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
5843 stories- Crypto· World
Bitcoin's price drop triggers $1.48 billion in liquidations across cryptocurrency market
Bitcoin has fallen below $60,000, resulting in nearly $1.48 billion in liquidations within the cryptocurrency market. This decline is driven by rising U.S. PCE inflation data, which has raised concerns about sustained high interest rates. The long-term implication is increased volatility in the crypto market as traders remain vigilant for further price movements and potential regulatory responses to inflation.
5 sourcesJun 26
- Business· World
Strategy faces financial instability as cash reserves decline by 38%
Strategy's cash reserves have fallen by 38%, limiting its dividend coverage to just 14 months. This financial strain is prompting analysts to recommend halting Bitcoin purchases to stabilize its finances. If Strategy can restore investor confidence and manage its cash reserves effectively, it may stabilize its financial situation and continue its dividend payments.
3 sourcesJun 26
- Crypto· World
KOSPI index drop triggers significant decline in Bitcoin price
The South Korean KOSPI index fell by more than 8%, triggering a circuit breaker and causing Bitcoin's price to drop below $60,000. This decline is attributed to concerns over leveraged ETF risks related to major semiconductor stocks, highlighting the interconnectedness of cryptocurrency and traditional equity markets. Investors are likely to monitor the recovery of the KOSPI and its impact on Bitcoin, as well as potential regulatory changes regarding leveraged trading in South Korea.
3 sourcesJun 26
- Crypto· World
Over $1 billion in cryptocurrency positions liquidated as Bitcoin hits 2026 low
In the last 48 hours, more than $1 billion in cryptocurrency positions were liquidated due to a significant drop in Bitcoin's price to $59,018, its lowest level in 2026. This liquidation event was triggered by high leverage trading in a volatile market, affecting approximately 138,000 traders. The long-term implication may lead to a shift in trading strategies as traders reassess their leverage approaches in response to market risks.
3 sourcesJun 26
- Business· World
Strategy's stock declines nearly 10% amid lawsuit and Bitcoin scrutiny
Strategy's stock has dropped nearly 10% in the last 48 hours, reaching a new 52-week low. This decline is triggered by a securities lawsuit and ongoing scrutiny over the company's Bitcoin treasury strategy. The long-term implication may force Strategy to reevaluate its Bitcoin holdings and financial strategies to regain investor confidence.
4 sourcesJun 26
- Crypto· World
Ripple intensifies campaign for CLARITY Act amid legislative delays
Ripple has launched a mobile advertising campaign to promote the CLARITY Act as it faces challenges in Congress due to a Senate recess and competing priorities. Senator Cynthia Lummis is advocating for a vote on the bill before the recess, with a critical hearing scheduled for July 17 in New York. The outcome of this hearing could significantly shape the future of cryptocurrency regulation in the U.S.
3 sourcesJun 26
- Business· World
Heineken appoints Rafael Oliveira as new CEO to address declining demand
Heineken has appointed Rafael Oliveira as its new CEO, effective October 1. This decision comes as the company faces a slump in demand, necessitating a fresh leadership approach. The long-term implication is that Oliveira's outsider perspective may lead to innovative strategies aimed at revitalizing Heineken's market position.
3 sourcesJun 26
- Business· World
Fortitude Mining to Merge with HeartSciences for Nasdaq Listing
Fortitude Mining has announced an all-stock merger with HeartSciences, enabling its entry into public markets via Nasdaq. This strategic move allows Fortitude to bypass the traditional IPO process, leveraging HeartSciences' existing operations. The merger could set a precedent for other cryptocurrency companies seeking similar public listings in the future.
3 sourcesJun 26
- Business· World
US government launches $17.5 billion loan program to boost nuclear power sector
The U.S. Energy Department has announced a $17.5 billion loan program aimed at facilitating the construction of up to 10 new nuclear reactors. This initiative is being implemented now to accelerate nuclear power development and reduce reliance on fossil fuels amid ongoing energy challenges. If successful, it could lead to a significant resurgence in nuclear energy in the U.S., transforming the energy landscape and contributing to cleaner energy goals.
4 sourcesJun 26
- Economy· World
Global stock markets decline as South Korean tech selloff impacts Nasdaq
The Nasdaq index fell by 2% following a significant selloff in the tech sector, particularly influenced by events in South Korea. This downturn is triggered by investor concerns over the sustainability of the tech rally amidst fears related to AI and an overstretched market. Long-term implications suggest continued volatility in global markets as participants reassess the tech sector's performance and external economic factors like falling oil prices.
3 sourcesJun 26
- Crypto· World
Ethereum Foundation announces major budget cuts and workforce reduction
The Ethereum Foundation has implemented a 40% budget cut and a 20% reduction in workforce as part of a strategic restructuring. This decision follows the resignation of co-Executive Director Hsiao-Wei Wang and the departure of nine senior figures since January, indicating significant internal challenges. The long-term implication may lead to a more focused approach for Ethereum's development, although concerns about stability persist.
4 sourcesJun 26
- Economy· World
Cboe Global Markets reintroduces binary options on Mini-S&P 500 Index
Cboe Global Markets has launched binary options contracts tied to the Mini-S&P 500 Index, marking its return to prediction markets after over a decade. This initiative is driven by rising investor demand and aims to compete with established platforms like Kalshi and Polymarket. The long-term implication could reshape the competitive landscape of the prediction market sector as Cboe seeks to expand its derivatives business.
4 sourcesJun 26
- Economy· World
Global Technology Stock Selloff Raises Concerns Over AI Rally Sustainability
A significant selloff in technology stocks, particularly among Korean chipmakers, has led to declines in global equity markets. This downturn is triggered by growing concerns about the sustainability of the recent AI-driven stock rally. Long-term implications may include increased volatility in the tech sector and potential policy responses from central banks to stabilize markets.
3 sourcesJun 26
- Economy· UAE
UAE oil exports rebound to 85% of pre-war levels amid geopolitical tensions
UAE oil exports have recovered to 85% of pre-Iran war levels as of early June 2026. This recovery is attributed to the UAE's strategic use of alternative shipping routes and infrastructure despite the ongoing closure of the Strait of Hormuz. The long-term implication suggests that the UAE's oil sector may continue to thrive and stabilize global oil markets as geopolitical conditions evolve.
3 sourcesJun 26
- Economy· World
KOSPI index rebounds after 10% decline amid tech selloff
The KOSPI index in South Korea has recovered following a 10% drop attributed to a global selloff in technology stocks. This recovery is occurring as investors shift their focus back to the earnings potential of major chipmakers like Samsung and SK Hynix. The long-term implication suggests that upcoming earnings reports will be critical in shaping future investor confidence and market stability.
4 sourcesJun 26
- Economy· World
South Korean tech sector faces 10% drop in Kospi index driven by leveraged ETF sell-off
The Kospi index in South Korea fell by 10% within the last 48 hours, significantly impacted by sharp declines in shares of major companies like SK Hynix and Samsung. This downturn was triggered by leveraged ETFs selling approximately $6 billion in shares to maintain their ratios amid market volatility. The long-term implication suggests ongoing instability in the semiconductor sector as investors reassess their positions in leveraged ETFs and the broader tech market.
3 sourcesJun 26
- Business· World
Getty Images licenses collection to OpenAI amid generative AI challenges
Getty Images has entered a licensing agreement with OpenAI to provide its image collection for use in ChatGPT. This partnership comes as Getty faces significant stock declines due to competition from generative AI technologies. The long-term implications may involve Getty needing to address unresolved intellectual property issues while leveraging AI to enhance its market position.
3 sourcesJun 26
- Business· World
Walmart acquires Vibe.co for $1.4 billion to enhance advertising capabilities
Walmart has acquired advertising tech firm Vibe.co for $1.4 billion. This acquisition is driven by Walmart's strategy to strengthen its advertising business and compete more effectively against Amazon. The integration of Vibe.co's technology is expected to reshape the competitive dynamics in the retail and advertising sectors.
3 sourcesJun 26
- Economy· World
Iraq Threatens OPEC Exit Over Oil Quota Dispute
Iraq has threatened to leave OPEC due to dissatisfaction with its oil production quota but later clarified that it remains committed to the organization. This situation arises as Iraq seeks to increase its output quota to recover losses from the Iran war. The long-term implication may lead to further negotiations within OPEC regarding production limits and dynamics among member countries.
4 sourcesJun 26
- Business· World
SpaceX launches debut bond offering amid high investor demand
SpaceX has announced its first bond offering, aiming to raise between $20 billion and $25 billion, with demand reaching approximately $89 billion. This surge in interest is driven by investor confidence in the company's future prospects despite warnings about potential market bubbles. The outcome of this bond sale could reshape investor sentiment towards high-growth tech companies and influence similar offerings in the sector.
4 sourcesJun 26