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
4344 stories- Economy· World
Brent crude oil prices exceed $100 amid Strait of Hormuz tensions
Brent crude oil prices have surged above $100 a barrel following reported attacks on multiple vessels in the Strait of Hormuz. The escalation in military tensions coincides with stalled U.S.-Iran negotiations, heightening market volatility. Continued geopolitical instability in the region is likely to lead to further fluctuations in global oil prices and energy markets.
5 sourcesApr 23Moderate
- Business· World
Rivian Begins Production of Affordable R2 SUV Amid Tornado Damage
Rivian has initiated production of its new R2 model, a smaller and more affordable SUV, despite tornado damage to its manufacturing facility. The immediate trigger for this production start is the company's urgent need to enhance profitability and market presence with the R2, priced at $45,000. Long-term, the successful launch and delivery of the R2 could significantly bolster Rivian's financial stability and competitive position in the electric vehicle market.
3 sourcesApr 23Low
- Crypto· World
Ethereum whale increases long position amid rising ETH prices
An Ethereum whale has opened a $90.9 million long position while another whale has increased its holdings to 30,000 ETH. This surge in investment is occurring as ETH prices rise, with technical indicators suggesting a potential rally towards $3,000. The growing confidence from these major investors may lead to increased market volatility and further price increases for Ethereum in the near future.
3 sourcesApr 23Low
- Crypto· UAE
KAIO secures $8 million funding from Tether to enhance blockchain infrastructure
KAIO has successfully raised $8 million in funding from Tether to develop its on-chain asset distribution capabilities. This investment is occurring now as KAIO aims to lower entry barriers for institutional investors in the UAE. The long-term implication is that KAIO could transform the asset management landscape by democratizing access to investment opportunities through blockchain technology.
3 sourcesApr 23Low
- Crypto· World
BIS Raises Alarm Over Financial Stability Risks of $320 Billion Stablecoin Market
The Bank for International Settlements has issued a warning regarding the financial stability risks posed by the growing stablecoin market, particularly U.S. dollar stablecoins. This concern arises from the rapid growth of stablecoins and the fragmented regulatory landscape that could lead to financial instability. In the long term, increased regulatory scrutiny is expected to reshape how stablecoins are managed and integrated into the global financial system.
5 sourcesApr 23Low
- Crypto· World
Crypto investment products see $1.4 billion inflow marking strongest weekly figure since January
Crypto funds recorded $1.4 billion in inflows, driven primarily by Bitcoin and Ethereum. This surge is occurring now due to a shift in market sentiment from 'extreme fear' to 'fear', as indicated by the Crypto Fear & Greed Index. The long-term implication suggests a potential stabilization of the crypto market and increased investor appetite for risk, paving the way for broader adoption of digital assets.
5 sourcesApr 23Low
- Crypto· World
Bitmine acquires over 100,000 Ether to strengthen Ethereum holdings
Bitmine has purchased 101,627 Ether, increasing its total holdings to nearly 5 million ETH. This strategic acquisition is driven by Bitmine's goal to secure 5% of the total Ethereum supply amid rising geopolitical tensions. The move is likely to attract further institutional interest in Ethereum, potentially reshaping market dynamics in the coming months.
5 sourcesApr 23Moderate
- Crypto· World
Coinbase launches crypto-backed lending service for UK users
Coinbase has introduced a new lending service allowing UK users to borrow up to $5 million in USDC against Bitcoin and Ethereum. This launch is driven by strong demand for crypto lending services, following the success of similar offerings in the US. The long-term implication is an anticipated increase in competition among exchanges and financial service providers in the cryptocurrency lending space.
3 sourcesApr 23Low
- Crypto· World
European Investors Show Increased Willingness to Switch Banks for Cryptocurrency Access
A recent survey indicates that 35% of European investors are willing to switch banks for better access to cryptocurrency services. This shift is driven by a growing demand for digital asset offerings despite existing regulatory uncertainties. In the long term, banks may need to innovate their services to retain customers and remain competitive in the evolving financial landscape.
4 sourcesApr 23
- Business· World
Reabold Resources explores Bitcoin mining at Yorkshire gas site
Reabold Resources has announced plans to explore small-scale Bitcoin mining at its Yorkshire gas site while maintaining its focus on domestic energy supply. The initiative is driven by the company's aim to utilize gas from the site as a power source for the mining operation, serving as an early-stage funding tool. This move could pave the way for future integration of cryptocurrency operations within traditional energy sectors, raising discussions about environmental impacts and regulatory responses.
3 sourcesApr 23Low
- Crypto· World
Ripple unveils four-phase plan to secure XRP Ledger against quantum computing threats by 2028
Ripple has announced a comprehensive roadmap to enhance the security of the XRP Ledger against potential quantum computing threats by 2028. This initiative is driven by increasing concerns regarding the vulnerability of current blockchain cryptography to advancements in quantum technology. The long-term implication is that Ripple's proactive measures may set a new standard for blockchain security, prompting other platforms to adopt similar strategies to safeguard against emerging technological threats.
5 sourcesApr 23Low
- Crypto· World
DoorDash to Implement Stablecoin Payments for Delivery Drivers
DoorDash has announced plans to pay its delivery workers in stablecoins using the Tempo blockchain. This initiative is triggered by the need to streamline payment processes and enhance the financial experience for couriers globally. In the long term, this move could set a precedent for broader cryptocurrency adoption in the gig economy and influence other companies to explore similar payment solutions.
5 sourcesApr 23High
- Crypto· World
Polymarket and Kalshi to Launch Crypto Perpetual Futures in U.S.
Polymarket and Kalshi have announced plans to introduce crypto perpetual futures, marking a significant expansion into the derivatives market. This development is occurring as the regulatory landscape for derivatives in the U.S. evolves, allowing these platforms to offer new trading options. The long-term implication is that this move could reshape the trading landscape for derivatives, attracting more traders and investors to the cryptocurrency space.
3 sourcesApr 23High
- Crypto· World
Bitcoin price drops below $75,500 amid U.S.-Iran geopolitical tensions
Bitcoin's price has fallen to approximately $74,335 due to escalating geopolitical tensions between the U.S. and Iran. This decline is triggered by stalled diplomatic talks and Iran's reimposition of controls on the Strait of Hormuz, which has raised concerns over oil supply and market stability. The long-term implication suggests that ongoing geopolitical developments will continue to exert pressure on cryptocurrency valuations, leading to potential volatility in the market.
4 sourcesApr 23Moderate
- Crypto· World
Bitcoin Surges Past $77,000 Amid US-Iran Tensions
Bitcoin's price has surged past $77,000 due to escalating geopolitical tensions between the US and Iran. This surge is triggered by significant market volatility, leading to the liquidation of $40 million in short positions. The long-term implication suggests that Bitcoin may increasingly be viewed as a geopolitical hedge, attracting more institutional interest in uncertain times.
3 sourcesApr 23Moderate
- Crypto· World
Bitcoin ETFs see record inflows amid geopolitical stability
Bitcoin ETFs have recorded inflows of $1 billion over the past week, marking a significant recovery in the cryptocurrency market. This surge is driven by renewed investor confidence influenced by recent geopolitical stability. If this trend continues, the cryptocurrency market may experience sustained growth, particularly in Bitcoin and related financial products.
3 sourcesApr 23Moderate - Crypto· World
Arbitrum Locks $71 Million in Ether Following Kelp DAO Exploit
Arbitrum has frozen 30,766 ETH as an emergency measure in response to the Kelp DAO exploit. This action is prompted by rising concerns over security vulnerabilities within decentralized finance ecosystems. The incident is likely to lead to increased scrutiny and enhancements in security protocols across DeFi platforms.
3 sourcesApr 23Very High
- Crypto· World
Blockchain.com launches perpetual futures trading in DeFi wallet
Blockchain.com has introduced perpetual futures trading in its DeFi wallet, enabling self-custodied Bitcoin trading across over 190 markets. This development is driven by the anticipation of regulatory changes, particularly the expected CFTC approval for derivatives trading. In the long term, this move may enhance user engagement and broaden the platform's competitive edge in the cryptocurrency market.
3 sourcesApr 23Low
- Crypto· MENA
Bank of Korea Governor Prioritizes CBDCs Over Stablecoins in Inaugural Address
The newly appointed Governor of the Bank of Korea, Hyun-Song Shin, has emphasized the importance of central bank digital currencies (CBDCs) and bank-issued deposit tokens while omitting stablecoins in his first policy address. This shift is occurring as the Bank seeks to modernize its currency markets and increase scrutiny of the crypto landscape amidst growing regulatory pressures. The long-term implication may lead to a significant transformation in South Korea's digital currency framework and the future of stablecoins in the region.
4 sourcesApr 23Low
- Crypto· MENA
Bybit invests $8 million in Malaysian crypto platform Hata
Bybit has led an $8 million funding round for Hata, a dual-licensed crypto platform in Malaysia. This investment is occurring as Malaysia actively develops its digital asset regulations and tokenization initiatives. The long-term implication is that this funding could catalyze further developments in Malaysia's digital asset market, attracting more investments and innovations in the future.
4 sourcesApr 23Low