Top 5 Crypto News That Shook the Crypto Market This Week
This roundup highlights five developments that shaped crypto markets: Western Union will launch a Solana-based stablecoin (USDPT) in May 2026 and build a global Digital Asset Network, a major institutional endorsement likely to boost on‑chain payments and stablecoin utility. Solana processed a record $650 billion in stablecoin volume in a single month with ultra‑low fees, underscoring its settlement role. U.S. regulatory clarity advanced as the CLARITY Act moved toward Senate markup, though probability of passage has recently cooled. The Fed held rates at 3.50%–3.75% with no cut signal, a disappointment for risk assets. Enforcement actions in Kazakhstan seized crypto tied to illicit activity, while prediction markets and new entrant XO posted rapid volume growth. Bitcoin traded up ~2%, testing $80,000, and analysts point to a potential move toward $95,000 — a bullish technical/forecast catalyst amid mixed macro and regulatory signals.