication suggests that Bitcoin's recovery will depend on future price movements and overall market sentiment towards cryptocurrencies.
3 sourcesMay 31Low
- Crypto· MENA
OKX Ventures and KIS acquire 19.6% stake in South Korean exchange Coinone
OKX Ventures and Korea Investment & Securities have jointly acquired a 19.6% stake in the South Korean cryptocurrency exchange Coinone for $106 million. This investment is driven by the increasing interest of traditional financial institutions in the cryptocurrency sector, particularly as Coinone seeks to expand its offerings. The long-term implication may lead to heightened competition and innovation within South Korea's cryptocurrency market.
4 sourcesMay 31Low
- Crypto· World
Ethereum breaches $2,000 support amid record derivatives open interest
Ethereum's price has dropped below the critical $2,000 level, indicating significant selling pressure. This decline coincides with a record increase in open interest in futures contracts, suggesting traders are positioning for a major market move. The long-term implication is a heightened volatility in Ethereum's price, with potential for further declines or a recovery depending on market sentiment.
4 sourcesMay 31Moderate
- Crypto· World
Texas transitions $10 million Bitcoin reserve to direct custody from BlackRock ETF
Texas is shifting its Bitcoin reserve management from an ETF to direct custody. This move is part of a broader strategy to enhance state-level digital asset management and increase transparency in its holdings. As Texas implements this strategy, it may encourage other states to adopt similar direct custody approaches for cryptocurrencies.
5 sourcesMay 31Low
- Crypto· World
Bitcoin price declines to six-week lows amid bearish market signals
Bitcoin's price has dipped to around $73,000 after a series of declines. The cryptocurrency is facing multiple rejections at the $82,000 price zone, leading analysts to predict a potential end to the price dip at around $72,000. This ongoing bearish trend raises concerns about further losses and volatility in the cryptocurrency market in the coming weeks.
3 sourcesMay 31Low
- Crypto· World
Bit Digital increases Ethereum holdings to 158,462 ETH with $20 million purchase
Bit Digital has purchased 8,568 ETH for $20 million, raising its total holdings to 158,462 ETH. This strategic acquisition positions the company as the fourth-largest public corporate holder of Ether, coinciding with a recent drop in ETH prices. The long-term implication suggests that Bit Digital aims to leverage its significant Ethereum treasury to capitalize on future growth in decentralized finance and AI applications.
5 sourcesMay 31Low
- Crypto· World
UniCredit warns of Europe's vulnerability to a crypto bank crisis under MiCA regulations
Elena Carletti of UniCredit has raised alarms about Europe's preparedness for a potential crisis involving crypto banks, citing limitations in the MiCA regulatory framework. This concern is heightened by the inadequacy of the EU's deposit insurance, which covers only up to €100,000, compared to more robust protections in the U.S. The long-term implication is that the effectiveness of MiCA regulations will be critical in shaping the future stability of the crypto banking sector in Europe.
3 sourcesMay 31Low
- Economy· World
Federal Reserve Vice Chair Warns of Persistent Inflation Risks in Tokyo Speech
Federal Reserve Vice Chair Philip Jefferson highlighted ongoing inflation risks during a conference in Tokyo. This warning comes as he acknowledges the resilience of the U.S. labor market, which allows the Fed to maintain its focus on inflation control. The long-term implication suggests that the Federal Reserve may keep interest rates elevated to combat inflationary pressures, impacting borrowing costs and economic growth.
4 sourcesMay 31Low
- Economy· World
Gold prices hit two-month low amid US-Iran tensions
Gold prices have fallen to their lowest level in two months due to escalating tensions between the US and Iran following recent airstrikes. The strengthening dollar and rising inflation concerns triggered this decline, impacting investor sentiment towards gold and other precious metals. As geopolitical tensions continue, the market is likely to experience volatility, with investors closely monitoring upcoming US economic data for further implications.
3 sourcesMay 31Low
- Crypto· World
Bitcoin price drops below $73,000 amid regulatory and geopolitical pressures
Bitcoin's price has fallen below $73,000 as regulatory concerns and geopolitical tensions impact the cryptocurrency market. This decline is triggered by Donald Trump's advocacy for the CLARITY Act, which faces ethical scrutiny that may hinder its progress. The long-term implication suggests that without clearer regulatory frameworks, the cryptocurrency market will continue to experience volatility and uncertainty.
5 sourcesMay 31High
- Economy· World
Gold prices recover amid U.S.-Iran diplomatic hopes
Gold and silver futures have settled higher following recent fluctuations tied to geopolitical tensions between the U.S. and Iran. The immediate trigger for this recovery is the emergence of tentative hopes for a U.S.-Iran agreement after military actions escalated inflation fears. In the long term, continued monitoring of U.S.-Iran negotiations and economic indicators will likely influence gold price volatility and market dynamics.
3 sourcesMay 31Low
- Business· World
Hormel Foods Reports Strong Q2 Earnings with 4% Stock Price Increase
Hormel Foods has exceeded analyst expectations in its fiscal second-quarter earnings report, marking its sixth consecutive quarter of organic sales growth. This positive performance is attributed to the successful implementation of the company's turnaround strategy. If this momentum continues, Hormel Foods is likely to further solidify its market position and enhance shareholder value in the long term.
3 sourcesMay 31Low
- Business· World
Johnson & Johnson faces risks despite successful biotech partnerships
Johnson & Johnson has effectively leveraged partnerships to acquire valuable biotech assets at lower costs. This strategy is currently under scrutiny due to potential vulnerabilities from market fluctuations and increasing competition. In the long term, J&J must prioritize continuous innovation to maintain its competitive edge in the evolving biotech landscape.
3 sourcesMay 31Low
- Economy· World
Global Bond Markets Face Increased Fragility Amid Rising Interest Rates
Interest rates have surged globally, leading to a selloff in bond markets and increased risks for investors. Gita Gopinath attributes this situation to demographic shifts, high public debt, and significant capital demands from the AI sector. The long-term implication suggests that investors may need to reassess their expectations regarding government support during potential financial shocks.
3 sourcesMay 31Low
- Business· World
Replimune to Resubmit Melanoma Drug for FDA Approval After White House Intervention
Replimune has secured an agreement to resubmit its experimental melanoma drug for FDA approval after two previous rejections. This development follows a strategic meeting with White House officials, which has prompted the FDA to reconsider the drug's application. If approved, this could significantly enhance Replimune's market position and investor confidence in the long term.
4 sourcesMay 31Low