Bitcoin’s Market Crash & Rebound

by Jacob Wolinsky

Recently, the world closely watched what Bloomberg called the great cryptocurrency crash of 2018.” Bitcoin’s value sank as low as 82 percent lower than its highest value a year ago, while most other cryptocurrencies faced value losses exceeding 70 percent. But, as of yesterday, things are looking up for Bitcoin. The cryptocurrency saw a 9 percent jump up in 24 hours – Bitcoin’s biggest daily jump since July.

CryptoCake is the first-ever 24-hour OTT streaming news channel solely focused on reporting news and informative content on the cryptocurrency, blockchain, and fintech industries. Slated to launch in early 2019, CryptoCake co-founders Steve Slome and Lee Zuckerman are tightly following the ups and downs of the crypto market to bring their audience 24/7, most up-to-date cryptocurrency news.

As the company keeps a close eye on the great cryptocurrency crash, WEBB COO stated that:

“The downturn in cryptos is partly blamed by the automatic stop-loss orders placed to mitigate the risks to the currency investors, also the completion of the hard fork from bitcoin and bitcoin cash split, and additionally the rise of interest to institute government regulation that is needed in order for mainstream investors to enter the space.

What is disconcerting is now there is an open investigation by the Justice Department to determine whether there was fraud conducted prior to the run-up in bitcoin price at the beginning of the year. This investigation, if true, could precipitate a collapse of Crypto industry around early to mid of 2019. A number of expert analysts predict such a great cryptocurrency crash collapse. If that happens, I think with the addition of new regulation and an industry-wide adoption of safe investor practices will likely validate the tech and support the foundation for the next digital currency growth.

And when that happens we will see institutions and banks readily move in as they will ensure their interests in this next financial growth helps to benefit their bottom lines. To paraphrase Betty Davis, ‘Fasten your seatbelts, it’s going to be a bumpy ride’.”

 

Web Global Holdings, Inc. Announces Launch of CryptoCake™ YouTube Channel Currently with 1.9 Million Subscribers

STUDIO CITY, Calif., Nov. 14, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE– Web Global Holdings, Inc. (USOTC: WEBB) a diversified cryptocurrency holding company specializing in media and digital currency mining operations, today announced the release of the CryptoCake™ YouTube channel. The link to the YouTube channel is: https://www.youtube.com/c/CryptoCake

The Company will be releasing trailers and shows on the YouTube channel. CryptoCake’s entirely free programming content will include general news reporting, cryptocurrency and exchange reviews, a celebrity entertainment talk show, a crypto trading F.U.D. (Fear, Uncertainty, and Doubt) busting series, a show devoted to video gaming with cryptos, and much more. By year-end, CryptoCake aims to have a full catalog of pilot shows and programming covering a variety of narratives related to the cryptocurrency, fintech, and blockchain industries. The channel is scheduled to launch in early 2019 on such platforms as Apple TV, Amazon Fire, Roku, Twitch, Chromecast, and all mobile platforms as well. Audiences will also be able to view the full channel for free on the company’s website: http://www.cryptocake.com

To learn more about Web Global Holdings and its CryptoCake channel, please visit the company’s website (www.cryptocake.com).

ABOUT WEB GLOBAL HOLDINGS, INC.

Web Global Holdings, Inc. is a California-headquartered, publicly traded company (USOTC: WEBB) incorporated in the state of Colorado. We are a diversified holdings company that creates growth through asset acquisition and development to produce long-term cash flow and favorable returns for stakeholders. Web Global Holdings has a diverse array of operating subsidiaries specializing in both traditional television production, internet, streaming media along with crypto, blockchain and the FinTech space.  Webb is currently building out OTT streaming channels, reality television productions, online videos, and scripted television around the rapidly expanding crypto and blockchain universe. Web Global Holdings’ largest operating subsidies are CryptoCake, BitGen Mining, and Allocation Media Entertainment.

To learn more, please visit the company’s website at https://webglobalholdings.com.

Notice Regarding Forward-Looking Statements 

This press release may contain “forward-looking statements,” as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

Public Relations Contact:

Tory Patterson, CMW Media

Tory@cmwmedia.com

www.cmwmedia.com

Web Global Holdings Discusses CryptoCake By The Numbers

STUDIO CITY, Calif., Aug. 14, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE–WEB GLOBAL HOLDINGS, INC. (USOTC:WEBB) recapped a number of stats today for current and future shareholders.

CEO Steve Slome stated, “We have had requests to share more information by the numbers. We hope that what we’ve provided below will prove to be helpful.”

INDUSTRY STATS:

Number of Cryptocurrencies: Over 1600

Number of Cryptocurrency Exchanges: Over 500

Avg. Market Cap of current Cryptocurrencies: Approximately $220M

Value of the Top 20 Cryptocurrencies: Approximately 89% of the total market.

Number of Coin Wallets In Use: Over 20M

Cryptocurrency Market Cap: Approximately $202B

Expected to hit 1Trillion Dollar Market Cap: 2018-2020

COMPANY TARGETS (as reflected in company filing dated 7/30/2018)

Number of Cryptocurrency, fintech and traditional advertisers within the first 12 mos: 50

Annual revenue per advertiser: $600K; Company revenue equivalent: $30M

Premier Sponsor Package Advertisers: 5; Company revenue equivalent: $5M

Other revenue streams: $6.8M

Total expected revenue equivalent: $40.8M

Links to SEC fIling:

https://www.sec.gov/Archives/edgar/data/1011901/000147793218003706/webb_1u.htm

https://www.sec.gov/Archives/edgar/data/1011901/000147793218003706/webb_ex151.htm

https://www.sec.gov/cgi-bin/browse-edgar?company=web+global&match=contains&action=getcompany

COO Lee Zuckerman added, “Our research into this sector indicates that trading volumes are increasing and transferring to decentralized exchanges. Institutional investor growth is rising with the proposals of ETFs becoming viable investment vehicles. As the industry ages valuation models will solidify this new technology. Because of systemic hacking in the financial world, firms and institutions are increasingly adopting security tokens making the blockchain technology and cryptocoin industry vital for secure transactions. Finally, decentralized applications are growing in use creating a legit market growth with early adopters. This sector is primed to take off and won’t rely on any one coin’s up or down value. CryptoCake will document these stories and help foster goodwill between cryptocurrencies and associated tech making our company a valuable asset in this industry.”

Mr. Slome finished up with, “We are looking to scoop up tens of millions of redirected ad dollars from the Google and Facebook ad bans. The popular crypto exchange Coinbase has more users than Charles Schwab which is a testament to the public’s insatiable interest in crypto. In addition to marketing and ad partnerships with cryptocurrency companies, we are also pursuing ad partnerships with exchanges, wallets, mining operators and don’t forget that our channel will eventually be an attractive venue for traditional advertisers of all types as well. We want to thank you for your interest in our company and we hope that these stats have proven helpful to you.”

About Web Global Holdings, Inc: Web Global Holdings is the parent company of Allocation Media Entertainment, a company that generates its revenue through the creation of original and unique television programming. The content is growing in popularity through syndication around the world via numerous broadcast, cable, sports and digital networks.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

https://webglobalholdings.com

http://allocationmedia.com/

https://smartereum.com/3223/cryptocurrency-market-valuation-to-hit-1-trillion-this-year-cryptocurrency-predictions-2018-news-analysis-tue-aug-7/

Contact: 347-983-9208

Source: Web Global Holdings, Inc.

Source: Web Global Holdings, Inc.

 

This article appears in: News Headlines

Referenced Stocks: WEBB

Web Global Holdings, Inc. Announces Pre-Production of First 12 Programs To Be Televised on the Company’s Crypto TV Network

Our new Crypto TV Network is poised to be THE content channel of choice for all things Bitcoin and cryptocurrency related and the company projects revenues in the millions of dollars through deals, agreements and tentative agreements that will be announced over the next several months

STUDIO CITY, Calif., July 31, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE–WEB GLOBAL HOLDINGS, INC. (OTC:WEBB) announced today that the company has begun the pre-production of the first 12 programs to be televised via the company’s Crypto TV Network.  The company is currently working with an advertising team that will brand the network taking it from a generic channel to a branded recognizable entity that will target the demographic(s) most involved in the crypto currency industry.  The final name, branding, logo, etc. for the channel will be announced in the coming weeks.

CEO Steve Slome stated, “We could not be more pleased with how quickly our overall strategy is taking shape.  Production is now underway and potential advertisers are starting to take notice.  We’ve had several interesting and favorable conversations with major industry players recently that have expressed an interest in advertising with us and the “buzz” is growing as our business model continues to take shape.”

This will be the world’s first English language streaming television channel offering 24 hour cryptocurrency news.  We will stream live daily via Apple TV, Roku, Amazon Fire, YouTube and other popular platforms.  The channel will primarily carry financial and business related programming including talk shows, investigative reports, documentaries and infomercials along with worldwide cryptocurrency news reporting.  A combination of live news and pre-recorded content will air from 4:00 am until 7:00 pm with weekend content as well.  Off-peak hours will feature repeat content.  A rolling ticker at the bottom of the screen will provide real-time updates on share prices for cryptocurrency, stocks, coin values, crypto market indices and breaking news.

Mr. Slome finished up with, “The funding is in the works for building out our entire business strategy and we look forward to sharing more with you about this in upcoming releases.”

About Web Global Holdings, Inc:  Web Global Holdings is the parent company of Allocation Media Entertainment, a company that generates its revenue through the creation of original and unique television programming.  The content is growing in popularity through syndication around the world via numerous broadcast, cable, sports and digital networks.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

http://allocationmedia.com/
https://webglobalholdings.com

Contact: 347-983-9208

Source: Web Global Holdings, Inc.

Web Global Holdings Sets Sights on New Crypto Television Network Becoming Universally Recognized Brand in the Cryptocurrency Industry

Cryptocurrency is poised for a 1 Trillion Dollar Market Cap by 2020 and yet there’s not ONE dominant outlet for viewing, learning and educating yourself on all things Crypto and Blockchain related.  Web Global Holdings is about to change all of that

STUDIO CITY, Calif., July 10, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE–WEB GLOBAL HOLDINGS, INC. (OTC:WEBB) announced today that it is launching a new crypto television network.

The network is the world’s first English language streaming television channel offering 24 hour cryptocurrency news with all content being produced, owned and syndicated by Allocation Media, a wholly owned subsidiary of Web Global Holdings, Inc.  The network will stream live daily via Apple TV, Roku, Amazon Fire, Chromecast, YouTube and other popular platforms as a free app.

The network will primarily carry digital currency related programming including talk shows, investigative reports, documentaries and infomercials along with worldwide cryptocurrency reporting. The content produced will be similar to that of CNBC with the sole focus on cryptocurrency, blockchain and other financial technology. Web Global Holdings has at least a dozen interesting show formats that have not been seen before centered around cryptocurrency and blockchain providing more than enough content for the channel.

A combination of live news and pre-recorded content will air from 4:00 am until 7:00 pm with weekend content as well.  Off peak hours will feature repeat programming.  A rolling ticker at the bottom of the screen will provide real-time updates on share prices for cryptocurrency, stocks, coin values, crypto market indices and breaking news.

Projected revenue will be generated for the network from advertising, commercials, sponsorship, in program product placement, as well as traditional mobile and web ad sales. Web Global Holdings will be adding on to these revenue streams with data analytics accounts, subscription upgrade fees, as well as VOD sales and potential syndication to other streaming outlets such as Netflix.

The company will share more about this project in future releases.

 

About Web Global Holdings, Inc:

Web Global Holdings is the parent company of Allocation Media Entertainment, a company that generates its revenue through the creation of original and unique television programming.  The content is growing in popularity through syndication around the world via numerous broadcast, cable, sports and digital networks.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

http://allocationmedia.com/

 

Contact: 347-983-9208

Source: Web Global Holdings, Inc.

 

This article appears in: News Headlines

Referenced Stocks: WEBB

Web Global Holdings, Inc. Announces Reverse Merger of Allocation Media Entertainment, Inc.

Once-Dormant Public Company Continues its Reorganization Efforts and Plans for Accelerated Revenue Growth through Merger Agreement with an Innovative Media/Entertainment Company.

STUDIO CITY, Calif., June 28, 2018 (GLOBE NEWSWIRE) — Via OTC PR Wire — WEB GLOBAL HOLDINGS, INC. (OTC:WEBB) announced today the reverse merger of once privately held Allocation Media Entertainment, Inc.

Effective immediately, Steve Slome has been appointed as President and CEO of Web Global Holdings, Inc. Mr. Slome is also the Executive Producer, Co-Founder and CEO of Allocation Media. Mr. Slome’s portfolio of work has been optioned and sold to numerous cable, broadcast and content networks across the world. Mr. Slome’s years of experience in the industry will be invaluable to Web Global Holdings, Inc. as the company expands its reach through (1) the funding of overall operations and (2) through exponential production and development of new and targeted programming.

Also effective immediately, Mr. Lee Zuckerman will take on the role of COO of Web Global Holdings. Mr. Zuckerman has served as Executive Producer, Co-Founder and COO of Allocation Media since its inception. Mr. Zuckerman also brings a wealth of experience to the table and will be instrumental in the long term growth strategy of Web Global Holdings. Mr. Zuckerman is an independent film and television producer with over 20 years’ experience.

Web Global Holdings, Inc. is poised for accelerated growth and these two gentlemen will be instrumental in the execution of the overall growth strategy of the company. The current number of common shares outstanding for WEBB is 3,092,676,667. Officers and/or Directors hold 86.33% of those shares or 2,670,000,000 and the current float is 14,899,100 (https://www.otcmarkets.com/stock/WEBB/security).

 

For additional information, see our websites http://webglobalholdings.com/ and http://webglobalholdings.com/.

About Web Global Holdings, Inc: Web Global Holdings is the parent company of Allocation Media Entertainment, a company that generates its revenue through the creation of original and unique television programming. The content is growing in popularity through syndication around the world via numerous broadcast, cable, sports and digital networks.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

 

For more information

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Source: Web Global Holdings, Inc.

Contact: 347-983-9208

Source: Web Global Holdings, Inc.

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