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
4284 stories- Crypto· World
U.S. Senate Advances CLARITY Act for Cryptocurrency Regulation
The U.S. Senate is advancing the CLARITY Act after reaching a compromise on stablecoin yield provisions. This legislative progress is occurring now due to the finalization of these provisions, which has garnered support from the crypto industry despite ongoing concerns. The long-term implication is that this act could reshape the operational landscape for cryptocurrency firms in the U.S., influencing how they engage with consumers and regulators.
3 sourcesMay 5High
- Crypto· World
Brazil bans cryptocurrencies for cross-border payments
Brazil's central bank has enacted a ban on the use of cryptocurrencies, particularly stablecoins, for cross-border payments. This decision comes as part of a broader effort to regulate the crypto market in Brazil, where approximately 90% of crypto transactions involve stablecoins. The long-term implication may lead to a reevaluation of crypto regulations in other countries as they observe Brazil's approach, potentially fragmenting the global crypto market.
3 sourcesMay 5Low
- Crypto· World
Coinbase Advances CLARITY Act as Bitcoin Surges to $80,000
Coinbase has reported progress on a Senate deal that may facilitate the passage of the CLARITY Act, coinciding with Bitcoin reaching a price of $80,000. This surge is driven by increasing investor confidence in the cryptocurrency market amid positive regulatory developments regarding stablecoins. As regulatory clarity improves, institutional adoption of Bitcoin is expected to rise, potentially stabilizing its market value in the long term.
3 sourcesMay 5High
- Crypto· World
Paradigm Bitcoin Proposes PACTs to Safeguard Dormant Bitcoin from Quantum Threats
A new proposal for Provable Address-Control Timestamps (PACTs) was introduced to protect dormant Bitcoin holders from potential quantum computing risks. This initiative is prompted by the increasing advancements in quantum technology that could compromise Bitcoin's cryptographic security. If successful, PACTs could redefine asset management in the cryptocurrency space, ensuring the long-term viability of Bitcoin against future technological challenges.
3 sourcesMay 5Low
- Crypto· World
Bitcoin Surpasses $80,000 Amid Geopolitical Relief and ETF Demand
Bitcoin's price surged above $80,000 for the first time since January, reflecting a significant recovery in the cryptocurrency market. This increase was triggered by easing tensions in the Strait of Hormuz and strong institutional demand for Bitcoin exchange-traded funds. The long-term implication suggests that ongoing geopolitical developments will continue to influence Bitcoin's price movements and its role as a hedge against economic uncertainty.
3 sourcesMay 5Moderate
- Business· World
Warren Buffett Endorses Greg Abel as New CEO of Berkshire Hathaway
Warren Buffett publicly endorsed Greg Abel as the new CEO of Berkshire Hathaway during the annual shareholder meeting on May 2, 2026. This endorsement comes after Buffett's retirement in January 2026, amidst a strong financial performance and a significant cash reserve. The long-term implication is a focus on continuity in leadership and capital allocation strategies as the company navigates a cautious market environment.
8 sourcesMay 5Low
- Economy· World
Trump Raises Tariffs on EU Automotive Imports to 25%
Donald Trump has announced a significant increase in tariffs on cars and trucks imported from the European Union, raising the rate to 25%. This decision is part of a broader trade dispute and follows recent geopolitical tensions, including the withdrawal of US troops from Germany. The long-term implication may involve retaliatory measures from the EU and further strain on international trade relations, particularly affecting the automotive sector in Germany.
3 sourcesMay 5Low
- Business· World
Spirit Airlines files for bankruptcy and ceases operations amid soaring fuel prices
Spirit Airlines has shut down operations and filed for bankruptcy on May 2, 2026. The immediate cause is the doubling of jet fuel prices linked to the ongoing war in Iran. This event raises concerns about the financial stability of the airline industry and may lead to increased market share for competitors while prompting a reevaluation of operational strategies among airlines.
4 sourcesMay 5Low
- Business· World
Berkshire Hathaway's Q1 profits more than double driven by investment growth
Berkshire Hathaway reported a more than doubling of its first-quarter profits, attributed to significant growth in investment values and operational improvements. This surge comes as the company approaches a cash reserve of nearly $400 billion, coinciding with the upcoming annual shareholder meeting. The strong financial performance positions Berkshire Hathaway for strategic investments and growth opportunities in the future.
3 sourcesMay 5Low
- Business· UAE
Dubai International Airport processes 6 million passengers amid regional unrest
Dubai International Airport has successfully handled 6 million passengers despite recent regional disruptions. The immediate cause for this achievement is the recent lifting of airspace restrictions in the UAE, which has allowed for increased flight operations. Looking ahead, the airport is poised to enhance its operational capabilities and passenger services, signaling a recovery in the aviation sector as global travel resumes.
4 sourcesMay 4Low
- Economy· MENA
Saudi Arabia launches Non-Oil Revenue Center to diversify economy
The Saudi government has established a Non-Oil Revenue Center to manage and enhance non-oil revenue sources. This initiative is driven by the need for fiscal sustainability and economic balance as the country seeks to reduce its dependence on oil revenues. The long-term implication is a strategic shift towards diversifying revenue streams, which will be critical for Saudi Arabia's economic health and sustainability efforts.
3 sourcesMay 4Low
- Economy· World
Global electric vehicle sales decline in Q1 2026 driven by major market drops
Electric vehicle sales worldwide fell by 1% in Q1 2026 compared to the same period in 2025. This downturn was primarily driven by substantial drops in sales in key markets like China and the United States, despite some gains in Europe. As the market adjusts to these changes, stakeholders will need to focus on innovation and consumer engagement to sustain growth in the electric vehicle sector.
3 sourcesMay 4Low - Crypto· World
Carrot Protocol permanently shuts down after $8 million exploit loss
Carrot Protocol has announced its permanent shutdown following an $8 million loss due to a security breach linked to the Drift Protocol. This incident, which caused Carrot's total value locked to plummet by 93%, highlights the vulnerabilities in decentralized finance platforms. The long-term implication is a likely increase in scrutiny and regulatory measures aimed at enhancing security within the DeFi sector.
3 sourcesMay 4Low - Crypto· MENA
XRP Integrates with Rakuten Wallet Amidst Regulatory Uncertainty
XRP has been integrated into Rakuten Wallet, leading to a surge in positive sentiment and social media discussions. This integration coincides with potential regulatory changes in Japan that could reduce cryptocurrency taxation, enhancing XRP's attractiveness. If these regulatory changes are implemented, XRP may experience increased demand and a breakout above its current price resistance of $1.40.
4 sourcesMay 4Low - Business· World
Fun secures $72 million in Series A funding to enhance fiat and cryptocurrency payment integration
Fun has raised $72 million to develop unified payment solutions for both fiat and cryptocurrency. This funding round, co-led by Multicoin and SignalFire, is occurring now due to the growing demand for seamless digital payment systems. The long-term implication is that Fun could significantly influence the mainstream adoption of cryptocurrency payments across various platforms and industries.
3 sourcesMay 4Low
- Crypto· World
Tether Reports $1.04 Billion Net Profit and Record $8.23 Billion Reserve Buffer for Q1 2026
Tether announced a net profit of $1.04 billion and an excess reserve buffer of $8.23 billion for Q1 2026. This financial performance is attributed to yields from substantial U.S. Treasury holdings amid high interest rates and a diversified asset base. The long-term implication suggests Tether's strengthened position in the stablecoin market, potentially influencing regulatory scrutiny and competitive dynamics in the crypto sector.
6 sourcesMay 4Low - Crypto· World
Bitcoin approaches $80,000 resistance following significant rally
Bitcoin has surged to nearly $79,000, resulting in the liquidation of $120 million in bearish positions. This rally is driven by institutional investors and a growing sentiment in the options market, which indicates a potential short squeeze as traders accumulate calls at the $80,000 mark. If Bitcoin breaks above this threshold, it could trigger substantial buying activity and further price increases in the cryptocurrency market.
3 sourcesMay 4Moderate - Crypto· World
Taiwan proposes investing foreign exchange reserves in Bitcoin amid geopolitical tensions
Taiwan's legislator Ko Ju-Chun has formally proposed converting a portion of the country's foreign exchange reserves into Bitcoin. This initiative arises from increasing tensions with China, prompting a reevaluation of asset strategies. The long-term implication could be a shift in how nations perceive and utilize cryptocurrencies as part of their financial reserves.
3 sourcesMay 4High
- Crypto· World
World Liberty Financial faces scrutiny over undisclosed WLFI token sales
World Liberty Financial has reportedly sold 5.9 billion WLFI tokens privately, resulting in a significant drop in its market value. This event is triggered by revelations of undisclosed transactions that raise serious concerns about transparency and governance in the cryptocurrency sector. The long-term implication may lead to increased regulatory scrutiny and demands for greater transparency across cryptocurrency ventures, particularly those with high-profile connections.
3 sourcesMay 4Low
- Crypto· World
Seoul court stays Bithumb's suspension by Financial Intelligence Unit
A Seoul court has temporarily halted a six-month suspension imposed on Bithumb by South Korea's Financial Intelligence Unit. This legal decision follows a similar ruling favoring another exchange, Upbit, indicating a potential shift in the regulatory landscape for cryptocurrency firms in South Korea. The outcome may influence future regulatory approaches and enforcement actions against cryptocurrency exchanges in the country.
3 sourcesMay 4Low