business
CONL Lost 67% Year to Date While Coinbase Fell 33%, Exposing the Volatility Tax in Daily-Reset Leverage
Key takeaways
- The Space X IPO on June 12 could pull roughly $22.5 billion in retail capital away from crypto, extending CONL s losing streak further.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Coinbase didn t make the cut.
- COIN closed Thursday at $164.13 and finished Friday at $152.40, a one-day decline of 7%.
CONL Lost 67% Year to Date While Coinbase Fell 33%, Exposing the Volatility Tax in Daily-Reset Leverage Fellow Neko / Shutterstock.com Michael Williams Sun, June 7, 2026 at 1:15 AM GMT+7 7 min read SPAX.PVT COIN CONL BTC-USD NVDA Quick Read CONL s daily-reset 2x leverage turned COIN s 7% single-day drop into a 14% loss, and volatility decay has compounded that into an 80% trailing-year decline.
The Space X IPO on June 12 could pull roughly $22.5 billion in retail capital away from crypto, extending CONL s losing streak further.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Coinbase didn t make the cut. Grab the names FREE today.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop