In crypto investing, a popular strategy is to buy the dip. And that’s exactly what Cathie Wood of Ark Invest did in early August. As soon as shares of Coinbase Global (NASDAQ: COIN) dipped nearly 15% on lower-than-expected Q2 earnings, her funds swooped in and bought $8 million worth of Coinbase stock.

Right now, Coinbase has a 4.2% weighting in Ark Invest’s flagship fund, the Ark Innovation ETF (NYSEMKT: ARKK), making it the fund’s sixth-largest holding. So Cathie Wood obviously has a lot of conviction about where Coinbase is headed next.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in…