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
8425 stories- Business· World
Microsoft increases Q4 capex by 70% while lowering 2026 forecast due to accounting change
Microsoft's capital expenditures for Q4 have surged to $41 billion, marking a 70% increase year-over-year. This rise is accompanied by a downward adjustment of its 2026 capex forecast from $190 billion to $175 billion, driven by an accounting change rather than a shift in spending strategy. In the long term, Microsoft's unique stance on maintaining its AI spending forecast may position it favorably against competitors ramping up their investments in artificial intelligence.
3 sourcesJul 30
- Business· World
Antares Nuclear Inc. secures $470 million funding for small modular reactors for U.S. military bases
Antares Nuclear Inc. has raised $470 million to develop small modular nuclear reactors aimed at powering U.S. military bases. This funding round was triggered by a presidential deadline for military energy solutions, highlighting the urgency for reliable energy sources. In the long term, this could significantly transform military energy infrastructure and accelerate the adoption of nuclear technology in defense applications.
4 sourcesJul 30
- Crypto· World
Brazilian police dismantle $1 billion drug trafficking operation linked to cryptocurrency
Brazilian authorities have seized $1 billion in assets from a drug trafficking and money laundering operation involving cryptocurrency. This crackdown is triggered by the increasing use of digital currencies to facilitate organized crime, particularly in drug trafficking. The long-term implication may lead to heightened regulatory scrutiny on cryptocurrency to combat its use in illicit activities.
3 sourcesJul 30
- Crypto· World
Bitcoin Surges Above $65,000 Amid US-Iran Military Strike Pause
Bitcoin's price climbed above $65,000 as US-Iran strikes paused. The pause has restored demand for risk assets, leading to a favorable market reaction. This shift indicates a potential long-term interest in cryptocurrencies and altcoins as geopolitical tensions evolve.
3 sourcesJul 30
- Business· World
Strategy increases cash reserves to $3.75 billion while maintaining Bitcoin holdings
Strategy has raised its cash reserves to $3.75 billion and repurchased shares while holding its Bitcoin steady. This shift is driven by the recent sale of MSTR stock, which generated $544.5 million, indicating a strategic focus on liquidity and market opportunities. In the long term, this positioning may allow Strategy to capitalize on future investment opportunities or navigate market fluctuations more effectively.
4 sourcesJul 30
- Crypto· World
Securitize Capital Registers as SEC Investment Adviser for Tokenized Assets
Securitize Capital LLC has registered with the SEC as an investment adviser, marking a significant development in the regulation of tokenized assets. This registration comes as the market experiences volatility, with SECZ shares dropping nearly 10%. The long-term implication is that Securitize is positioned to attract institutional clients and expand its influence in the evolving tokenized investment landscape.
3 sourcesJul 30
- Crypto· World
Coinbase CEO highlights AI agents as key to cryptocurrency's future in global payments
Brian Armstrong announced the pivotal role of AI agents in enhancing cryptocurrency transactions and adoption. This shift is driven by the recent success of Coinbase's Base platform, which has processed over 100 million x402 payments. The integration of AI is expected to redefine financial transactions, making them faster and more efficient in the long term.
5 sourcesJul 30
- Crypto· World
Bitmine Immersion Technologies increases Ethereum holdings by nearly 10,000 ETH
Bitmine Immersion Technologies has acquired 9,946 ETH, raising its total holdings to 5.79 million ETH. This strategic purchase coincides with a significant share buyback, reflecting the company's bullish outlook on Ethereum's future. As Bitmine approaches a 5% stake in Ethereum's total supply, it is poised to influence market dynamics and capitalize on potential gains in the cryptocurrency sector.
6 sourcesJul 30
- Crypto· World
Metaplanet to Launch Bitcoin-Backed Bonds Aiming to Transform Financial Markets
Metaplanet has announced plans to launch Bitcoin-backed bonds, known as Bitbonds, which are expected to yield between 4% and 6%. This initiative is triggered by Metaplanet's acquisition of a Japanese brokerage to facilitate the integration of Bitcoin into traditional financial markets. Long-term, this move could significantly increase demand for Bitcoin and pave the way for more crypto-backed financial products in Asia and beyond.
3 sourcesJul 30
- Crypto· World
Payward acquires Magic Labs' wallet business to enhance B2B offerings
Payward has agreed to acquire Magic Labs’ wallet business, which powers over 60 million wallets. This acquisition is driven by the need to integrate advanced non-custodial wallet technology into Payward's B2B platform at this critical moment in the evolving cryptocurrency landscape. The long-term implication is that this move could streamline infrastructure for businesses in the cryptocurrency sector, potentially reshaping enterprise solutions in the industry.
3 sourcesJul 30
- Crypto· World
BitMart to Cease Operations Amid Declining Cryptocurrency Market
BitMart, a cryptocurrency exchange, has announced plans to wind down its trading platform by January 31, 2027, following a significant drop in trading volumes. This decision is triggered by a broader downturn in the cryptocurrency market, with trading volumes at their lowest in over two years and a drastic decline in the value of its BMX token. The long-term implication suggests potential further consolidation in the cryptocurrency exchange sector as other platforms may face similar challenges in the current economic climate.
3 sourcesJul 30
- Crypto· World
Lido launches Curated Module v2 to consolidate Ethereum validators
Lido has initiated a significant upgrade to its Ethereum staking infrastructure, consolidating $16 billion in staked ETH into larger validators. This move is driven by the need to enhance validator efficiency and network dynamics, requiring professional node operators to post bonds for the first time. Long-term, this consolidation could reshape the Ethereum staking landscape, potentially attracting more users to the platform and improving overall network performance.
6 sourcesJul 30
- Crypto· World
Circle acquires 1,000 blockchain patents from IBM
Circle has acquired nearly 1,000 blockchain patents from IBM, significantly enhancing its position in the digital asset space. This acquisition is driven by Circle's strategy to bolster its infrastructure for USDC and other projects at this pivotal moment in the cryptocurrency landscape. The long-term implication is that Circle is poised to lead advancements in blockchain applications, potentially reshaping the future of digital currencies and financial systems.
6 sourcesJul 30
- Business· World
Apple surpasses Nvidia to become the world's most valuable company
Apple has overtaken Nvidia as the most valuable public company following a decline in Nvidia's stock performance. This shift is occurring amid broader downturns in the chipmaker sector, raising concerns about Nvidia's valuation sustainability. The long-term implication suggests ongoing volatility in the tech sector may lead to further shifts in market leadership among major companies.
3 sourcesJul 30
- Economy· World
Perry Warjiyo resigns as Governor of Bank Indonesia raising concerns over central bank independence
Perry Warjiyo resigned as the Governor of Bank Indonesia, effective immediately. This leadership change occurs amid ongoing economic challenges and under the Prabowo administration, raising fears of increased government influence over monetary policy. The future of Indonesia's economic policy will depend on the new leadership at the central bank and its ability to maintain independence while addressing economic pressures.
5 sourcesJul 30
- Economy· World
CME Group launches 24/7 trading for gold futures with strong initial demand
CME Group has introduced 24/7 trading for its one-ounce gold futures, achieving significant trading volumes of 15,000 contracts during its debut weekend. This shift is driven by the need for increased flexibility in gold trading amidst evolving market dynamics. The long-term implication could see broader adoption of continuous trading models across various commodities, potentially reshaping the trading landscape.
3 sourcesJul 30
- Business· World
BuzzFeed announces 35% workforce reduction amid financial restructuring
BuzzFeed has announced layoffs affecting approximately 180 employees, representing a 35% reduction in its workforce. This decision follows the acquisition by Byron Allen and is part of a strategy to address ongoing financial losses and streamline operations. The long-term viability of BuzzFeed will depend on its ability to adapt to market demands and implement effective changes under new leadership.
5 sourcesJul 30
- Business· World
Shein Reports $99 Million Net Loss Ahead of Hong Kong IPO
Shein has reported a net loss of $99 million for the first quarter as it prepares for its IPO in Hong Kong. This financial setback is attributed to ongoing trade tensions and tariffs affecting its sales and profitability. The long-term implication may be a dampened investor appetite for its IPO, complicating its market entry strategy.
5 sourcesJul 30
- Economy· World
Global semiconductor stock selloff intensifies amid AI spending concerns and Chinese competition
A global selloff in semiconductor stocks has intensified due to fears surrounding AI investments and competition from China. Investor anxiety over AI spending is reshaping tech valuations, particularly affecting major Asian indices. The ongoing uncertainty in AI and semiconductor markets may lead to further volatility in global tech investments.
4 sourcesJul 30
- Economy· World
FTSE 100 Index Reaches All-Time High Following U.S.-Iran Truce
The FTSE 100 index has achieved an all-time high as UK stocks rebound from recent geopolitical tensions. This surge is triggered by a truce between the U.S. and Iran, which has alleviated market fears and led to a decrease in oil prices. Long-term, the performance of the FTSE 100 will likely remain sensitive to ongoing developments in the Middle East and their impact on investor sentiment.
4 sourcesJul 30