U.S. crypto mining stocks have gained in the first trading day after Bitcoin’s weekend halving, even though mining rewards are now 50% lower.

While cryptocurrencies can trade and settle all day and night, stock trading has traditionally followed office hours.

Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.

Manitoba is extending a moratorium on new power connections, and British Columbia is introducing legislation that could prohibit the provision of power to new miners.

After a jury found Terraform Labs and Do Kwon liable for fraud in its case with the SEC, the commission filed a motion requesting $5.3 billion in disgorgement and civil penalties.

The upgrade seeks to solve congestion issues, and will officially launch in May.

Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg.

President Biden is asking Congress to take aim at the American Bitcoin mining industry — and he's citing China as an example for the United States to follow.

Analysts expect Bitcoin price to test the $80,000 zone now that the halving is complete and BTC’s funding rate reset.

The fake letter addressed to U.S. President Joe Biden suggested a 1% wealth tax on crypto holdings exceeding $500,000.

Advocacy group Coin Center has expressed concerns about the Lummis-Gillibrand bill, claiming it would be “bad policy” and potentially unconstitutional.