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
4326 stories- Crypto· World
Bitcoin Faces Resistance at $80,000 Amid Profit-Taking and Bearish Sentiment
Bitcoin surged to an intraday peak of $78,924 on May 1, 2026, before settling below $78,300. This volatility was triggered by substantial liquidations of short positions worth $120 million as traders reacted to the price movement. The long-term outlook suggests that continued profit-taking and growing bearish sentiment may hinder Bitcoin's ability to break through the critical $80,000 resistance level.
4 sourcesMay 2Moderate
- Crypto· World
Ethereum Foundation sells 10,000 ETH to BitMine as part of treasury strategy
The Ethereum Foundation has sold 10,000 ETH to BitMine, marking a significant transaction in its treasury management. This sale follows a previous transaction earlier this year and is driven by BitMine's increasing institutional interest in Ethereum. The long-term implication may involve shifts in market dynamics and funding for Ethereum's development projects.
4 sourcesMay 2High
- Crypto· MENA
XRP Gains Bullish Sentiment Following Rakuten Wallet Integration
XRP has seen a surge in social media sentiment after its integration with Rakuten Wallet, enhancing its utility for payments in Japan. This positive sentiment is driven by the potential for favorable tax changes in Japan that could make cryptocurrency more appealing to consumers. If the bullish trend continues and resistance levels are breached, XRP may experience significant price movements in the market.
5 sourcesMay 2Moderate
- Crypto· World
Bitcoin ETFs face significant outflows despite Fidelity's investment
Bitcoin ETFs have experienced a total outflow of $89.6 million, with BlackRock's IBIT leading the withdrawals at $112 million. This shift in investor sentiment is occurring amidst ongoing volatility in the cryptocurrency market, prompting caution among investors. The long-term implications may include increased regulatory scrutiny and a potential reevaluation of investment strategies in the crypto space.
3 sourcesMay 2Low
- Crypto· World
Ripple CEO anticipates CLARITY Act passage by end of May
Ripple CEO Brad Garlinghouse announced at XRP Las Vegas that he believes the CLARITY Act will pass by the end of May. This optimism comes as the bill nears its final procedural hurdle in the Senate. If passed, the CLARITY Act could significantly reshape the regulatory landscape for cryptocurrencies in the U.S., impacting market dynamics and Ripple's strategic direction.
3 sourcesMay 2Moderate
- Crypto· World
Bitcoin price drops below $77,000 amid rising oil prices and US-Iran tensions
Bitcoin's price fell below $77,000 due to rising oil prices and geopolitical tensions stemming from the US-Iran conflict. This decline is triggered by oil prices surging past $104 a barrel, driven by instability in the Middle East and stalled negotiations. The long-term implication suggests that Bitcoin's future performance will remain sensitive to geopolitical developments and oil price fluctuations.
3 sourcesMay 2Low
- Business· World
Carlsberg Reports Strong Q1 Revenue Growth Driven by Diversification Strategy
Carlsberg A/S has reported strong revenue growth for Q1 2026, exceeding forecasts due to increased sales in soft drinks and alcohol-free beverages. This growth is attributed to the company's successful diversification strategy, which has resonated well with consumers despite geopolitical challenges. Looking ahead, Carlsberg's focus on expanding its product offerings may enhance its resilience against future market fluctuations and uncertainties.
3 sourcesMay 2Low
- Business· World
GSK Reports Q1 2026 Core Operating Profit of £2.65 Billion Amidst Declining Sales of Older Medicines
GSK has announced a core operating profit of £2.65 billion for Q1 2026, reflecting a year-over-year increase driven by strong sales in specialty medicines. The company's cautious outlook is attributed to disappointing sales from older respiratory products, prompting a decline in its share price. Moving forward, GSK's ability to revitalize its older product lines will be critical for sustaining investor confidence and overall growth.
3 sourcesMay 2Low
- Business· World
TotalEnergies Reports 51% Profit Surge Amid Middle East Conflict
TotalEnergies has announced a 51% increase in its first quarter net profit, driven by rising energy costs linked to the ongoing conflict in the Middle East. This surge in profits has sparked discussions about potential windfall taxes, particularly from France's opposition Socialist Party, amid accusations of war profiteering. The long-term implication may see increased regulatory scrutiny and potential legislative changes regarding crisis-related profits in the energy sector.
3 sourcesMay 2Low - Crypto· World
MoonPay Acquires Israeli Crypto Security Startup Sodot for $100 Million
MoonPay has completed the acquisition of Israeli crypto security startup Sodot for approximately $100 million in an all-stock deal. This acquisition is driven by the growing institutional demand for secure digital asset services, particularly following recent regulatory advancements in the cryptocurrency market. The long-term implication is the establishment of MoonPay Institutional, which aims to enhance the infrastructure for financial institutions and potentially reshape the crypto landscape for institutional investors.
7 sourcesMay 2Low
- Business· World
Humana reports $1.2 billion first-quarter profit amid Medicare Advantage rating challenges
Humana has reported a first-quarter net income of nearly $1.2 billion, despite facing headwinds from lower Medicare Advantage Star Ratings. The immediate cause of this financial shift is the impact of these ratings on bonuses and overall earnings, which are crucial for the company's profitability. In the long term, Humana's ability to navigate these challenges will be critical for maintaining its financial outlook and managing care costs effectively.
3 sourcesMay 2Low
- Business· World
AstraZeneca announces $405.5 million investment in U.K. cancer drug market
AstraZeneca has committed to a $405.5 million investment in the U.K. to bolster its operations in the cancer drug sector. This decision comes in response to strong demand for its cancer and rare-disease medications, reversing a previous pause in investments due to concerns over innovation incentives. The long-term implication may lead to a strengthened market position for AstraZeneca and potential shifts in U.K. pharmaceutical policies.
3 sourcesMay 2Low
- Economy· World
Iranian rial hits record low amid US-Israel ceasefire
The Iranian rial has reached a record low due to ongoing economic pressures and geopolitical events. This decline is occurring now as a result of increased demand for hard currency following a ceasefire between the US and Israel. Long-term implications include potential volatility in Iran's economy and the oil market, which may lead to further political unrest in the region.
3 sourcesMay 2Low
- Crypto· World
Bitcoin Struggles Below $80,000 Resistance Amid Options Market Dynamics
Bitcoin remains below the $80,000 mark as traders face significant resistance from a concentrated set of call options in the options market. This situation is exacerbated by profit-taking and cautious trading strategies among market participants. The long-term outlook suggests continued volatility until clearer market signals emerge, particularly around upcoming options expiries.
3 sourcesMay 2Low
- Business· MENA
Russia to Remain in OPEC+ Following UAE's Withdrawal
Russia has confirmed its commitment to the OPEC+ alliance despite the UAE's recent announcement of its exit. The UAE's withdrawal, effective May 1, 2026, has prompted Russia to emphasize the importance of OPEC+ agreements in stabilizing global oil markets. This development suggests that remaining members will need to adapt their production strategies to maintain market stability amid ongoing global supply challenges.
4 sourcesMay 2Low
- Crypto· World
Meta Platforms Launches USDC Stablecoin Payouts for Creators in Colombia and Philippines
On April 29, 2026, Meta Platforms initiated USDC payouts for eligible creators in Colombia and the Philippines via the Solana and Polygon blockchains. This move comes as a response to improved regulatory clarity on stablecoins and advancements in crypto infrastructure by Stripe, allowing for faster and lower-cost cross-border transactions. The long-term implication is a potential shift in creator economies towards cryptocurrency, enhancing global payment options for digital content creators.
7 sourcesMay 2Moderate
- Business· World
Robinhood's shares decline 12.5% following disappointing Q1 earnings driven by a 47% drop in crypto trading revenue
Robinhood's stock fell approximately 12.5% after reporting weaker-than-expected first-quarter results. The immediate cause of this decline is a significant 47% decrease in crypto trading revenue, raising investor concerns despite an overall revenue increase. In the long term, Robinhood's ability to diversify its revenue streams beyond crypto trading will be crucial for maintaining investor confidence and achieving sustained growth.
5 sourcesMay 2Low
- Crypto· World
Aave Faces Crisis After $293 Million Exploit Leads to $10 Billion in Outflows
Aave has suffered a significant exploit resulting in a $293 million loss and over $10 billion in fund outflows within the last 48 hours. This incident was triggered by attackers using stolen tokens as collateral on Aave V3, undermining user confidence and leading to a collapse in borrowing activity. In the long term, the DeFi sector will likely see a push for enhanced security measures and a reevaluation of risk management practices to restore trust among users.
4 sourcesMay 2Low
- Business· World
Kone Oyj to Acquire TK Elevator for €29.4 Billion Creating Largest Elevator Company
Kone Oyj has finalized a deal to acquire TK Elevator for €29.4 billion, marking a significant consolidation in the elevator industry. This acquisition is driven by Kone's strategy to enhance its market presence and competitiveness at a time when mergers and acquisitions are on the rise. The long-term implication is a reshaped competitive landscape in the elevator market, with potential impacts on pricing and innovation as companies consolidate resources.
4 sourcesMay 2Low
- Business· World
Ford Motor Company to receive $1.3 billion tariff refund following Supreme Court ruling
Ford Motor Company is set to receive a $1.3 billion refund from the federal government after a Supreme Court ruling that struck down certain tariffs. This ruling comes at a time when automakers are grappling with high tariff costs, providing Ford with a significant financial boost. The long-term implication may lead to improved profitability for Ford, allowing it to navigate ongoing trade pressures more effectively.
3 sourcesMay 2Low