
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
5886 stories- Crypto· World
Solana's price drops as traders react to Federal Reserve's hawkish stance
Solana's price has dropped after failing to maintain momentum at key resistance levels. This decline is occurring due to a hawkish outlook from the Federal Reserve, which has prompted traders to adopt a risk-off stance. The long-term implication suggests that traders will closely monitor the $60-$65 support zone for potential stabilization or further volatility in the cryptocurrency market.
3 sourcesJun 20
- Crypto· World
Arthur Hayes sells 6,000 Ethereum at a loss amid mixed market sentiment
Arthur Hayes has sold 6,000 Ethereum at a loss while his linked wallet continues to accumulate ETH. This sale coincides with significant buying activity from other large investors, including a whale named 'geministar.eth', indicating a divergence in market sentiment. The contrasting actions suggest potential volatility in Ethereum's price as accumulation trends among whales may influence future market dynamics.
3 sourcesJun 20
- Crypto· World
Bitcoin options expiry triggers bearish sentiment among investors
Bitcoin options worth $2.13 billion expired below max pain levels, reflecting a significant bearish shift in the market. This decline is occurring as only 20% of options are currently in the money, exacerbating investor concerns. In the long term, traders will need to monitor key support levels as further declines may test market resilience and sentiment.
3 sourcesJun 20
- Economy· World
China enhances global yuan usage with new financial measures
China has introduced a package of measures aimed at boosting the international use of the yuan. This initiative is part of China's broader strategy to strengthen its financial infrastructure and mitigate external economic risks. The long-term implication may reshape international trade dynamics and currency competition globally.
3 sourcesJun 20
- Business· World
Kalshi initiates IPO discussions following $2 billion revenue milestone
Kalshi is in early talks for an IPO following significant revenue growth. The company is experiencing increased interest from institutional investors and is expanding its offerings beyond cryptocurrency. This move could lead to broader acceptance of prediction markets in traditional finance and reshape investor strategies.
6 sourcesJun 20
- Business· World
Blackstone Consortium Takes Control of Medallia from Thoma Bravo
Thoma Bravo has transferred control of Medallia Inc. to a consortium led by Blackstone, resulting in a $5 billion loss for Thoma Bravo. This decision comes as Thoma Bravo opts not to invest further in the financially struggling software company. The takeover may indicate a strategic shift for Blackstone as it aims to stabilize Medallia and leverage advancements in AI technology.
4 sourcesJun 20
- Economy· World
U.S. crude oil inventories drop to lowest level since March 1985
U.S. crude oil stockpiles have fallen by 8.3 million barrels, marking the lowest inventory levels in nearly four decades. This decline is driven by reduced net imports and refineries operating at near full capacity. The long-term implication may lead to upward pressure on oil prices as supply tightens in the market.
4 sourcesJun 20
- Business· World
BMW Lowers 2026 Profit Forecast Amid Chinese Market Decline and Middle East Conflict
BMW has cut its full-year profit forecast, reducing its expected automotive EBIT margin from 4-6% to 1-3%. This adjustment is triggered by a slowdown in the Chinese market due to increased competition from local EV manufacturers and ongoing geopolitical tensions in the Middle East. The long-term implication may lead BMW to reevaluate its market strategies and product offerings to regain competitiveness in a challenging landscape.
3 sourcesJun 20
- Business· World
Roelof Botha appointed to SpaceX board following record IPO
Roelof Botha has been elected as an independent director on SpaceX's board of directors. This appointment comes in the wake of SpaceX's record-breaking IPO, filling a vacancy and enhancing the board's oversight capabilities. Botha's extensive experience in venture capital is expected to influence SpaceX's strategic direction as it navigates its new status as a publicly traded company.
4 sourcesJun 20
- Economy· World
Financial markets react to Trump's Iran deal comments and Federal Reserve policy shift
Financial markets have experienced volatility following President Trump's comments on the Iran peace deal and the Federal Reserve's new direction under Chair Kevin Warsh. This reaction is triggered by rising inflation concerns and mixed signals from key economic players. In the long term, investors should prepare for continued market fluctuations as geopolitical tensions and monetary policy evolve.
3 sourcesJun 20
- Business· World
Fox Corporation acquires Roku for $22 billion to enhance streaming capabilities
Fox Corporation has announced its acquisition of Roku for approximately $22 billion. This strategic move is driven by the need to strengthen Fox's position in the competitive ad-supported streaming market. Long-term, this acquisition may lead to further consolidation in the media industry as companies adapt to the growing demand for ad-supported streaming services.
3 sourcesJun 20
- Business· World
Smith & Wesson reports record Q4 earnings driven by strong handgun sales
Smith & Wesson's Q4 earnings and revenue exceeded market expectations, resulting in a 16% increase in share price. The immediate trigger for this surge is the company's robust performance in handgun sales, which has led to heightened investor confidence. Looking ahead, Smith & Wesson is well-positioned for continued growth as demand for firearms remains strong in the market.
3 sourcesJun 20
- Economy· World
Kevin Warsh's hawkish debut as Federal Reserve Chairman triggers bond market volatility
Kevin Warsh's initial statements as Federal Reserve Chairman have led to significant fluctuations in the bond market. His hawkish comments have prompted increased bets on interest rate hikes, reflecting market concerns about inflation. This shift may result in ongoing volatility in financial markets as investors adjust to his leadership style and policy direction.
4 sourcesJun 20
- Business· World
Terry Duffy resigns as CEO of CME Group with Lynne Fitzpatrick set to succeed
Terry Duffy announced his resignation as CEO of CME Group, with Lynne Fitzpatrick appointed as his successor. This leadership transition is part of a planned succession strategy and marks a historic milestone as Fitzpatrick will be the first woman to lead the company. Stakeholders will be closely monitoring her strategic initiatives and leadership style as she prepares to take over on March 1, 2027.
4 sourcesJun 20
- Economy· World
Iran set to boost oil revenue through proposed US peace deal
Iran is poised to significantly increase its oil revenue following a proposed peace deal with the US that allows immediate oil sales and access to a $300 billion development fund. This agreement comes at a time when the region seeks stability after 111 days of conflict. Long-term, this could reshape global energy markets and enhance Iran's economic position on the world stage.
4 sourcesJun 20
- Crypto· MENA
BitGo appoints Angela Ang as Managing Director for Asia-Pacific and President of BitGo Singapore
BitGo has appointed Angela Ang to lead its operations in the Asia-Pacific region. This strategic move is aimed at enhancing BitGo's presence and regulatory compliance in the rapidly evolving digital asset market, leveraging Ang's extensive experience with the Monetary Authority of Singapore. The long-term implication is that BitGo may strengthen its influence and capitalize on emerging opportunities in the APAC cryptocurrency landscape.
3 sourcesJun 20
- Economy· World
Oil market shifts focus from shortages to oversupply concerns
Oil prices rose by 1% amid doubts over a US-Iran deal, while the IEA warned of a looming supply glut. This shift is occurring as the Federal Reserve maintains steady interest rates but signals potential hikes later this year, contributing to broader market volatility. Long-term implications suggest that market participants will need to closely monitor geopolitical developments and economic indicators that could influence oil prices and overall market stability.
3 sourcesJun 20
- Economy· World
Brazil's central bank implements third consecutive interest rate cut amid inflation concerns
Brazil's central bank has cut interest rates for the third consecutive time, signaling a significant shift in monetary policy. This decision comes as inflation remains high and economic growth sluggish, prompting investor skepticism and market sell-offs. Long-term, the central bank's approach may lead to increased market volatility as it attempts to balance growth stimulation with inflation control.
3 sourcesJun 20
- Economy· World
Gold prices decline sharply amid stronger U.S. dollar and Federal Reserve signals
Gold prices fell sharply following the Federal Reserve's decision to maintain interest rates while signaling possible future tightening. This decline is triggered by a stronger U.S. dollar and reduced demand for gold as investors anticipate potential interest rate hikes. In the long term, gold prices are expected to remain volatile as market sentiment is influenced by interest rate expectations and geopolitical developments.
3 sourcesJun 20
- Business· MENA
Jio Platforms files for $4 billion IPO in India and plans satellite network
Jio Platforms Ltd. has officially filed draft listing documents for an initial public offering in India, aiming to raise approximately $4 billion. This move comes as part of Jio's strategy to unlock shareholder value and enhance its competitive position in telecommunications and satellite communications. In the long term, the successful IPO and satellite network development could significantly reshape India's communications landscape and increase Jio's market share.
3 sourcesJun 20