By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
FinOracle
  • Finance
  • Crypto
  • Technology
  • More
    • CivitasAI Readiness Index
    • Tech Sovereignty Index
    • CivitasAI Health Index
    • Predictions
    • Financial reports
    • Opinion
    • SWOT
Notification
  • HomeHome
  • My Feed
  • My Interests
  • My Saves
  • History
Personalize
FinOracleFinOracle
Font ResizerAa
  • HomeHome
  • My Feed
  • My Interests
  • My Saves
  • History
Search
  • Quick Access
    • Home
    • Contact Us
    • Blog Index
    • History
    • My Saves
    • My Interests
    • My Feed
  • Categories
    • Economy
    • Travel
    • Gossip
    • Business
    • Fashion
    • Health

Top Stories

Explore the latest updated news!
Silicon Valley Leaders Clash with AI Safety Advocates Amid Rising Tensions | FinOracle

Silicon Valley Leaders Clash with AI Safety Advocates Amid Rising Tensions

Psychologist’s Guide: What Parents Must Do Before Giving Kids Smartphones or Social Media | FinOracle

Psychologist’s Guide: What Parents Must Do Before Giving Kids Smartphones or Social Media

Senate Republicans Share Deepfake of Chuck Schumer Amid Government Shutdown Controversy | FinOracle

Senate Republicans Share Deepfake of Chuck Schumer Amid Government Shutdown Controversy

Stay Connected

Find us on socials
248.1kFollowersLike
61.1kFollowersFollow
165kSubscribersSubscribe
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Bitcoin

Israeli Investors Shift to Bitcoin: Bits of Gold Leads Way

Mark Eisenberg
Last updated: 20.06.2024 10:27 pm
By Mark Eisenberg
Share
Israeli Investors Shift to Bitcoin: Bits of Gold Leads Way | FinOracle
Photo: Finoracle.net
SHARE

Shifting Israeli Investment Trends: Embracing Cryptocurrency and Bitcoin with Bits of Gold

Investment trends in Israel are shifting towards cryptocurrency amid regulatory evolution and growing interest in digital assets like Bitcoin, facilitated by platforms such as Bits of Gold.

Contents
Shifting Israeli Investment Trends: Embracing Cryptocurrency and Bitcoin with Bits of GoldGrowing Interest in CryptocurrencyGovernment Recognition and RegulationWhat is Bitcoin?Government Attitudes Toward BitcoinSimplifying Secure Crypto Investments in IsraelOvercoming Banking ChallengesCustomer SupportA New Form of Investment

Growing Interest in Cryptocurrency

Investment trends in Israel have changed a lot in the last few years. In the past, Israelis mostly invested in real estate and the stock market. But now, with more investment funds available, people are looking at new options. Interest rates have gone up, making it easier to invest money and get good returns. Cryptocurrencies like Bitcoin have caught the eye of many. Bitcoin’s value went from around $40,000 to as high as $70,000, making it very appealing to investors.

Government Recognition and Regulation

Governments around the world are starting to recognize digital currencies and are making changes to include them in traditional investment channels. However, the rules are not fully set yet, which can sometimes lead to fraud and losses for investors.

What is Bitcoin?

Bitcoin was created in 2008 by someone known as Satoshi Nakamoto and was first used in 2009. Unlike regular money from the government, Bitcoin is not controlled by a central authority, like a central bank. Instead, transactions are verified by network nodes using cryptography and are recorded on a blockchain. One key feature of Bitcoin is its limited supply; there will only ever be 21 million bitcoins. This scarcity is meant to prevent inflation and help keep the currency valuable over time.

Government Attitudes Toward Bitcoin

Countries have different views on Bitcoin and other digital currencies. Some have fully embraced them, seeing their potential to boost innovation and economic growth. In Israel, opinions are mixed. Some regulatory steps have been taken, but interest in the technology continues to grow.

Simplifying Secure Crypto Investments in Israel

A leading Israeli tech company in this space is Bits of Gold, active since 2013. They are approved by the Finance Ministry and the Capital Market Authority, Insurance, and Savings. Their platform is known for being simple and secure, providing a reliable option for digital currency investments.

Overcoming Banking Challenges

One challenge you may face when buying crypto is transferring it to your bank account. Israeli banks sometimes block transfers if the money originally came from digital currencies. However, transfers from trusted platforms like Bits of Gold are more straightforward. Bits of Gold even manages the tax on the interest you earn, saving you from direct dealings with tax authorities. You can also conduct transactions in US dollars, avoiding currency conversion fees from shekels to dollars.

Customer Support

Bits of Gold provides customer support in both English and Hebrew, helping manage and sell your currencies, which is important for new customers.

A New Form of Investment

Investing in crypto is a new way to put your money to work. It's important to know that the risks may be higher than traditional investments. However, with the growth of technology and regulation, it could be a good option. Note: This article is not meant to be investment advice or a recommendation.


For more updates on cryptocurrency and investment trends, keep following our journalistic coverage.

TAGGED:AIALSAPIAppealARArtAssetAtosAuthorityBankBank accountBankingBitcoinBlockchainCamCapital marketCarCentral bankCognitionCoinCompanyCryptoCryptocurrencyCryptographyCureCurrencyCustomerDigital assetDigital currencyDiscoDollarEconomic growthEvolutionFinanceFraudFunGoldGovernmentGrowthIceImportInflationInnInnovationInsuranceInterestInterest rateInvestmentInvestment fundInvestorIonIsraelMarketMoneyNakamotoPHPortPotentialReal estateRegulationRiskRustSatoshiSatoshi NakamotoSavingScarcitySECSpaceStockStock marketTaxTeaTechnologyTimeTraditionTraditional investmentsTrendsUSVestingWar
Share This Article
Facebook Copy Link Print
Mark Eisenberg
ByMark Eisenberg
Mark Eisenberg is a financial analyst and writer with over 15 years of experience in the finance industry. A graduate of the Wharton School of the University of Pennsylvania, Mark specializes in investment strategies, market analysis, and personal finance. His work has been featured in prominent publications like The Wall Street Journal, Bloomberg, and Forbes. Mark’s articles are known for their in-depth research, clear presentation, and actionable insights, making them highly valuable to readers seeking reliable financial advice. He stays updated on the latest trends and developments in the financial sector, regularly attending industry conferences and seminars. With a reputation for expertise, authoritativeness, and trustworthiness, Mark Eisenberg continues to contribute high-quality content that helps individuals and businesses make informed financial decisions.​⬤

Related Stories

Uncover the stories that related to the post!
Anjanava Biswas: Leading Innovations in Applied AI and Generative AI Safety | FinOracle
Artificial Intelligence

Anjanava Biswas: Leading Innovations in Applied AI and Generative AI Safety

Veracyte Reports Strong Q2 Growth with 27% Revenue Increase | FinOracle
Investing

Veracyte Reports Strong Q2 Growth with 27% Revenue Increase

Monday.com Stock Tumbles on Disappointing Outlook | FinOracle
Business

Monday.com Stock Tumbles on Disappointing Outlook

Liberty Media Q2 2024 Results and Growth Plans | FinOracle
Finance

Liberty Media Q2 2024 Results and Growth Plans

Revolutionizing Medicaid: Technology's Impact on Healthcare | FinOracle
Technology

Revolutionizing Medicaid: Technology’s Impact on Healthcare

Tokenization: A Game Changer in Financial Transactions | FinOracle
Finance

Tokenization: A Game Changer in Financial Transactions

Google-Owned Mandiant's X Account Hacked: Cryptocurrency Scam Exposes Vulnerabilities | FinOracle
Crypto

Google-Owned Mandiant’s X Account Hacked: Cryptocurrency Scam Exposes Vulnerabilities

BNB Price Eyes Bullish Streak: Key Resistance at 2 | FinOracle
Finance

BNB Price Eyes Bullish Streak: Key Resistance at $572

Show More
FinOracle

Ready for Core Web Vitals, Support for Elementor, With 1000+ Options Allows to Create Any Imaginable Website. It is the Perfect Choice for Professional Publishers.

  • Quick Links
  • AI
  • AR
  • US
  • Market
  • CES
  • Ion
  • Potential
  • SEC
  • Port
  • War

Quick Links

  • My Feed
  • My Interests
  • History
  • My Saves

About US

  • Adverts
  • Our Jobs
  • Term of Use

© 2025 All Rights Reserved. Design & Developed By Selentium Group AG

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Google
Continue with Microsoft
Not a member? Sign Up