Israel's military said that more than 600 rockets and other projectiles - over 150 of them intercepted - had been fired at southern Israeli cities and villages since Friday.
It retaliated by launching air strikes against a building in the Gaza strip that it claimed housed Hamas cyber operatives.
"A war that you go into and will most likely reach a conclusion and bring us back to the exact point we are in at the moment", he said. "END the violence and work towards peace - it can happen!" he said in a subsequent post.
Brig. Gen. "D" also said that "What's special here is that we thwarted this threat under fire".
"In the last two days, we renewed the policy of assassinating senior terror officials, killed dozens of Hamas and Islamic Jihad terrorists and destroyed terror towers", Netanyahu stated.
Smotrich's remarks are just another example of "chest-pumping" from politicians lacking a say in final military decisions, according to Plitnick, who noted that the chances of such an attack are relatively low.
A military statement said that Hamed Ahmed Abed Khudri had been responsible for transferring funds from Iran to armed factions in Gaza.
Gaza's health ministry on Sunday said a four-year-old child was also killed during Israeli strikes in the northern Gaza Strip.
Donald Trump says China tariffs will rise to 25 per cent
Trump also noted that $50 billion of hi-tech goods from China that are imported by the US already are taxed at 25%. But Trump and China's President Xi Jinping agreed in December to refrain from further escalation.
While there is no detailed information on what was the aim of the Hamas cyber attack which prompted the airstrike, the commander of the IDF Cyber Division Brigadier General "D" said that it was aimed at "harming the quality of life of Israeli citizens" according to a The Times of Israel report.
It's been less than a month since Prime Minister Benjamin Netanyahu was reelected, and he seems to have tossed out what only a year ago had pushed his government into crisis, leading to the resignation of Avigdor Lieberman. The army said its tanks and planes hit some 350 militant targets in Gaza in response.
Rocket fire and Israeli strikes continued into Sunday evening.
In recent months, the cash has not arrived, Hamas has fallen under increasing pressure ahead of the Muslim holy month of Ramadan, a time of traditional fasting and feasting.
The Islamic Jihad - the militant group Israel accused of instigating the latest violence - confirmed that a "mutual and concurrent" truce had been brokered by Egypt.
Among the steps, he said, were the relaxing of limits on fishing and improvements in Gaza's electricity and fuel situation.
A Palestinian woman and her baby were also killed in a botched missile launch by the terror groups.
Israel did not immediately comment on the announcement, but later in the morning, the Home Front Command lifted all restrictions for Gaza border residents implying a ceasefire was agreed upon.