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BlockBeats News, May 30: Encouraged by the optimistic expectations of a possible extension of the ceasefire agreement between the U.S. and Iran, the U.S. stock market and the oil market continued to strengthen this week. The SP 500 index rose for the ninth consecutive week, setting a new record for the longest weekly gain since 2023; Brent crude oil remained stable around $92 per barrel. However, the cryptocurrency market failed to follow the rise of macro risk assets. Over the past week, Bitcoin fell by 2.6% to $73,445, Ethereum fell by 2.5% to $2,011, Solana fell by 2.2%, and TRX plummeted by 5.6%, becoming one of the weakest-performing tokens among the top ten cryptocurrencies by market capitalization. Market analysis believes that the cooling of inflows into spot Bitcoin ETFs has put pressure on the coin's price. In contrast, some small and medium-cap tokens have performed well. Among them, the native token of Hyperliquid, HYPE, surged by 19.4% to around $65 this week, becoming the biggest highlight of the market. Previously, Intercontinental Exchange (ICE) CEO Jeffrey Sprecher referred to Hyperliquid as a "bigger opportunity than Nasdaq" at the Bernstein Conference, further boosting market sentiment. Furthermore, BNB rose by 1.9% this week, XRP rose by 0.7%, and DOGE remained relatively stable. On a macro level, U.S. President Trump stated that a final decision has been made on the U.S.-Iran ceasefire memorandum of understanding; however, he still insists on demanding that Iran abandon its nuclear program, hand over its enriched uranium stockpile, and open the Strait of Hormuz. Market participants believe that due to the significant differences between the two parties on key issues, the current rebound of risk assets remains fragile, and any negative news related to Iran negotiations could potentially trigger a market sentiment reversal.

On May 30, 'New Stock Guru' Serenity posted on social media that amidst the current wave of investment in AI photonics and data center infrastructure, its top four high-risk, high-reward stocks are AAOI, SIVE, FOCI, and Shunsin Technology. Serenity believes that AAOI is benefiting from the expansion of domestic optical module and laser production capacity in the U.S., with the company completing all manufacturing and assembly processes in the U.S. It expects revenue to reach approximately $471 million by 2027, with the market size (TAM) potentially experiencing exponential growth by 2028. Regarding SIVE, Serenity noted that the company's revenue growth prospects are also strong, with overall revenue pipeline growth of about 77% compared to historical levels, anticipated to reach around $799 million, primarily driven by its photonics business, which is expected to achieve a gross margin of 60%. Serenity also pointed out that Foci is a key supplier for NVIDIA and TSMC in the FAU (Fiber Array Unit) field and is one of the critical bottlenecks in the COUPE architecture, currently valued at approximately $2.8 billion, which is still underestimated by the market. Furthermore, it believes that Shunsin, while not widely recognized by the market, actually undertakes a significant amount of packaging and testing business related to CPO (Co-Packaged Optics) and photonics, continuously receiving orders from companies like NVIDIA, with some contracts even signed through its subsidiaries, indicating that the market has yet to fully reflect its potential value. In addition to these four companies, Serenity also listed XFAB as an alternative target, believing it could become a significant beneficiary in the future European 'Chips Act 2.0' within the silicon photonics supply chain. Additionally, it is optimistic about silicon carbide (SiC) and gallium nitride (GaN) wafer foundries benefiting from NVIDIA's push for an 800V DC data center power architecture upgrade.

BlockBeats News, May 30th - Andrew Gault, Founding Partner of deep tech investment firm 7percent Ventures and CEO of networking company ZeroTier, stated that the market is overly focused on the threat of quantum computing to Bitcoin wallet private keys, while overlooking a more imminent risk — the encrypted communication data currently being transmitted between financial institutions. Gault pointed out that attackers are employing a "collect now, decrypt later" strategy, mass storing encrypted data such as interbank communications, payment authentication records, and digital signatures, waiting for future quantum computers with sufficient capabilities to decrypt. He believes that the real danger lies not in statically stored data, but in the authentication and signature information flowing daily between exchanges, custodians, cross-chain bridges, and financial institutions. In March of this year, Google's quantum AI team released a study stating that a sufficiently powerful quantum computer in the future could derive Bitcoin private keys from public keys in about 9 minutes, raising concerns in the market about the security of approximately 6.9 million exposed public key BTC. However, Gault believes that the more pressing issue is the currently collected network communication data. Google's security team has shifted its focus to digital signatures and identity authentication systems, planning to complete post-quantum cryptography migration by 2029. Google stated that the "collect now, decrypt later" attack has now become a real threat. Furthermore, a study by Citigroup in February of this year estimated that if quantum computing were to breach the encryption of large U.S. banks accessing the Fedwire payment system, it could cause an economic impact of $20 trillion to $33 trillion, equivalent to a 10% to 17% decline in the actual U.S. GDP. Reports indicate that while Ethereum has initiated a coordinated post-quantum migration plan, the Bitcoin network, as well as major crypto exchanges and custodians, have not publicly committed to similar upgrades to their signature infrastructure. Analysts believe that as quantum computing technology continues to advance, the crypto industry may face greater pressure for a post-quantum security transformation in the future.