According to Investinglive analyst Adam Button, this is one of the most spectacular days ever for the silver market. Such a market movement is rare in commodities. We may see margin changes again this week, but we've seen this several times recently, and it hasn't stopped the market from rising. Retail investors are flocking in, and there's clearly a (but relatively small) gap in the spot market. This is definitely good news for silver miners, who will certainly have to consider selling some of their future production into the futures market, which could create some selling pressure. The silver market is much smaller than gold, and its lower liquidity is a major reason for its rapid price increase. In the long run, this will be a two-way factor, but currently it has formed an unstoppable upward trend. Setting a price at $100 would have been a major test of profit potential, but it has instead triggered a stunning rally.

According to Odaily Planet Daily, US President Trump stated that the situation in Iran is "changing rapidly" because he has sent a "massive fleet" to the region, but he believes that Iran does want to reach an agreement.

Odaily Planet Daily reports that US President Trump stated on social media: "The South Korean National Assembly has not fulfilled the agreement reached with the United States. President Lee Jae-myung and I reached a mutually beneficial agreement on July 30, 2025, and reaffirmed those terms during my visit to South Korea on October 29, 2025. Why has the South Korean National Assembly not yet ratified this agreement? Because the South Korean National Assembly has not yet ratified our historic trade agreement, which is within their power, I hereby announce an increase in equitable tariffs on South Korean automobiles, timber, pharmaceuticals, and all other goods from 15% to 25%."

Odaily Planet Daily reports that BlackRock is planning to launch a new iShares Bitcoin Premium Income ETF, providing spot exposure to Bitcoin while generating returns through options strategies. This plan has been disclosed in a recent filing with the U.S. Securities and Exchange Commission (SEC). The filing shows that the ETF will be similar to BlackRock's existing IBIT Bitcoin ETF, primarily tracking price performance by directly holding Bitcoin. The difference lies in the new fund's active management of a covered call strategy, generating returns by selling call options and receiving premiums. The underlying asset will be IBIT-related options. The fund's trading code has not yet been announced. If successfully launched, this will further enrich the market's portfolio of crypto asset investment products that sacrifice some upside potential for stable returns.

Odaily Planet Daily reports that crypto asset management company Bitwise Asset Management has announced the launch of its first onchain vault strategy through the decentralized lending protocol Morpho, officially entering the DeFi field. This vault uses the USDC stablecoin as its core asset, targeting an annualized yield of up to 6%, with funds deployed in the overcollateralized lending market on the Morpho platform. Bitwise will be responsible for strategy design and real-time risk management, while user assets will always remain in a non-custodial, on-chain state. Bitwise stated that this type of onchain vault aims to provide a more user-friendly solution for investors who want to obtain DeFi yields but do not want to manage complex on-chain risks themselves. The company also revealed that it may support more stablecoins and crypto assets in the future, and gradually expand to DeFi strategies such as RWA tokenization, DEX liquidity provision, and yield mining.