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- Economy· MENA
Federal Reserve Maintains Interest Rates Amid Rising Inflation Under Kevin Warsh
During the Federal Open Market Committee meeting on June 16-17, 2026, the Federal Reserve decided to keep interest rates unchanged despite inflation reaching 4.2% year-over-year. This decision comes as inflationary pressures are primarily driven by rising energy costs linked to geopolitical tensions in the Middle East. The Fed's cautious approach suggests potential future tightening measures as it navigates economic growth against persistent inflation risks.
41 sourcesJun 18Moderate
- Economy· World
Federal Reserve signals imminent rate hikes as nine officials adjust monetary policy outlook
The Federal Reserve's updated dot plot indicates that nine officials now expect rate hikes within this year, marking a significant shift in monetary policy. This change is driven by a hawkish stance aimed at controlling inflation and managing economic growth. Long-term, this could lead to increased market volatility and adjustments in investment strategies across various asset classes.
3 sourcesJun 17High
- Economy· World
U.S. Retail Sales Surge in May Reflects Strong Consumer Spending
U.S. retailers reported higher-than-expected sales growth in May, indicating a significant shift in consumer behavior. This surge is occurring despite elevated gasoline prices, suggesting that consumers are prioritizing spending on retail goods. If this trend continues, it may bolster economic recovery and influence future fiscal and monetary policies.
3 sourcesJun 17Low
- Business· World
CarMax reports fiscal first-quarter profit decline despite higher sales
CarMax's fiscal first-quarter profit has fallen even as sales increased, attributed to strategic price cuts aimed at stimulating demand. The company's earnings exceeded analyst estimates by $0.35, indicating a positive reception to its new pricing strategy. Moving forward, CarMax's ability to sustain sales growth while managing profitability will be critical to its long-term success in a competitive market.
3 sourcesJun 17Low
- Economy· World
Reserve Bank of Australia holds interest rates at 4.35%
The Reserve Bank of Australia has decided to maintain its official interest rate at 4.35% after three consecutive hikes earlier this year. This decision reflects the central bank's ongoing assessment of inflation and economic conditions, as indicated by Governor Michele Bullock's comments on potential future increases. The long-term implication suggests that the RBA's future rate decisions will significantly impact mortgage holders and the broader Australian economy.
6 sourcesJun 16Low
- Business· MENA
Riyadh Air launches first domestic flights between Riyadh and Jeddah
Riyadh Air has officially commenced its first domestic flights from Riyadh to Jeddah. This launch is part of Saudi Arabia's broader strategy to enhance its aviation sector and introduce competition on one of the world's busiest air routes. The long-term implication is a potential reshaping of the domestic air travel landscape, leading to improved services and lower fares for consumers.
3 sourcesJun 16Low
- Economy· MENA
GCC youth population reaches 23.5 million with rising employment rates
The youth population in the Gulf Cooperation Council has reached 23.5 million in 2024, marking a significant demographic shift. This increase is driven by a positive trend in workforce participation, with 14.2 million young people employed in 2025. Long-term, this demographic growth is expected to necessitate enhanced education and employment policies to support economic prosperity in the region.
4 sourcesJun 16Low
- Business· World
Microsoft considers restructuring Xbox division amid declining profit margins
Microsoft is exploring the possibility of restructuring its Xbox division, including a potential spin-off or joint venture. This move is prompted by the division's profit margins dropping to a concerning 3% under new leadership. The outcome of these discussions could significantly reshape the competitive landscape of the gaming industry in the long term.
3 sourcesJun 16Low
- Crypto· World
25% of Major Tech Firms Now Hold Bitcoin Following SpaceX IPO
Michael Saylor announced that 25% of the 'Mag 8' companies now hold Bitcoin on their balance sheets. This shift is attributed to the recent IPO of SpaceX, which has catalyzed increased corporate adoption of Bitcoin as a strategic financial asset. The long-term implication is a likely evolution in corporate finance as more companies recognize Bitcoin's potential as a viable financial instrument.
3 sourcesJun 16Low
- Crypto· World
Ripple launches XRPL AI Starter Kit to enhance autonomous payments with XRP and RLUSD
Ripple has introduced the XRPL AI Starter Kit, enabling AI agents to facilitate payments using XRP and RLUSD. This initiative is a direct response to USDC's dominance in the x402 machine-payment network, aiming to leverage the XRPL's speed and low fees. If successful, this move could significantly alter the competitive landscape in cryptocurrency transactions, attracting developers and users away from USDC.
3 sourcesJun 16Low
- Crypto· World
Charles Hoskinson clarifies use of 1,096 BTC for Cardano audit costs
Charles Hoskinson confirmed that the 1,096 BTC, valued at approximately $70 million, was used to cover audit expenses from Cardano's 2016 crowdsale. This clarification comes amid ongoing disputes regarding the funds and their management, raising concerns about transparency in crypto governance. The situation may lead to increased regulatory scrutiny and calls for greater accountability in the cryptocurrency sector.
3 sourcesJun 16Low
- Crypto· World
Bitcoin ETFs see significant inflows while Ethereum ETFs face outflows
Bitcoin ETFs have recorded $86 million in inflows, contrasting with $4.95 million in outflows for Ethereum ETFs. This shift is driven by a growing institutional preference for Bitcoin amidst market fluctuations. Long-term, this trend may indicate a need for Ethereum to address investor concerns to regain confidence and stabilize its ETF performance.
5 sourcesJun 16Low
- Crypto· World
Zcash price surges after successful security audit by Anthropic AI
Zcash's price increased by 25% following a security audit by Anthropic AI that confirmed no serious vulnerabilities in the protocol. This surge in confidence was triggered by the audit results, which alleviated concerns stemming from a previous flaw that led to an emergency hard fork. In the long term, this event may enhance investor interest in Zcash and similar cryptocurrencies, potentially impacting the broader privacy coin market.
6 sourcesJun 16Low
- Crypto· World
Strategy increases Bitcoin holdings by $100 million amid market volatility
Strategy has acquired 1,587 Bitcoin for approximately $100 million, raising its total holdings to 846,842 BTC. This acquisition is driven by a strategic focus on maintaining liquidity as market conditions fluctuate. In the long term, this aggressive investment approach may influence market trends and set a precedent for other institutional investors in the cryptocurrency space.
3 sourcesJun 16Low
- Crypto· World
Coinbase Urges Bitcoin Community to Prepare for Quantum Security Risks
Coinbase's advisory board has called for the Bitcoin community to take immediate action against potential quantum computing threats. This urgency arises from growing concerns about the vulnerabilities of old wallets and reused addresses as quantum technology advances. The long-term implication is that the Bitcoin ecosystem must develop and adopt quantum-resistant security measures to safeguard its assets and ensure network integrity.
4 sourcesJun 16Low
- Crypto· World
Delays in CLARITY Act Approval Impact Cryptocurrency Regulation
Lawmakers are unlikely to pass the CLARITY Act by the July 4 deadline due to logistical challenges. The focus has shifted to the August recess for potential approval, highlighting the urgency for regulatory clarity in the cryptocurrency sector. Prolonged delays could undermine investor confidence and hinder market growth in the crypto industry.
3 sourcesJun 16Low
- Crypto· World
Standard Chartered Analysts Predict Bitcoin Has Reached Market Bottom
Standard Chartered analysts have indicated that Bitcoin has likely reached its lowest point following recent market movements. This assessment is driven by a resurgence in corporate buying and ETF inflows, coupled with declining oil prices. The long-term implication suggests a potential recovery in the cryptocurrency market, with a bullish price target of $100,000 for Bitcoin.
4 sourcesJun 16Low
- Crypto· World
Bitcoin ETFs face $316 million in outflows as altcoins gain traction
Bitcoin ETFs have experienced significant outflows totaling $316 million over the past week, marking a continued decline. This shift is driven by institutional investors reallocating their assets towards altcoins like XRP and HYPE, reflecting a change in market sentiment. The long-term implication suggests that the cryptocurrency landscape may evolve, with altcoins potentially gaining more prominence and Bitcoin and Ethereum needing to address investor concerns to regain confidence.
3 sourcesJun 16Low
- Business· MENA
SpaceX IPO boosts valuation of Kingdom Holding Company to $6.83 billion
The recent IPO of SpaceX has significantly increased the value of Kingdom Holding Company's stake in the company to approximately $6.83 billion. This surge follows the highly anticipated public offering of SpaceX, which has attracted major investor interest. In the long term, this development may encourage further investments in the tech and space sectors by prominent investors like Prince Alwaleed bin Talal.
6 sourcesJun 16Low
- Economy· World
Stock market revival driven by record fundraising in AI sector
The stock market is experiencing a resurgence as companies like SpaceX and Alphabet lead a record fundraising wave. This shift is occurring now due to a renewed investor appetite for new stock offerings, particularly in the AI sector. Long-term implications suggest increased market volatility as analysts predict fluctuations in high-profile AI stocks over the coming months.
3 sourcesJun 16Low