Articles about Ovex

Crypto market enters 2026 with renewed confidence

Early moves in 2026 are already offering a clear signal of the direction the crypto market could take this year, say industry players.

Bitcoin’s wild swings to continue in 2026

From record highs to sharp pullbacks, local crypto-currency exchanges unpack Bitcoin’s major highlights for 2025 and provide predictions for 2026.

SA exchanges urge caution as Bitcoin price falls

The crypto-currency has fallen to a seven-month low after dropping below $90 000, wiping out much of its gains for the year.

Crypto trades in South Africa bulked up in 2024

From getting licensed locally, to Bitcoin reaching new highs, crypto players in SA reveal their 2024 milestones and expectations for 2025.

SA crypto experts weigh in on US election implications

Crypto investors initially expected a Trump victory, but Harris has gained ground, making it a tight race, with various crypto-currency scenarios in play.

Celebration, concern as Bitcoin breaches R1m mark

As the Bitcoin price surges, South African crypto-currency exchanges urge caution, as more traders are enticed by Bitcoin’s value.

2023 crypto review: Milestone year for local exchanges

While 2023 saw the collapse of FTX and other global crypto-currency challenges, local exchanges saw digital currency gains and believe 2024 will bring even better prospects.

Crypto volumes up in SA as Bitcoin hits new high

Local players witness increased activity in Bitcoin deposits and withdrawals after the world’s biggest digital currency reached its new 2023 high of R634 000.

Smaller crypto players to feel pinch of new licensing regime

The South African crypto-currency industry expects the costs of compliance to increase, and to potentially push some of the smaller players out of the market.

Due diligence urged as crypto advertising code kicks in

The Advertising Regulatory Board adds a new clause dealing with crypto-currency products to the Code of Advertising Practice.

SA's crypto exchanges dodge FTX collapse bullet

The majority of local exchanges say they had no ties with FTX, the world’s third-largest crypto trading platform, which has gone bust.

Cornered banks to rethink unbanking crypto accounts

Local crypto-currency exchanges describe the hardships they faced after being shunned South African big banks.