Bitcoin could find support near $30,000 even if institutional money exits in large scale, a forecast showed. CryptoQuant CEO Ki Young Ju said even if about $58 billion of net inflows into spot bitcoin ETFs were withdrawn and about 1.3 million BTC held by listed companies were sold, on-chain cost basis suggests a floor near $30,000. He cited MVRV levels and long-term holders who bought in 2019.

LG CNS said on July 27 it was selected as a founding member of the AI Materials Foundry, a global materials development collaboration led by British AI startup CuspAI. The alliance includes 48 companies and research institutes including Nvidia, Meta, AMD, 3M and Merck. LG CNS will oversee the platform’s introduction and operations in South Korea, supporting data integration, result interpretation, and platform deployment and maintenance for firms developing new materials.