Crypto Provider Pops in Premarket

Attention Traders: It’s Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. Click the image below to see his picks this week.

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Good Morning Wake-Up Watchlisters! While you’re sippin coffee you’ll see stock futures were flat on Monday. The treasury yield climbed higher to 4.5%, which some investors are looking as a threshold for last year’s highs. This week’s next event is Wednesday’s consumer-price figures, which are projected to show further evidence of gradual inflation cooling.

Here’s a look at the top-moving stocks this morning.

MicroStrategy Incorporated (Nasdaq: MSTR)

MicroStrategy is up 11.81% premarket after recently raising $782 million in a debt sale. The move was to acquire more Bitcoin. Overall, the company now holds well over 200,000 Bitcoins and the stock has surged more than 133% this year and over 432% in the last 12 months.

Coinbase Global (Nasdaq: COIN)

Coinbase is up 5.72% in premarket after its Ethereum layer-2 blockchain surged $4 billion in total value locked for the first time. Base is a layer-2 blockchain developed by Coinbase, and it’s the only L2 to experience a gain over the past week.

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