Regarding buoyancy, as long as the object (ice in this case) sits on the bottom, it displaces only the volume. Once the displaced mass equals the mass of the object, the object is neutrally buoyant, and more liquid will then float the object. At that point, it is displacing the volume of liquid that has equivalent mass. Thus the ice floats with a 70/30 split; that is the ratio of the densities.
Regarding the cork experiment, the cork will float as long as it displaces it’s mass worth of water. Once the mass of cork is greater than the displaced mass of water, the cork hits bottom and only displaces it’s volume (or the submerged volume, if it’s too tall).
PatronAnejo, I don’t accept your explanation about the 10 deg C temp difference in densities being the reason. Specifically, I don’t think the density difference in ice between those temps is very significant - from your chart I estimate about 8 ten-thousandths of a gm/cm3 (Is there a code for super/subscripts?). How much does the density change in the liquid by cooling? Assuming the liquid is water (for simplicity), what are the density values?
In particular, see the difference between floating crushed ice vs. cubed ice. If you pour the water in, it will float once the right volume is added, time/temp irrelevant. I think the crushed ice takes longer for the reasons others stated. It is adhering to the sides. Think of it this way - if you freeze a clump of ice in the bottom of the cup, then pour liquid on it, the ice will stay at the bottom, even if there is enough water to float it, because it is adhering to the glass, and water cannot get below it.
Also, have you ever done the experiment with a carboard tube, sugar (or other granulated substance), tissue paper, and a stick? You put a layer of tissue paper over the end of the tube, and declare you can jam the stick as hard as you can and not break it. How? You fill the tube with the granulated substance. Then when you press with the stick, the pressure is transferred into friction between the grains, and push equally outward against the sides of the tube as downward. Thus the strength of the tube pretects the tissue paper. It is the same with the crushed ice, which is granulated, and the water pushing down on it, pushing it against the walls. Add the thermal factor of the first liquid in contact freezing and sticking it all together and against the walls, and you have the friction that must be overcome. As the temperature settles, the new ice grips melt again, and the clump of crushed ice then floats.
Finally, for the best cooling with least diluting of your beverage, use one large chunck of ice, not small cubes or crushed ice. Less surface area. More thermal mass.