According to BlockBeats, on July 27, Meritz Securities analyst Kim Sun-woo stated that SK Hynix is expected to report record second-quarter results, driven by one-off investment gains and rising semiconductor prices.

The analyst estimates that SK Hynix's pre-tax profit for April to June will exceed 100 trillion won, including 6.01 trillion won in operating profit and 4.16 trillion won in investment income from its stake in Kioxia through US private equity firm Bain Capital. This performance would surpass the company's record operating profit of 5.88 trillion won set in the first quarter. He added that DRAM and NAND flash memory chip prices rose by 30% and 49%, respectively, in the second quarter.

According to BlockBeats, on July 27, Iranian Foreign Ministry spokesman Bagaei stated that the situation in the Strait of Hormuz remains unchanged and the strait remains closed. (Jinshi)

According to BlockBeats, on July 27, Crypto Quant analyst Axel Adler Jr wrote that Bitcoin's current valuation metric, MVRV Z-Score, has fallen to a multi-year low but has not yet fallen into negative territory, indicating that the market is undervalued rather than in a typical cyclical bottoming-out phase of full capitulation.

Data shows that the BTC MVRV Z-Score is currently around 0.42, far below the historical average of 1.7, and has remained near zero for 30 consecutive days. Since the end of 2025, this indicator has been declining, reaching a low of approximately 0.185 on June 30th, but has not yet entered the negative territory representing a large-scale sell-off. Meanwhile, the BTC 7-day Realized Profit/Loss (P/L) indicator has turned positive, currently at approximately +239 million USD. In the previous month, this indicator was mostly negative, with losses reaching as high as 8.5 billion USD in June and approximately 3 billion USD in a single week in mid-July.

Realized profit and loss recovery indicates that market selling pressure is easing, but the MVRV Z-Score has not yet shown signs of capitulation (a sell-off that breaks below zero). Therefore, it is currently closer to a "low-valuation + stabilization" phase than a confirmation of a cyclical bottom. If the MVRV Z-Score subsequently recovers to its historical average of 1.7, while realized profit and loss remain positive, it could signal a strengthening market. Conversely, if it falls below the June low of 0.185 and enters negative territory, it could signify a new round of pressure release.

According to BlockBeats, on July 27th, Bernstein stated in its latest report that Naver's board of directors has approved a private placement of 7.2 million common shares to NVIDIA at a price of 204,500 won per share, raising approximately 1.5 trillion won (about US$1 billion). Upon completion of the transaction, NVIDIA is expected to hold approximately 5% of Naver's shares, becoming one of its significant strategic shareholders.

Bernstein believes that NVIDIA's investment will strengthen market confidence in Naver AI Factory. As global investment in AI infrastructure continues to expand, chip supply, capital support, cloud infrastructure, and downstream demand are rapidly becoming intertwined. Naver, along with NVIDIA and Brookfield, had previously planned to jointly invest in gigawatt-scale, multi-tenant AI cloud infrastructure to provide computing power support for next-generation AI companies in South Korea and the United States.

The report points out that Naver's AI Factory is closer to a "neocloud" collaboration model: infrastructure investors provide capital, chip manufacturers support computing power deployment, AI ecosystem partners contribute demand and model capabilities, and Naver acts in the middle, responsible for organizing and operating the entire technology stack. With NVIDIA becoming a shareholder, market concerns about hardware procurement, demand visibility, and long-term ecosystem support are expected to be reduced, and the feasibility of subsequent SPV financing and external capital raising will be improved.

Bernstein maintains its "Outperform" rating on Naver with a target price of 330,000 won. Based on the closing price of 209,500 won on July 24, this represents a potential upside of approximately 58%.