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
8533 stories- Business· UAE
Disney Advances Abu Dhabi Theme Park Plans Amid Regional Tensions
Disney has confirmed that its plans for a theme park in Abu Dhabi are progressing as scheduled despite ongoing regional conflicts. This commitment is driven by Disney's broader expansion strategy in the Middle East and reflects confidence in the UAE's ability to manage investment stability. The successful execution of this project could enhance Disney's presence in the Middle East market and serve as a benchmark for future investments in the region.
3 sourcesMay 10
- Crypto· UAE
UAE Launches Regulated AED-USD Stablecoin Conversion Framework
A new regulated framework for AED-USD stablecoin conversions has been introduced in the UAE. This initiative is part of the UAE's broader strategy to regulate and promote digital currencies, enhancing the region's cryptocurrency market. The long-term implication could lead to increased adoption of stablecoins in institutional finance within the UAE.
3 sourcesMay 10Low
- Crypto· World
Bitwise Asset Management acquires Superstate's USCC fund for $267 million
Bitwise Asset Management has announced its acquisition of Superstate's USCC fund, valued at approximately $267 million. This strategic move is driven by the growing institutional interest in tokenized investment products at this moment. The acquisition positions Bitwise to lead in the expanding market for tokenized funds, potentially prompting other firms to pursue similar opportunities.
3 sourcesMay 10Low
- Crypto· World
TrustedVolumes DeFi platform suffers $6.7 million hack due to smart contract vulnerability
TrustedVolumes, a DeFi platform, was hacked resulting in a loss of approximately $6.7 million due to a flaw in its smart contract's signature validation logic. The immediate trigger for this incident is the exploitation of a vulnerability that has become increasingly common in the DeFi sector, which has seen a surge in hacks recently. In the long term, this incident highlights the urgent need for enhanced security measures across DeFi platforms to prevent future exploits and protect user funds.
4 sourcesMay 10Moderate
- Crypto· World
Germany proposes ending tax-free holding period for cryptocurrencies by 2027
Germany is planning to revise its cryptocurrency tax regulations, potentially eliminating the one-year tax-free holding period for digital assets starting in 2027. This initiative is driven by Finance Minister Lars Klingbeil's push for increased government revenue through stricter tax enforcement. The long-term implication could be a shift in investor behavior, potentially diminishing Germany's appeal as a crypto-friendly nation.
3 sourcesMay 10Moderate
- Business· World
Core Scientific transitions from Bitcoin mining to AI data center operations
Core Scientific has sold $208 million in Bitcoin and reported a $347 million loss as it pivots to AI hosting. This shift is driven by the company's colocation revenue surpassing its mining revenue for the first time, reflecting a strategic change in its business model. The long-term implication is that Core Scientific may increasingly rely on AI infrastructure to generate revenue, moving away from its previous dependence on cryptocurrency mining.
3 sourcesMay 10Low
- Crypto· UAE
BNY Partners with Finstreet and ADI Foundation to Launch Crypto Custody Services in UAE
BNY has announced a partnership to provide regulated cryptocurrency custody services in the UAE, focusing initially on Bitcoin and Ethereum. This move is triggered by the growing institutional interest in digital assets and the UAE's emergence as a regulatory hub for cryptocurrencies. Long-term, this initiative is expected to attract more institutional investors to the UAE, enhancing regulatory clarity and innovation in the digital asset space.
3 sourcesMay 10Low
- Crypto· World
JPMorgan Projects Strategy to Increase Bitcoin Purchases to $30 Billion in 2026
JPMorgan analysts predict that Strategy could accelerate its Bitcoin purchases to $30 billion in 2026. This forecast follows the company's aggressive acquisition strategy, having already added over 145,000 BTC this year despite reporting significant financial losses. If successful, this move could position Strategy as a dominant player in the evolving cryptocurrency market.
3 sourcesMay 10Low
- Crypto· World
DeFi Projects Migrate Assets to Chainlink Following Kelp DAO Exploit
Solv Protocol has announced the migration of over $700 million in tokenized Bitcoin to Chainlink's infrastructure in response to security vulnerabilities exposed by the Kelp DAO exploit. This significant shift, involving nearly $1 billion in total assets, reflects a growing trend among DeFi projects prioritizing security and reliability in their infrastructure choices. As the DeFi sector evolves, this focus on secure oracle solutions is likely to shape future developments and partnerships within the industry.
3 sourcesMay 10High
- Crypto· World
XRP Struggles to Maintain Key Resistance Level Amid Market Volatility
XRP's price has pulled back to test support levels around $1.40 after failing to hold above the critical resistance of $1.45. This decline is occurring as traders react more to technical factors than to positive developments within the Ripple ecosystem, such as partnerships with major financial institutions. If XRP cannot reclaim the $1.45 level, further declines may ensue, impacting market sentiment and trading strategies.
3 sourcesMay 10Low
- Crypto· World
U.S. crypto exchanges push for amendments to CLARITY Act ahead of Congress markup
Major U.S. crypto exchanges Coinbase, Kraken, and Gemini are lobbying for changes to the CLARITY Act as it approaches its markup date on May 14. The exchanges are concerned that current provisions could restrict the listing of small-cap tokens, limiting innovation in the market. If successful, these lobbying efforts could lead to a more inclusive regulatory environment for cryptocurrencies in the U.S.
3 sourcesMay 10High
- Crypto· World
Tom Lee predicts Bitcoin and Ethereum price surges by end of 2026
Tom Lee, chairman of Bitmine Technology, has set ambitious year-end price targets of $200,000 for Bitcoin and up to $12,000 for Ethereum, signaling a potential market recovery. This optimism is fueled by recent trading patterns and the belief that the crypto winter has ended, coinciding with discussions at Consensus 2026. If these targets are met, it could indicate a significant shift in investor sentiment and market dynamics within the cryptocurrency sector.
3 sourcesMay 10Moderate
- Crypto· World
South Korea confirms 22% tax on cryptocurrency gains effective January 2027
South Korea has announced a 22% tax on cryptocurrency gains exceeding 2.5 million won, set to take effect in January 2027. This decision comes as the Finance Ministry collaborates with major exchanges to establish reporting systems in anticipation of the new regulations. The long-term implication is a potential shift in trading behaviors and increased scrutiny of crypto transactions within the South Korean market.
5 sourcesMay 10Low
- Crypto· World
Bollinger Bands Indicator Signals Bullish Trend for Bitcoin
John Bollinger's trading model has turned bullish on Bitcoin, indicating a potential new bull market. This shift is occurring as Bitcoin attempts to break above a significant Bollinger Bands setup, which historically precedes major price rallies. If confirmed, this could lead to a significant price movement towards the psychological milestone of $100,000 in the coming weeks.
4 sourcesMay 10Low
- Crypto· World
New South Wales Police Seize 52.3 Bitcoin Linked to Darknet Activities
New South Wales Police have seized 52.3 Bitcoin valued at approximately $4.2 million, connected to illegal activities on the darknet. This operation is part of a broader crackdown on cryptocurrency-related crime, coinciding with tightening regulations from AUSTRAC. The long-term implication is an anticipated shift towards privacy coins by criminals as law enforcement enhances its tracking capabilities.
3 sourcesMay 10Low
- Crypto· World
XRP Faces Declining Trading Activity and Whale Inflows at 2021 Lows
XRP's trading activity on Binance has significantly decreased, with whale inflows reaching their lowest level since 2021. This decline is occurring as the market cools, reflected in the Whale vs Retail Spread dropping to approximately 88.8%. If macro conditions remain stable, XRP may only experience mid-term weakness rather than a bearish cycle.
3 sourcesMay 10Low
- Business· World
Samsung halts TV and appliance sales in China amid fierce local competition
Samsung Electronics has announced it will cease sales of its televisions and home appliances in China. This decision comes after the company faced significant financial losses of approximately $138 million in 2025 due to intense competition from local brands. The long-term implication suggests a strategic pivot for Samsung to focus on more profitable product lines while maintaining its presence in the Chinese market with smartphones and tablets.
3 sourcesMay 10Low
- Economy· World
Malaysia's central bank maintains interest rate amid Middle East conflict concerns
Malaysia's central bank has decided to keep its benchmark interest rate unchanged for the fifth consecutive meeting. This decision is driven by ongoing uncertainties related to the Middle East conflict, which poses risks to the country's economic growth and inflation. In the long term, the central bank will likely continue to assess the evolving geopolitical situation to inform future monetary policy decisions.
3 sourcesMay 10Low
- Economy· MENA
Saudi Arabia's Public Investment Fund launches successful US dollar bond issuance
The Saudi Public Investment Fund has issued a multi-tranche US dollar bond that attracted over $29 billion in demand, significantly exceeding the $7 billion offering. This surge in investor interest is driven by renewed confidence in the Saudi economy following recent geopolitical developments. The successful issuance is likely to encourage more Gulf issuers to access public markets in the future.
5 sourcesMay 10Low
- Business· UAE
Emirates airline reports record annual profit of $5.4 billion amid regional conflicts
Emirates airline has announced a record profit of $5.4 billion for the year, marking a significant recovery in the airline sector. This achievement comes as the airline has successfully restored operations despite challenges from ongoing conflicts in the Middle East and rising jet fuel prices. The long-term implication suggests a continued recovery trajectory for the airline industry as travel demand rebounds, although it must navigate geopolitical uncertainties and fluctuating fuel costs.
4 sourcesMay 10Low