CIAU PPS Next 900% Increase Potential Entering Underserved $100 Billion Digital Currency Market

New York, NY – June 30, 2017 - Wall Street Corner Report -

Ciao Group, Inc. (USOTC: CIAU) stock has gone up 900% from $0.05 to a high of $0.50 in the last 30 days and is now trading between $0.40 and $0.50. Having entered the underserved $100 Billion Digital Currency Market with the likes of Bitcoin and Ethereum, the CIAU PPS has the potential to go much higher. Investors looking to benefit from the Cryptocurrency and Blockchain explosive market are likely accumulating CIAU here between $0.40 and $0.50 in anticipation of the next 900% increase where dramatic increases have become relatively common within the Digital Currency Market. Less than 1000 digital currency issues today have a combined market capitalization of over $100 Billion and demand looks to be on the rise.

Ciao Group, Inc. (OTC: CIAU) announced plans earlier this week to enter a collaboration agreement with Hub Culture to pilot a secure digital financial products marketplace constructed on a blockchain backbone and linked to a digital asset service engine managed by Hub Culture. Ciao Group recently revealed its Blockchain Frontier Markets Project , which has been under development over the past year with a specific initial target of bringing increased liquidity to USD$530 billion in African publicly traded company market capitalization. Hub Culture introduced its digital currency, 'Ven,' in 2007, and has long been a leader in application uses for digital currency worldwide. Over 500 million Ven have circulated since debut with an economy of over $100 Million in related inventory. Ven is the world's most stable currency, with primary value tied to a diversified basket of underlying assets including fiat currencies, commodities and carbon. It trades at floating exchange rates.

Read more news for Ciao Group at http://www.marketnewsupdates.com/news/ciau.html

Ciao Group recently announced a refreshed business plan to concentrate on developing locally sourced technology and telecommunication services within frontier and emerging economic markets. The Company is in the process of changing its name to NuMelo Technology as part of the business plan refresh.

In other Bitcoin, Blockchain Technology developments:

IBM (NYSE: IBM) is building blockchain technology that will be used by seven of Europe's largest banks, including HSBC and Rabobank, to facilitate international trade for small and medium-size enterprises, the company said on Tuesday (June 27). The project will mark one of the first real-world use cases of blockchain technology in financial institutions. The potential of blockchain has been praised by the banking industry over the past couple of years, but the first real applications are beginning.http://www.cnbc.com/2017/06/26/ibm-building-blockchain-for-seven-major-banks-trade-finance.html

MGT Capital Investments, Inc. (OTC: MGTI) announced today an agreement with Bit5ive LLC to purchase up to 60 graphics processor-based mining computers. These machines will utilize the highest quality GPU cards and Intel CPU's with a design to divide the hash rate between Ethereum (ETH) and Ethereum Classic (ETC). The utility of smart contract technology has gained the interest of many on and off Wall Street in recent months. For example, Grayscale investments, led by Barry Silbert, announced plans to launch the "Classic Ether Trust," with Bloomberg adding Grayscale's Ethereum Classic ticker symbol and investment thesis to its research base. We also believe the formation of the Enterprise Ethereum Alliance - comprised of many of the world's leading technology companies - will lead to new and exciting applications and verticals utilizing the Ethereum blockchain, all requiring more robust mining power in order to execute transactions.

Apple, Inc. (NASDAQ: AAPL) co-founder Steve Wozniak revealed he bought bitcoin when it was at $700 during an interview with CNBC at eMerge Miami on Monday - June 12, 2017. Wozniak didn't disclose how much he acquired, but the cryptocurrency surged above $3,000 over the following weekend, meaning he gained $2,300 even if he just bought a single bitcoin. "I remember getting interested in bitcoin some time ago," Wozniak said. "It was $70 for a bitcoin, man and I went online and you had to have a special bank account at a special bank and I couldn't buy any bitcoin so I gave up. Eventually I got some of them at the $700 stage and it went down to $350. I didn't invest, I did it so I could play with bitcoin." http://www.cnbc.com/2017/06/12/apples-steve-wozniak-bought-bitcoin-at-700.html

First Bitcoin Capital Corp (OTC: BITCF) and Simple Automated Money, Inc. (SAMCO) announced this month that SAMCO will provide automated check-cashing kiosks through BITCF locations in Northern California. SAMCO's Web-enabled automated check-cashing kiosks merge unique and exclusive check cashing capabilities to provide unbanked consumers with a fast and confidential check-cashing experience. In a pilot test program, BITCF has ordered S.A.M. Kiosks to integrate Bitcoin ATM into self-service check cashing kiosks nationwide. BITCF is conducting the pilot test and studying customer acceptance of the check cashing kiosks with 3 units in Northern California. The company anticipates beginning a national rollout later in 2017. During the pilot, BITCF will offer discounted check-cashing services and will promote the new service through online advertising, in-store signs and special events ... all aimed at consumers who use alternative check-cashing services.

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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.