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
4261 stories- 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
- Business· World
Krispy Kreme narrows losses while revenue declines amid strategic exit from unprofitable locations
Krispy Kreme has reported a narrowing of its losses and improved margins in its latest earnings report. This positive shift is occurring as the company strategically exits less profitable locations, which has contributed to a decline in overall revenue. If the turnaround efforts continue to succeed, Krispy Kreme may stabilize its revenue and achieve sustainable growth in the future.
3 sourcesMay 10Low
- Business· World
Peloton reports $26 million profit and raises annual sales guidance
Peloton Interactive Inc. has reported a profit of $26 million in its fiscal third quarter, marking a significant turnaround for the company. This positive shift is driven by new commercial offerings and upgraded equipment, which have bolstered investor confidence. Looking ahead, Peloton's raised sales guidance suggests a potential recovery trajectory, warranting close monitoring of its strategic initiatives.
3 sourcesMay 10Low
- Business· World
Kalshi secures $1 billion in Series F funding, doubling valuation to $22 billion
Kalshi has raised $1 billion in a Series F funding round, resulting in a valuation increase from $11 billion to $22 billion within five months. This surge in valuation is driven by a significant 800% increase in institutional trading volume on the platform over the past six months. The long-term implication suggests a potential shift in the acceptance and utilization of prediction markets in mainstream finance, influencing various sectors including finance and politics.
8 sourcesMay 10Low
- Crypto· World
Payward Inc. acquires Reap Technologies for $600 million to enhance Kraken's stablecoin services
Payward Inc., the parent company of Kraken, has announced its acquisition of Hong Kong-based Reap Technologies for up to $600 million. This strategic move is aimed at strengthening Kraken's stablecoin payment services and expanding its footprint in the Asian market. As Kraken integrates Reap's technology, it is likely to bolster its competitive position in the growing cryptocurrency sector, particularly in stablecoin transactions.
8 sourcesMay 10Low
- Business· World
HawkEye 360 successfully completes $416 million IPO amid rising defense sector interest
HawkEye 360 raised $416 million in its IPO, marking a successful market debut. This event is driven by increasing investor enthusiasm for defense-related companies as the IPO market shows signs of recovery. The long-term implication is that this success may encourage more defense contractors to pursue public offerings, reshaping investment dynamics in the sector.
3 sourcesMay 10Low
- Crypto· World
U.S. Treasury Investigates Binance for Sanctions Violations Linked to Iran
The U.S. Treasury has initiated an investigation into Binance for potential sanctions violations related to Iran. This scrutiny arises from allegations that Binance facilitated transactions linked to Iran, prompting the Treasury to request interviews and records from the exchange. The long-term implications could significantly affect Binance's operations and regulatory standing in the U.S. cryptocurrency market.
5 sourcesMay 10Low
- Business· World
GameStop CEO Ryan Cohen bids $56 billion for eBay amid investor skepticism
GameStop's CEO Ryan Cohen has made a $56 billion bid for eBay, prompting significant market reactions. The immediate trigger for this move is the unconventional nature of the bid, which has raised concerns among investors, including Michael Burry, who sold his shares due to debt implications. The long-term implications could reshape GameStop's future and influence investor sentiment in the gaming and retail sectors.
3 sourcesMay 10Moderate
- Business· World
Cloudflare reports 34% revenue growth but announces over 1,100 job cuts
Cloudflare has reported a 34% year-over-year revenue increase for Q1, reaching $639.8 million, while also announcing plans to cut over 1,100 jobs. This shift is driven by the company's transition to an AI-first operating model amid rising AI costs, which has disappointed investors. The long-term implication may involve a reevaluation of operational strategies as Cloudflare seeks to balance innovation with profitability.
3 sourcesMay 10Moderate
- Business· World
Ramp seeks to raise $750 million at over $40 billion valuation
Ramp is in discussions to raise $750 million, targeting a valuation exceeding $40 billion. This funding effort comes on the heels of a previous valuation of $32 billion just six months ago, reflecting strong investor confidence in the fintech sector. If successful, this funding round could further solidify Ramp's competitive position in the corporate card market and the broader fintech landscape.
3 sourcesMay 10Low
- Economy· World
Oil prices drop over 7% amid renewed U.S.-Iran peace talks
Oil prices fell by more than 7% following announcements of renewed peace negotiations between the U.S. and Iran. The immediate market reaction reflects a mix of optimism and skepticism regarding the potential outcomes of these talks. Long-term, the stability of the oil market will hinge on the success or failure of these negotiations and their impact on global oil supply.
4 sourcesMay 10Low
- Crypto· World
Coinbase reports $394 million loss in Q1 2026 amid declining crypto prices
Coinbase has announced a significant quarterly loss of $394 million for Q1 2026, marking its second consecutive quarterly loss. This financial downturn is attributed to a slowdown in trading activity as digital asset prices continue to fall. The company is now focusing on diversifying its offerings to stabilize its financial health and adapt to the challenging market conditions.
8 sourcesMay 10Low
- Business· World
MercadoLibre reports record revenue growth but misses profit expectations
MercadoLibre announced a 49% year-over-year revenue increase for Q1 2026, reaching $8.8 billion, yet its net income fell to $417 million, below analyst expectations. This discrepancy has led to a more than 5% drop in its stock price, reflecting ongoing investor concerns about profitability despite strong revenue growth. Moving forward, the company must focus on improving its profit margins to regain investor confidence and ensure sustainable growth.
3 sourcesMay 10Low