The advent of the global pandemic we are currently facing has brought unforeseen chaos to global markets, ripping through business plans, economic forecasts, and future job prospects like wildfire. Governments have announced vast economic stimulus packages to keep their economies afloat and, with negative interest rates no longer a theory but a reality, investors may be left wondering where to find a safe haven for their assets as the crisis rumbles on without any clear signs of when it may abate.

CoinMENA Articles — COVID-19 Effects on the Financial Markets
CoinMENA Articles — COVID-19 Effects on the Financial Markets

What happened to traditional markets?

At the height of the collective panic, traditional markets experienced a bloodbath. The S&P 500 Index benchmarks lost more…


Most people who have heard about Bitcoin or other cryptocurrencies will probably know that their prices have a reputation for volatility. Huge potential gains, as well as losses, are possible for those willing to invest in this new form of digital asset. But what are the factors that drive cryptocurrency market cycles? In this blog, we take a look at the patterns, trends, and psychology of how the cryptocurrency markets have moved since the invention of Bitcoin just over a decade ago.

CoinMENA Articles — Crypto Market Cycles: Explained
CoinMENA Articles — Crypto Market Cycles: Explained

How do crypto market cycles differ from traditional markets?

Traders who analyze traditional market cycles will look at various metrics including quarterly reports and forecasts, news of…


Bitcoin halving (or “halvening”) is the event where the rewards for mining new Bitcoin blocks and verifying transactions are halved, thus increasing the competition amongst miners supporting Bitcoin’s network. Bitcoin halvings typically occur every four years or every 210,000 blocks mined. Since the supply of Bitcoin is fixed at 21 million, once all the Bitcoin in existence has been created, halvings would cease to exist. This is predicted to occur around the year 2140, which would conclude 32 halving events.

CoinMENA Articles — What is Bitcoin Halving?
CoinMENA Articles — What is Bitcoin Halving?

The next Bitcoin halving is set to occur in May 2020, reducing the reward for mining a block from 12.5…


In 2009, Bitcoin, the first cryptocurrency, was created by Satoshi Nakamoto. While to this day, no one knows the true identity of this person or group, Bitcoin would go on to lay the foundation for the decentralized financial world.

CoinMENA Articles — Introduction to Crypto-Economics
CoinMENA Articles — Introduction to Crypto-Economics

The genius of cryptocurrency is in its automated consensus algorithm that provided trustless-trust between two transacting parties without a third party or custodian (such as a bank) needed to facilitate a transaction. Yet revolutionary technology was only half of what the creator of Bitcoin had to consider — the other being the people that would use it. A strategic monetary model…


One of the earliest altcoins on the marketplace, XRP, was launched in 2013 with quite different functions to cryptocurrencies like Bitcoin. The company is now known as Ripple Labs was formed in 2012, and its network publicly launched in January 2013 when the first transactions officially began taking place.

Confusion often exists about Ripple because, a bit like Bitcoin which has both a network and a coin with the same name, there is both a Ripple payments network and a native token or cryptocurrency (XRP), which people also refer to as Ripple. …


One of the first things people want to understand when they start learning about bitcoin is how the currency is created and how a digital currency derives its value. To understand this, we need to know that the bitcoin protocol is based on a system known as proof-of-work (POW).

CoinMENA Articles — Bitcoin Mining Pools: Explained
CoinMENA Articles — Bitcoin Mining Pools: Explained

What is bitcoin mining?

POW is what is known as a consensus algorithm. Put more simply, it is a way of ensuring that the computers in the network (known as nodes) agree on a common version of what has happened. POW has two functions: to add new blocks (groups of transactions) to the blockchain and…


Most people nowadays have at least heard about Bitcoin (BTC), even if they are not really too sure what it is or how it works. But with the entry of thousands of different types of cryptocurrencies onto the marketplace, many may not be aware of the appearance of a rival cryptocurrency called Bitcoin Cash (BCH).

CoinMENA Articles — The difference between Bitcoin (BTC) and Bitcoin Cash (BCH)
CoinMENA Articles — The difference between Bitcoin (BTC) and Bitcoin Cash (BCH)

Bitcoin’s rival?

Various factions of the Bitcoin community have joined forces in the last few years to launch alternatives to Bitcoin including Bitcoin Cash and Bitcoin SV. …


What happened to the 5 major cryptocurrencies over the past year? Here we look at major developments for Bitcoin, Ether, Litecoin, Ripple and Bitcoin Cash in 2019 and hint at what 2020 may hold.

CoinMENA Articles — How Did the Top 5 Cryptocurrencies Perform in 2019?
CoinMENA Articles — How Did the Top 5 Cryptocurrencies Perform in 2019?

Bitcoin (BTC)

In many ways, 2019 was seen as a flat year for start-up CEOs and the wider blockchain community as the technology seemed to enter Gartner’s ‘trough of disillusionment’. Yet, as far as the cryptocurrency markets were concerned, Bitcoin actually started off well. There were major gains during the first six months with BTC rising strongly from its January price of $4,000 up to $14,000 in late…


Background and Recent Developments

At Coinmena, we currently support 5 of the major cryptocurrencies including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP) and Bitcoin Cash (BCH). This blog post explains the history and intended functions of each of these cryptocurrencies and looks at major developments over the past year.

The five major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH)
The five major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH)

Bitcoin (BTC)

It would only be right to begin our look at the different cryptocurrencies with bitcoin as the grandfather of cryptocurrencies. Although, it should be noted that as the bitcoin white paper was only published in 2008, this grandpa is still relatively young and sprightly! Bitcoin remains the major cryptocurrency by market capitalization and is…


Bitcoin was originally envisaged as “electronic cash” or e-money — the idea being that this digital money could be used for everyday online transactions instead of traditional cash or credit cards. 11 years on since the publication of the Bitcoin white paper, that vision has not yet come to pass. Consumer transactions haven’t been the main driver of Bitcoin’s growth to date. Instead, Bitcoin has become more popular as an investment vehicle akin to a form of ‘digital gold’.

CoinMENA — Bitcoin: The New Digital Gold
CoinMENA — Bitcoin: The New Digital Gold

How does Bitcoin resemble digital gold?

In his book, entitled Digital Gold: The Untold Story of Bitcoin, the journalist Nathanial Popper describes how “From the beginning, Satoshi…

Coinmena | كوين مينا

كوين مينا هي المنصة الأسهل والأكثر أماناً لشراء وبيع العملات الرقمية — CoinMENA is the easiest & safest way to buy and sell digital assets in the MENA region

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