Bitcoin news

Bitcoin is a computerized and digitally distributed currency. The first version of Bitcoin was developed in 2008 by a group of people calling itself Satoshi Nakamoto. The uniqueness of Bitcoin is that it is a completely self-contained coin that does not depend on any economic body whatsoever.

Warren Buffett
Buffett compares Bitcoin craze to textbook 17th century tulip bubble

"It does create a rising price, creates more buyers ... If you don't understand it, you get much more excited," Buffett said on CNBC television. "People like to speculate, they like to gamble."

By REUTERS
07/05/2018
Entrepreneur Guy Galboiz gives insight on cryptocurrencies

Cryptocurrency is a force to be reckoned with and will become an integral part of our lives in the years to come.

By JONATHAN MIMOUNI
03/04/2018
Israel develops new 'bitcoin' currency (Illustrative)
How last week's high court ruling could spark Israeli bitcoin mania

At least several thousand Israelis have invested in digital currencies, raising questions as to taxation.

Bitcoin (Illustrative)
The golden rule of cryptocurrency

Bitcoin has been in the news of late, but many are in the dark about this new currency."In Jerusalem" offers a ‘Bitcoin 101’ on digital assets designed to work as a medium of exchange.

Bitcoin
Report: American keeping cryptocurrency trading gains secret from IRS

The IRS considers cryptocurrencies such as bitcoin as property for federal tax purposes, meaning any profits or losses from the sale or exchange of the virtual coins should be reported.

By REUTERS
13/02/2018
 A coin representing the bitcoin cryptocurrency is seen on computer circuit boards in this illustrat
Israel authorities plan to tax ICOs and digital currencies

The Israeli government has published and circulated a draft proposal with Israel’s Tax Authority looking to introduce VAT on ICOs.

Bitcoin (virtual currency) coins placed on Dollar banknotes
Bitcoin slides 14 percent on crackdown fears, hits 4-week low

The latest tumble leaves bitcoin more than 40 percent down from the record highs of around $20,000 reached in mid-December.

By REUTERS
16/01/2018
 A coin representing the bitcoin cryptocurrency is seen on computer circuit boards in this illustrat
How Telegram and KODAK ICOs can change the face of fundraising

The shift in sentiment towards ICOs could incentivize more Israeli start-ups to enter the ICO market.

Warren Buffett, chairman and CEO of Berkshire Hathaway
Investment guru Buffett says he will never invest in cryptocurrencies

Buffett's comments come a day after JPMorgan & Chase Chief Executive Jamie Dimon said he regrets calling bitcoin a fraud.

By REUTERS
11/01/2018
Israel develops new 'bitcoin' currency (Illustrative)
Israel's central bank: Bitcoin is an asset, not a currency

There have been public complaints that Israeli banks were making it difficult for some customers to transfer money from their accounts to buy bitcoin.

By REUTERS
08/01/2018
 A coin representing the bitcoin cryptocurrency is seen on computer circuit boards in this illustrat
Bitcoin: boon or bubble?

These days, newspapers and websites are full of stories about cryptocurrencies, virtual currencies, and bitcoins. Confused? Here is a ‘guide for the perplexed.'

By SHLOMO MAITAL
20/01/2018
A Bitcoin (virtual currency) coin is seen in an illustration picture
Israeli market regulator to ban bitcoin firms from stock exchange

Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to nearly $20,000.

By REUTERS
25/12/2017
Israel develops new 'bitcoin' currency (Illustrative)
Israel banking on 'digital shekel' cryptocurrency?

The Bank of Israel has been examining the possibility of a state-sponsored currency for several months.

Bitcoin (virtual currency) coins placed on Dollar banknotes
Bitcoin fraud could be the next big thing for swindlers in Israel

Interest in cryptocurrencies has surged not just in Israel but around the world.

By ANDREW TOBIN/JTA
22/12/2017
Tel Aviv Stock Exchange
Tel Aviv stock exchange bans bitcoin-related companies

Bitcoin – a digital payment method – has taken off in the past few months.

A Bitcoin (virtual currency) coin is seen in an illustration picture
Hotly anticipated bitcoin futures surge 21 percent on debut

The one-month bitcoin contract opened trade at 6 pm (2300 GMT) at $15,460, dipped briefly and then rose to a high of $18,700.

By SAQIB IQBAL AHMED , SWATI PANDEY/REUTERS
11/12/2017
Bitcoin
Bitcoin loses over a fifth of its value in less than 24 hours

The latest fall has tempered an astronomical rise for the cryptocurrency in recent months - bitcoin was up almost 1,100 percent year-to-date on Wednesday.

By ABHINAV RAMNARAYAN/REUTERS
30/11/2017
Bitcoin
Bitcoin tops $10,000, taking 2017 gains to 940 pct

At 0245 GMT, it hit a high of $10,069.12 on BitStamp and was up 2 percent on the day.

By GERTRUDE CHAVEZ-DREYFUSS/REUTERS
29/11/2017
Bitcoin.
Tech Talk: Bitcoin takes on Tel Aviv

A five-day program sponsored by various government agencies will immerse attendees in the world of the leading cryptocurrency.

Bitcoin (virtual currency) coins placed on Dollar banknotes
Bitcoin or not, blockchain is here to stay

Israeli companies on board with cryptocurrency technology that has helped revamp archaic banking systems.

A copy of bitcoin standing on PC motherboard is seen in this illustration picture
Your taxes: Are bitcoins and other virtual currencies tax-exempt?

Israel Tax Authority issued a draft tax circular on January 11 that details its position on the taxation of activity in virtual currencies such as bitcoins.

By LEON HARRIS
24/10/2017
A Bitcoin (virtual currency) coin is seen in an illustration picture
The Start Up Nation Leads the Blockchain Industry

The rise of the Israeli Crypto Industry.

Beny Steinmetz
Israeli billionaire arrested in int’l money laundering probe

Beny Steinmetz, also a political operative, lashed out at the "authoritarian" Israeli government in court on Monday.

TED talk Israel
At TEDx in Tel Aviv, talk of advancing crypto currencies like Bitcoin

Israeli-American entrepreneur Galia Benartzi was speaking at TEDxWhiteCity about the potential of the first-ever "people’s money."

Intel sign
As layoffs loom, Intel doubles down on Israeli fintech

On Sunday, the company announced that it would create a fintech innovation lab in association with The Floor, a fintech hub based at the Tel Aviv Stock Exchange.

30/05/2016
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