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Crypto Boom: Bitcoin Reaches $100,000 After Trump Announces Pro-Crypto Policies

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Bitcoin hit $100,000 for the first time on Wednesday, surging to a new record after US President-elect Donald Trump unveiled administration picks believed to usher in crypto-friendly policies when he takes office in January.

Among the picks by Trump is Paul Atkins, whom Trump intends to nominate to lead the Securities and Exchange Commission (SEC), which regulates cryptocurrency.

Atkins, a crypto advocate and former SEC commissioner, is expected to regulate cryptocurrency with a lighter touch than Gary Gensler, who leads the commission under the Biden administration. Gensler, who aggressively fought the industry’s expansion in the US, is set to resign on Inauguration Day.

Bitcoin hit $100,000 just hours after Atkins was announced as Trump’s choice for SEC chair.

The new milestone builds on the shocking crypto rise since Trump was projected to win the presidency on November 6, which fueled a $6,000 one-day spike in bitcoin that brought it to a new record above $74,000. A week later, it hit $90,000.

Bitcoin is up 130% for the year so far, with the post-election rally accounting for a significant portion of its gains. Its performance far outpaces the S&P 500, which is up 28% over the same period.

Trump, once a crypto skeptic, had called it “not money,” labeling it “highly volatile and based on thin air.”

But he took a rapid switch in the months leading up to his reelection as he sought to attract younger male voters, who tend to own more crypto compared to other demographic groups.

In July, Trump headlined the largest crypto convention in Nashville, where he vowed to create a “strategic national bitcoin stockpile” and to hold on to bitcoin the government seizes from criminals rather than auctioning it off, which is the current practice.

“If crypto is going to define the future, I want it to be mined, minted and made in the USA,” Trump said.

Then in September, Trump launched his own cryptocurrency business called World Liberty Financial.

That month, he also purchased burgers from a Manhattan bar frequented by crypto enthusiasts using bitcoin. “History in the making,” he declared.

Additionally, Trump’s media company, which owns Truth Social, is reportedly in talks to buy crypto trading forum Bakkt, according to the Financial Times.

“If you like bitcoin at $100,000, you’re going to love it at $1 million,” Anthony Pompliano, a well-known crypto supporter and founder and CEO of Professional Capital Management, an investment firm, said in a post on X Wednesday night.

The cryptocurrency industry threw its weight behind Trump and the Republican Party during this election cycle, with leading super PACs donating around $131 million to elect pro-crypto candidates in congressional races.

The Trump campaign, which began accepting crypto donations in May, raised millions from the move.

In addition to Atkins, Trump nominated Cantor Fitzgerald CEO Howard Lutnick, a prominent cheerleader for Tether, the company behind one of the world’s biggest crypto assets.

Additionally, Trump is considering creating the first-ever White House role solely dedicated to crypto policy, Bloomberg reported


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Nigeria, Others Stuck on WiFi 4 As World Adopts WiFi 6, WiFi 7

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Nigeria among other African countries are falling “dangerously” behind the rest of the world in the adoption of WiFi technologies, with nearly half of the continent’s internet users still relying on the ageing WiFi 4 standard, while developed markets increasingly transition to WiFi 6 and WiFi 7.

This is according to Ookla’s Global State of WiFi 2026 report, which analysed speed test data from Android devices worldwide and found a widening gap between Africa and leading global markets.

The firm used these devices to track the prevalence of different WiFi generations (WiFi 4 through WiFi 7), the spectrum bands being used (2.4GHz, 5GHz and 6GHz), and the installed base of customer premises equipment connected to those devices.

While WiFi 6 has become firmly established across much of the world, Africa remains heavily dependent on legacy wireless technologies that were introduced more than a decade ago, the report finds.

While countries such as South Korea, Japan, Singapore and the US are rapidly migrating toward WiFi 6 and WiFi 7, Africa remains largely anchored on WiFi 4.

South Africa remains one of the continent’s most advanced broadband markets, yet the country is struggling to gain traction with the latest WiFi technologies, states Ookla.

The report notes: “WiFi 4 – a standard finalised back in 2009 – still accounted for 48.8% of Africa’s WiFi samples in the first quarter, with WiFi 5 a fast riser at 34.4%, up from 19.9% four years earlier. WiFi 6 climbed from 1.6% to 16.8% over the same period, while WiFi 7 barely registered at 0.1%.”

Ookla’s findings show a divide between advanced broadband markets and developing regions when it comes to next-generation WiFi adoption.

By comparison, WiFi 6 has already captured 27% of the global market, up from just 6% in 2022.

“WiFi 7 has also begun establishing a foothold globally, accounting for nearly 2% of worldwide connections. Meanwhile, older WiFi 4 and WiFi 5 technologies continue to decline globally, falling to 34% and 39%, respectively,” says Ookla.

The strongest uptake of WiFi 6 and WiFi 7 is concentrated in technologically-mature markets such as the US, Canada, South Korea, Japan, Singapore and several Western European countries, where fibre broadband penetration is high and consumers upgrade smartphones, routers and home networking equipment more frequently, according to the report.

“These markets have also moved more aggressively to open up the 6GHz spectrum needed to support WiFi 6E and WiFi 7 services, helping accelerate adoption of newer wireless technologies.”

WiFi 7, the next evolution of the WiFi network protocol, promises to be a substantial upgrade over its predecessor – surpassing the speeds of Ethernet cables, and significantly improving connection reliability and latency over WiFi 6.

While SA’s market is still in the early stages of migration to next-generation wireless technologies, research firm 6Wresearch forecasts strong growth in SA’s WiFi 6 and WiFi 6E ecosystem over the next few years, driven by increasing demand for high-speed connectivity, fibre expansion and growing use of connected devices.

Legacy spectrum dependency

The report also highlights Africa’s continued dependence on older wireless spectrum bands.

The congested 2.4GHz band remains the dominant carrier of internet traffic across Africa, accounting for 52.4% of all WiFi samples during the first quarter of 2026.

Although this represents a significant improvement from the 76.4% share recorded in 2022, the continent still lags behind regions where users have largely migrated to higher-capacity spectrum, the report states.

The 5GHz band has expanded rapidly across Africa, growing from 23.6% of samples in 2022 to 47.6% in 2026. However, the newer 6GHz spectrum, which is critical to unlocking the full capabilities of WiFi 6E and WiFi 7, remains virtually non-existent across the continent.

“The congested 2.4GHz band remained the continent’s majority carrier at 52.4%, down from 76.4% in 2022, with the 5GHz band the chief beneficiary, rising from 23.6% to 47.6%.”

One of the starkest findings in the report is Africa’s complete absence from the global shift towards 6GHz WiFi.

Across the continent as a whole, the 6GHz band accounted for a flat 0.0% share of WiFi samples during the first quarter of 2026. South Africa was the only market to record any meaningful activity on the band, but even then usage reached just 0.2%.

The report states: “Just 0.2% of WiFi connections in South Africa ran over the 6GHz band in the first quarter of 2026. In a market where households keep routers and handsets for years, and where service providers have been slow to bundle 6GHz-capable customer premises equipment, an allocation on paper turns into real-world use only gradually.”

According to forecasts from Grand View Research, SA’s demand for WiFi 6 and WiFi 6E technologies is expected to accelerate sharply over the remainder of the decade, driven by enterprise digital transformation, smart-home deployments and increasing bandwidth requirements.

Device readiness

The Ookla report suggests that consumer devices are no longer the primary barrier to WiFi upgrades globally and in SA.

According to Ookla, 61.4% of Android devices sampled worldwide already support WiFi 6 or newer technologies. This indicates that many markets now possess the device ecosystem needed to support more advanced wireless networks.

“However, Africa faces a different reality. The continent’s slower replacement cycle for smartphones and routers, combined with high equipment costs, and slower deployment of advanced customer premises equipment, continues to delay migration to newer standards,” notes the report.

Other obstacles include regulatory and spectrum availability constraints, as a result of the full 6GHz spectrum still being debated by the Independent Communications Authority of South Africa and local telecoms operators.

Widening connectivity gap

The Ookla findings suggest Africa risks falling further behind as the rest of the world accelerates toward WiFi 6, WiFi 6E and WiFi 7.

While the continent has made notable progress by shifting traffic from the overcrowded 2.4GHz spectrum to the more capable 5GHz band, the overwhelming dominance of WiFi 4 and the near absence of 6GHz adoption highlight the scale of the challenge ahead.

While SA can function without widespread WiFi 6 and WiFi 7 adoption, there are significant economic, technological and competitiveness consequences if the country falls too far behind.

“These include reduced return on fibre investments, challenges supporting artificial intelligence and data-intensive applications, lower business competitiveness, persistent network congestion, slower smart city and internet of things development.”


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Yuno Partners with Onafriq to Unlock Pan-African Payments for Global Merchants

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Yuno, the global financial infrastructure platform, today announced a strategic partnership with Onafriq, the leading Pan-African payments network, to bring Africa’s most expansive payments infrastructure to merchants worldwide. Through this integration, Yuno’s clients gain instant access to Onafriq’s network spanning 43 African markets, nearly 1 billion mobile wallets, 500 million bank accounts, and 2,000 cross-border payment corridors, all through Yuno’s single, developer-friendly API.

Yuno Partners with Onafriq to Unlock Pan-African Payments for Global Merchants

As businesses increasingly look to Africa as a high-growth frontier, the partnership addresses one of the most persistent friction points in cross-border commerce: the complexity of connecting to fragmented, local payment rails across dozens of markets. By combining Yuno’s payment infrastructure capabilities with Onafriq’s deep-rooted African network, the two companies aim to dramatically reduce the time and technical overhead required for merchants to go live and scale across the continent.

Onafriq’s infrastructure supports the full payment lifecycle, from real-time disbursements and omnichannel collections to card issuance, treasury management, and stablecoin settlement, all underpinned by local regulatory licences and ISO 27001 and CMML3-certified security. For Yuno’s merchant base, this means the ability to pay out to mobile wallets, bank accounts, or cash pickup points, and accept payments across channels, without managing multiple integrations or compliance frameworks independently.

“Africa represents one of the most exciting growth opportunities in global commerce, and yet too many merchants are still locked out by payment infrastructure that wasn’t built for scale. Our partnership with Onafriq changes that,” said Juan Pablo Ortega, Co-Founder and CEO, Yuno. “By bringing their unmatched African network into our infrastructure layer, we’re giving our clients a single path to a continent-wide ecosystem with the reliability, compliance, and local depth they need to grow with confidence.”

The partnership is part of Yuno’s broader strategy to build a truly global platform that connects merchants to every meaningful payment method and network, regardless of geography. Following successful expansion in the Middle East, Europe, and Asia, Africa is a key pillar of Yuno’s next phase of growth.

For Onafriq, the integration with Yuno extends its reach to an entirely new segment of global merchants who now benefit from a streamlined entry point into African markets. The partnership reinforces Onafriq’s mission of making borders matter less, bringing together mobile money operators, banks, fintechs, and enterprises into one connected payment ecosystem.

“Africa’s payment landscape has never lacked ambition or momentum, what it needed is the right infrastructure that matches its pace. Our partnership with Yuno changes the equation for global merchants who want to be part of this growth story” said Dare Okoudjou, CEO, Onafriq. “Through a single connection, global merchants can reach consumers and businesses across Africa more seamlessly than ever before, while more people across the continent gain access to the digital economy on their own terms. For us, this is what making borders matter less looks like in practice.”

The integration is now live and available across Egypt, Ghana, Kenya, Nigeria, Cameroon, Cote D’Ivoire, and Uganda. Yuno’s clients can access Onafriq’s capabilities, including mobile money disbursements and collections, card issuance, and FX treasury services, directly from the Yuno dashboard with no additional contract or integration required.


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Coloplus Makes Major Leadership Move, Appoints Global Telecom Veteran as Deputy CEO

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Coloplus Worldwide Service Limited, a subsidiary of Fusewall Holdings, is pleased to announce the appointment of Mr. John Dodge as its Deputy Chief Executive Officer and Executive Director.

Coloplus Makes Major Leadership Move, Appoints Global Telecom Veteran as Deputy CEO

Mr. Dodge brings to the organization an exceptional wealth of international experience spanning more than 35 years in the telecommunications industry, covering both passive and active infrastructure deployments and operations.

Having worked across six continents and in numerous countries, he possesses extensive cultural and professional expertise in leading diverse teams and managing complex projects in challenging environments.

His proven ability to motivate multidisciplinary teams and maintain a strong focus on client requirements has earned him a distinguished reputation within the global telecommunications sector.

A highly accomplished team player, Mr. Dodge is recognized for his focused, flexible, dedicated, and proactive approach to problem-solving and operational excellence.

He remains calm under pressure and has consistently demonstrated the ability to navigate and resolve challenging situations while driving teams toward common objectives.

Throughout his career, Mr. Dodge has built a reputation for meticulous attention to detail, strong leadership, and an unwavering commitment to quality and best-practice standards.

His disciplined work ethic, collaborative management style, and commitment to health and safety compliance have enabled him to deliver outstanding results across a wide range of telecommunications projects worldwide.

In his new role, Mr. Dodge will work closely with the leadership of Coloplus Worldwide Service Limited to strengthen the company’s strategic direction, accelerate operational excellence, expand market opportunities, and reinforce its position as a leading provider of telecommunications infrastructure and digital solutions.

The Board and Management of Coloplus Worldwide Service Limited warmly welcome Mr. John Dodge and look forward to the immense value his global expertise, leadership, and industry knowledge will bring to the organization and its stakeholders.


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