Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-07-17
02:52

Indonesian Billionaire's Company Makes Unsolicited $5B Offer for EDC

According to Bloomberg and a First Gen Corporation disclosure to the Philippine Stock Exchange on July 15, Indonesia's PT Barito Renewables Energy Tbk made an unsolicited, indicative, and non-binding offer to acquire Energy Development Corporation (EDC) at an equity value of approximately US$5
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02:49

China's SAFE Moves to Release New Round of QDII Quota Shortly

According to a statement from China's State Administration of Foreign Exchange (SAFE) at a press conference on July 17, the regulator is accelerating preparations to release a new round of Qualified Domestic Institutional Investor (QDII) quotas in the near term. SAFE Capital Account Division
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