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- Business· World
Microsoft appoints Matthew Ball as chief strategy officer for Xbox
Microsoft has appointed Matthew Ball as the new chief strategy officer for its Xbox division. This strategic move aims to revitalize the Xbox brand ahead of the upcoming Project Helix, leveraging Ball's extensive experience in the gaming industry. The long-term implication is a potential transformation in Xbox's market position and competitive edge in the gaming sector.
3 sourcesMay 23Low
- Crypto· World
XRP Faces Selling Pressure After Rejection at Key Resistance Level
XRP's price has declined to around $1.37 after being rejected at the critical resistance level of $1.50. This selling pressure is occurring as analysts express concerns over potential further losses if XRP fails to maintain support at $1.29. The long-term outlook suggests that a decisive move above $1.50 or below $1.29 will determine XRP's future price trajectory.
3 sourcesMay 23Low
- Crypto· World
Bitcoin's February low of $60,000 may signal the bottom of the current bear market
Bitcoin's recent selloff to $60,000 is being interpreted as a potential bottom for the ongoing bear market. This assessment is driven by research from K33, which highlights unique market conditions and metrics indicating stabilization. If the $60,000 level holds, it could pave the way for a recovery phase in Bitcoin's price and trader sentiment in the coming months.
3 sourcesMay 23Low
- Crypto· World
Bitfinex Bitcoin Margin Longs Reach 2.5-Year High Amid Price Decline
Bitfinex margin longs for Bitcoin surged to 80,636 BTC on May 20, 2026, marking the highest level in 2.5 years. This increase is occurring as Bitcoin's price struggles below key resistance levels, prompting traders to bet on a potential recovery despite market volatility. The high level of margin longs suggests that significant price movements could follow, either leading to a rally or a sharp downturn depending on market reactions.
3 sourcesMay 23Low
- Crypto· World
Dollar stablecoins dominate 99% of the market as non-dollar alternatives struggle
Dollar-pegged stablecoins continue to hold a staggering 99% of the total stablecoin market share, while non-dollar stablecoins remain stagnant at only 0.24%. This situation is exacerbated by ongoing development efforts that have failed to significantly increase the market presence of non-dollar alternatives. The long-term implication is that the dominance of dollar stablecoins will likely continue to shape global financial dynamics and hinder diversification in the decentralized finance sector.
3 sourcesMay 23Low
- Crypto· World
Truth Social Withdraws Bitcoin ETF Registration Amidst Crypto Market Challenges
Truth Social has officially requested the withdrawal of its Bitcoin ETF filing with the SEC. This decision comes as the cryptocurrency ETF market faces significant competition and declining demand. In the long term, this may prompt Truth Social to explore alternative strategies in the digital asset space as it reassesses its approach to cryptocurrencies.
5 sourcesMay 23Low
- Crypto· World
U.S. Lawmakers Introduce PARITY Act to Reform Cryptocurrency Taxation
A bipartisan group of U.S. lawmakers has introduced the Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields Act (PARITY Act) to address the tax implications of small cryptocurrency transactions. This legislative move is triggered by the significant volume of tax forms submitted by Kraken, highlighting the need for tax reform in light of the growing digital asset market. If passed, the PARITY Act could lead to more favorable tax conditions for small crypto transactions, potentially encouraging broader participation in the digital asset market.
3 sourcesMay 23Low
- Crypto· World
1.92 million Bitcoin at risk from quantum computing threats
Glassnode has reported that approximately 1.92 million Bitcoin, representing 9.6% of the total supply, is vulnerable to potential quantum computing breakthroughs. This urgent concern arises as advancements in quantum technology threaten the cryptographic security of cryptocurrencies. The cryptocurrency industry must prioritize the development of quantum-resistant protocols to safeguard digital assets in the long term.
3 sourcesMay 23Low
- Crypto· World
Qivalis Expands European Stablecoin Consortium to 37 Banks
Qivalis has added 25 banks to its consortium, increasing its total membership to 37 institutions. This expansion is driven by a concerted effort among European banks to establish a euro-backed stablecoin and reduce dependence on U.S. financial systems. The initiative is expected to reshape the competitive landscape of digital currencies in Europe as it prepares for a launch in late 2026.
6 sourcesMay 23Low
- Crypto· World
Bitcoin price drops below $80,000 amid selling pressure and demand concerns
Bitcoin's price has fallen below the $80,000 mark, triggering significant selling pressure in the market. This decline is occurring due to a lack of sustained demand and weakening ETF flows, which have raised concerns about future price stability. Analysts suggest that if the current trend continues, Bitcoin may retest the $70,000 level, indicating a potential consolidation phase ahead.
3 sourcesMay 23Low
- Crypto· World
Singapore's MAS Revokes Bsquared Technology's Crypto License
The Monetary Authority of Singapore has revoked the crypto payment license of Bsquared Technology due to serious regulatory breaches and false information. This action follows 16 months of scrutiny and highlights the urgent need for compliance in the cryptocurrency sector. The long-term implication may lead to increased regulatory oversight and scrutiny of other crypto firms operating in Singapore.
4 sourcesMay 23Low
- Crypto· World
Italian authorities uncover major tax evasion scheme involving Bitcoin Ordinals
Italian investigators have traced over €1 million in undeclared gains linked to Bitcoin Ordinals in a significant tax evasion case. This surge in digital asset misuse is driven by criminals increasingly adopting innovative cryptocurrencies to evade tax regulations. The long-term implication is a likely increase in regulatory scrutiny and potential changes in laws governing cryptocurrency transactions to combat tax evasion effectively.
3 sourcesMay 23Low
- Crypto· World
European Commission reviews Markets in Crypto-Assets Regulation amid evolving digital asset landscape
The European Commission has launched a consultation to review its Markets in Crypto-Assets Regulation (MiCA) framework. This review is prompted by rapid changes in the digital asset landscape and growing support for euro-pegged stablecoins. The outcome of this consultation could significantly reshape the regulatory landscape for cryptocurrencies in Europe and influence global crypto regulations.
6 sourcesMay 23Low
- Crypto· World
Ark Invest invests $4.4 million in Bullish cryptocurrency exchange amid market downturn
Ark Invest has purchased $4.4 million in shares of Bullish following a five-day decline in the stock. This investment comes as Bullish's shares dropped 15.4% due to mixed Q1 earnings, prompting Ark to capitalize on the downturn. The move indicates a growing institutional interest in regulated digital assets, potentially stabilizing the cryptocurrency market in the long term.
4 sourcesMay 23Low
- Crypto· World
Whale Trader Sells $36 Million in HYPE Tokens to Mitigate Short Position Risks
Whale trader Loracle has sold 616,675 Hyperliquid (HYPE) tokens worth $36 million to defend against a $103 million short position as the token approaches its all-time high. This action is prompted by rising liquidation risks and increasing stakes from major investors like Grayscale and a16z. The ongoing volatility in HYPE's price could lead to further fluctuations, impacting investor strategies in the cryptocurrency market.
4 sourcesMay 23Low
- Business· World
HYPE ETF Attracts $16 Million in Inflows in Just Nine Days
The HYPE ETF has seen a significant influx of $16 million, raising its total assets to $81 million within nine days. This surge is driven by increasing investor interest in thematic ETFs that focus on sectors considered resilient to technological disruption. The long-term implication suggests a shift in investment strategies towards innovative and resilient themes, potentially influencing market dynamics and regulatory considerations in the ETF landscape.
7 sourcesMay 23Low
- Business· World
Marks & Spencer reports 29% drop in pretax profit due to cyberattack
Marks & Spencer has announced a 29% decline in pretax profit for fiscal year 2026, attributed to a significant cyberattack. The immediate recovery in performance during the second half of the year has led the company to express optimism about surpassing pre-cyberattack profit levels in the future. This incident highlights the increasing vulnerability of retailers to cyber threats and the necessity for enhanced cybersecurity measures moving forward.
3 sourcesMay 23Low
- Economy· World
UK inflation drops to 2.8%, lowest in over a year
UK inflation has decreased to 2.8%, marking the lowest rate in over a year. This decline is driven by lower electricity and gas bills, prompting traders to adjust their expectations for future interest rate hikes by the Bank of England. Long-term implications suggest that while consumers may experience temporary relief, potential future price pressures could complicate economic stability.
4 sourcesMay 23Moderate
- Business· World
TJX Cos. reports 29% increase in Q1 earnings and raises full-year guidance
TJX Cos. has announced a 29% increase in first-quarter earnings, prompting the company to raise its full-year sales and profit forecasts. This surge in earnings is attributed to the retailer's successful strategy in attracting consumers seeking value in a cautious economic environment. As a result, TJX is well-positioned for continued growth in the retail sector amidst shifting consumer preferences towards off-price shopping.
5 sourcesMay 23Low
- Business· World
Morgan Stanley mandates separate phones for bankers traveling to China
Morgan Stanley has implemented a policy requiring its bankers to use separate phones during trips to China. This decision is driven by escalating concerns over data security and the risks associated with operating in the Chinese market. In the long term, this move may prompt other financial institutions to adopt similar measures to safeguard sensitive information in regions with stringent data regulations.
3 sourcesMay 23Low