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On October 22, Laopu Gold (06181.HK) announced on the Hong Kong Stock Exchange that on October 21, 2025 (after the trading hours of the Hong Kong Stock Exchange), the company entered into a placing agreement with the placing agent, pursuant to which the placing agent has conditionally and separately agreed to act as the agent of the Company to use its best efforts to induce a total of not less than six placees to purchase 3,711,800 new H shares in accordance with the terms and subject to the conditions contained in the placing agreement. The placing price is HK$732.49 per H share (a discount of 4.5% to the latest closing price).On October 22, bond traders were preparing for further declines in U.S. Treasury yields, even though the 30-year bond yield fell to a six-month low on Tuesday. Data showed that the cost of option bets to protect against a sharp drop in yields was rising rapidly. With the U.S. government shutdown about to become the second longest in history, coupled with renewed concerns about the credit market and escalating trade tensions, traders are pouring into high-quality safe-haven assets. The rise in the U.S. Treasury market is pushing the entire yield curve lower. Citi strategist David Bieber wrote: "In terms of positioning, the tactical deployment is clear - go long on everything, and the market is quickly chasing the appreciation of U.S. bonds."Kyiv Mayor: Russia launched an airstrike on Kyiv and Ukrainian air defense forces are operating.Vales nickel production in the third quarter was 46,800 tons, and its nickel sales in the third quarter were 42,900 tons.Vales iron ore production in the third quarter was 94.4 million tons, while the market expected 91.23 million tons.

Binance.US Adds Terra UST Stablecoin As Base Pair for Cryptocurrencies

Cory Russell

Apr 24, 2022 09:40

Binance. Today, the United States formally designated UST as the Bitcoin base trading pair.


Since the release of the $10 billion Bitcoin reserve, everyone has been talking about the stablecoin.


LUNA is once again on the verge of setting a new all-time high.


Terra, LUNA, and UST have been attracting a lot of interest from investors, developers, analysts, and traders in the crypto sector for a time now.


The bullish storm that the DeFi chain has sparked isn't going to let up anytime soon. Especially in light of today's events.

UST Is Now A Base Pair

Because UST is a base pair, other cryptocurrencies will be able to trade against it in the same way they can with USD, if the option is available.


Binance disclosed this development earlier this month, along with the delisting of the UST/BTC trading pair and the cancellation of all existing trade orders. UST is currently only available as a Bitcoin base pair.


Binance isn't the first to do so; in fact, OKX, one of the top 20 cryptocurrency exchanges in the world, introduced UST as a base pair for Bitcoin, Ethereum, Solana, and Avalanche earlier this month.


TerraUSD has garnered traction in the market as a result of its CEO Do Kwon's announcement that he intends to create a $10 billion+ UST reserve in Bitcoin.


At its current value, $10 billion in Bitcoin corresponds to roughly 253183.79 BTC, making Terra the largest Bitcoin holder at the time, surpassing MicroStrategy's current holdings of around 129,218 BTC.

At The Moment, LUNA

Terra's native cryptocurrency, LUNA, is presently the year's best-performing asset, with gains of 142.22 percent from February to April and a new all-time high of $119.5 at the same time.


Although LUNA is now trading at $93.5, it is on its approach to gradually exceeding the $120 mark, owing to the 23.5 percent rise seen three days ago.