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How the 'Big Short DAO' Bet Against the Crypto Market and Won
In late November, a pseudonymous crypto trader behind the Twitter handle @GiganticRebirth issued a warning to his legion of over 85,000 followers. “High confidence interval that we're very late in the cycle [and that cycles still exist],” he wrote. “Secure your freedom if you've won it.” @GiganticRebirth, who also goes by GCR (an acronym for Gigantic-Cassocked-Rebirth), said he was feeling increasingly bearish about the cryptocurrency market, which had just enjoyed a 20-month-long bull run that showed no signs of stopping. As others shilled predictions of “a new crypto supercycle” or “bitcoin to ... (full story)