Tag Archives: experts

Simple Ways to Soothe a Stressed Dog on Independence Day, According to Experts

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As America celebrates the Fourth of July with flashing lights, barbecues, and parades, our furry friends may not find fireworks as enjoyable. Many dogs can be scared of fireworks, even if they are only hearing or seeing them from a distance.

If your dog is afraid of fireworks, there are ways to make the experience more relaxing. Dr. Zazie Todd, an animal behavior expert, shared some tips on how to keep your dog calm during a fireworks display.

Why are dogs scared of fireworks?

Dogs have sensitive hearing, so loud sounds like fireworks can be particularly frightening for them. Without understanding the context of these sounds, dogs can become scared and anxious when they hear fireworks.

To help your dog feel more at ease during fireworks displays, there are some steps you can take.

Tips for keeping your dog calm during fireworks

Create a suitable environment for your dog

One way to protect your dog from the noise and light of fireworks is to draw the curtains and turn on the TV. However, being present to reward your dog when there are loud noises can be even more effective in calming them down.

Comforting your dog during fireworks is okay, as they look to you for support in stressful situations. Creating a safe and comforting space for your dog can also help them feel more secure.

Don’t be afraid to comfort them

Despite the idea that comforting a scared dog can make them more afraid, there is no scientific evidence to support this. It is important to offer comfort to your dog during stressful situations, such as fireworks displays.

Try desensitization training

Training your dog to be comfortable with loud noises, like fireworks, can be beneficial. Exposing puppies to quiet firework sounds during their socialization period can help prevent fear of fireworks in the future. Building a positive association with fireworks can also reduce fear and anxiety in dogs.

Going to the vet

If your dog suddenly becomes extremely frightened of fireworks, it may be worth seeking professional help from a vet. Getting your dog checked for any underlying issues causing fear of fireworks can be important for their well-being.

Get a prescription for medicine

If you don’t have time to train your dog or want immediate relief, your vet can prescribe medication to help your dog cope with fireworks. However, this should be used as a short-term solution, and long-term training is recommended for lasting results.

About our experts

Zazie Todd, author of Pet Psychology, is an expert in animal behavior and pet care. With a background in psychology and training, Todd provides science-based information on keeping pets happy and healthy.

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Source: www.sciencefocus.com

Experts Explain the Harmful Effects of Nicotine Pouches

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It has been common knowledge for many years that smoking is highly detrimental to health. Quitting smoking or avoiding starting in the first place are among the most effective measures individuals can take to safeguard their well-being.

Nations worldwide are implementing comprehensive strategies to eradicate smoking from the realm of normal and socially acceptable behaviors, shedding light on the reality that smoking is a lethal addiction.

The reduction in smoking rates is attributed to initiatives such as increased tobacco taxes, graphic warnings on packaging, workplace smoking bans, and the cessation of alluring tobacco advertising campaigns.

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Recent data from the UK Office for National Statistics indicates that 12.9% of adults in the UK are current smokers. This marks a substantial decline compared to the 30% prevalence in the early 1990s. The success in tobacco control efforts is evident in this statistic.

Nevertheless, nicotine addiction continues to thrive as a lucrative industry. Rather than fading away quietly, the tobacco sector has introduced a new array of products appealing primarily to the youth demographic: flavored disposable e-cigarettes, heat-not-burn devices, and their latest novelty item—nicotine pouches.

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Nicotine pouches are typically packaged in small, pocket-sized containers resembling tea bags. They consist of a blend of vegetable fiber, sugar, flavorings, and, of course, nicotine.

Nicotine can either be synthesized in a laboratory or extracted from the tobacco plant. These pouches come in various flavors ranging from fruity to sweet and in different nicotine strengths, some containing more nicotine than regular cigarettes.

The user places the small pouch between their lips and gums, allowing the nicotine to be absorbed. Once the nicotine is fully absorbed, the pouch is discarded and replaced. These pouches are discreet, emit a pleasant aroma, and unlike chewing tobacco, do not require spitting post-use.

Although nicotine pouches are relatively new, they bear similarities to Scandinavian “snus,” the key distinction being the absence of tobacco in pouches. This regulatory loophole allows pouches to dodge tobacco product rules and regulations that apply to cigarettes.

Unlike cigarettes, pouches can legally be sold to individuals under 18 in the UK due to this lack of regulation. Other countries, such as the US, have taken steps to ban or restrict pouch sales to adults only.

What do we know about the health risks of pouches?

While nicotine pouches are gaining popularity globally, limited data exists to assess their health risks as they are relatively new in the market. Nonetheless, the World Health Organization advocates for a cautious approach emphasizing the importance of prioritizing health outcomes while permitting the sale and promotion of nicotine pouches, especially concerning the health of young individuals.

Usage of pouches exposes individuals to toxic nicotine, increasing the risk of nicotine addiction and potentially leading to the use of other products like e-cigarettes or cigarettes.

Aside from the addictive nature of nicotine, its consumption in pouch form can impact adolescent brain development and overall health, including cognitive functions. High doses of nicotine may induce symptoms such as dizziness, headaches, nausea, and abdominal cramps, particularly in individuals inexperienced with nicotine exposure.

It might be tempting to compare the health effects of nicotine pouches, e-cigarettes, and tobacco products to deem one product “safer” than another. However, 85% of the UK population never smoke; hence, young non-smokers would not derive health benefits from initiating pouch use.

Moreover, there’s no current evidence supporting the efficacy of pouches in smoking or vaping cessation. Rather than aiding cessation efforts, individuals who smoke or vape may resort to pouches when restricted from smoking or vaping easily, potentially increasing nicotine intake.

A handful of multinational corporations dominate the global tobacco industry, with British American Tobacco and Philip Morris International being the two largest manufacturers and sellers of nicotine pouches. Resembling vintage cigarette advertisements, pouch promotions employ motorsport, celebrity endorsements, and various lifestyle marketing techniques.

Tobacco industry practices have been alarmingly proficient in harmful marketing strategies. The widespread availability of addictive nicotine products and the absence of stringent regulations on pouch advertising and sales pose a genuine risk of escalating pouch use and nicotine addiction among the youth.

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Source: www.sciencefocus.com

What do obesity experts think about the health of supermarket bread?

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Engaging in discussions about diet and nutrition can often lead to passionate arguments, as I discovered when unintentionally becoming the focal point of a debate surrounding supermarket bread.

It all started with my opinion piece on “ultra-processed foods,” or UPF. For those unfamiliar, this term refers to foods that undergo industrial processes difficult to replicate at home. Examples include sweetened drinks, prepackaged foods, and supermarket bread. In the UK, approximately 50% of our caloric intake comes from UPF sources.

So, what makes UPF detrimental to our health?

Firstly, UPFs tend to be low in protein and fiber due to extensive processing, making them easily digestible and calorically dense. Secondly, the flavor is often diminished in UPFs, leading to high levels of sugar, salt, and fat being added for taste. Lastly, some argue that the processing involved in UPFs is inherently harmful, although the evidence supporting this claim is inconclusive.

A recent meta-analysis published in the British Medical Journal linked excessive UPF consumption to various health issues across different categories.

The ambiguity surrounding the UPF concept bothers me, as it encompasses a wide range of foods from highly processed items to minimally processed options like supermarket bread. Despite the negative connotations associated with UPFs, supermarket bread, a major source of UPF calories, still provides sustenance for many households.

The accessibility and affordability of supermarket bread make it a staple for individuals facing food insecurity. While premium bread offers unique qualities, such as lactobacterial fermentation, evidence supporting health benefits is growing.

An interview with Dr. Chris Van Tulleken highlighted the differences between traditional and supermarket bread, emphasizing the higher salt and sugar content in the latter. A rational discussion is essential to address the prevalence of UPFs, acknowledging the diverse preferences and circumstances of consumers.

In conclusion, while premium bread may offer distinct advantages, stigmatizing those who rely on supermarket bread is unjust. It is crucial to engage in constructive dialogues regarding our food choices without condemning individuals based on their bread preferences.

Source: www.sciencefocus.com

What’s the real health impact of supermarket bread, as determined by obesity experts

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When discussing diet and nutrition, opinions can often be divisive and passionate. Recently, I found myself in the middle of a debate surrounding supermarket bread that sparked unexpected backlash.

The controversy began after I wrote an article on “ultra-processed foods” (UPF). These foods are products of industrial processes that are difficult to replicate at home, including sweetened drinks, prepackaged foods, and most supermarket breads. In the UK, around 50% of our daily calories come from UPF (source).

UPF has garnered a negative reputation for several reasons. Firstly, these foods tend to be low in protein and fiber, making them easily digestible and calorically dense. Secondly, the processing of UPF often strips away natural flavors, leading to high amounts of added sugar, salt, and fat to enhance taste. Lastly, there are concerns that excessive consumption of UPF may lead to various health issues (British Medical Journal).

While the negative effects of UPF are well-documented, the term itself is vague, encompassing a wide range of foods from heavily processed items to minimally altered products like mass-produced supermarket bread.

In a response to my article, it was argued that real sourdough bread made through lactobacterial fermentation may offer health benefits that are lacking in supermarket bread. It was also noted that supermarket bread tends to be higher in salt and sugar, leading to potential weight gain.

While artisanal sourdough may provide some advantages over supermarket bread, it’s essential to consider the accessibility of such premium products to a broader demographic.

A balanced discussion on the prevalence of UPF in our food supply is necessary, but the demonization of supermarket bread, a staple for many households, may be unwarranted without substantial evidence of harm.

Source: www.sciencefocus.com

Russian Criminal Group Believed to Be Responsible for Cyber Attack on London Hospital, According to Experts

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According to the former chief executive of the National Cyber Security Centre, a Russian cybercriminal group is responsible for a ransomware attack that disrupted operations and testing at a major NHS hospital in London.

The attack on pathology services firm Synovis resulted in a significant capacity impairment and was deemed a very serious incident.

Following the attack, the affected hospital declared a critical situation, halted operations and tests, and was unable to conduct blood transfusions.

A memo sent to NHS staff at multiple London hospitals and primary care services described the incident as a “major IT incident”.

During a BBC Radio 4 interview, Ciarán Martin confirmed that a group of Russian cybercriminals known as Kirin was behind the Synovis attack. These groups operate within Russia, targeting organizations globally for financial gain.

The cybercriminals, who have a history of attacks on various entities, inadvertently caused severe disruption to primary care with their ransomware attack.

While the government’s policy is to refrain from paying ransoms, companies affected by such attacks have the option to do so.

The National Cyber Security Centre is collaborating with NHS authorities to investigate the repercussions of the cyber attack.

Synovis has reported the incident to the police and the Information Commissioner.

Health Secretary Victoria Atkins assured that patient safety is the top priority and efforts are underway to resume services safely.

Synovis CEO Mark Darragh mentioned that a taskforce of Synovis and NHS IT experts is evaluating the impact and necessary measures.

It may take “weeks rather than days” to receive pathology results due to the severity of the attack, as per a senior source cited by the Health Service Journal.

Source: www.theguardian.com

Blockchain experts forecast which tokens will generate profits

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As Polkadot (DOT) adoption soars, investors are looking to diversify with promising tokens. Learn about RCO Finance (RCOF) and how it can help you maximize your profits.

Despite being a revolutionary technology, Polkadot (DOT) has struggled to gain adoption since its launch. The coin showed a downward trend through most of 2023. However, the trend reversed in the fourth quarter of 2023 with increased user and developer adoption.

This marked the beginning of significant growth for Polkadot (DOT), reflecting the platform’s growing influence in the cryptocurrency scene. In the last 24 hours 37.51% increase in trading volume, $225 million.

Given the market trends, crypto analysts expect Polkadot (DOT) to continue its bull run soon. Investors are also considering adding tokens such as: RCO Finance (RCOF) We have solid growth potential in our portfolio.

Polkadot (DOT) Bull Run’s future expectations

The current market price of Polkadot (DOT) is: $6.98 is expected to rise further in the coming days. Cryptocurrency expert We predict that the asset will skyrocket and increase by 229.98% to $22.82 by next month.

Based on technical analysis, Polkadot (DOT) has gained 33% in the past 30 days.

They predict prices will remain around $6.92 at the 2025 low end. Their analysts predict that Polkadot (DOT) will hit a high of $32.90. If Polkadot (DOT) reaches the upper end of the target price, investors who buy this coin today could earn a return of 377.90% by next year.

Sure, a 300% ROI on a token would be great, but other assets could yield even more returns in the long run. Investors who prioritize portfolio diversification are always looking for new profitable projects to get into early.

AI-powered investment platform to discover promising altcoins

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RCO Finance (RCOF) allows users to participate in various DeFi activities such as providing liquidity, participating in yield farming, and automated market making. Investors can also buy real-world stocks, bonds, commodities, real estate, and other alternative investments while managing all their assets from her one place at the same time.

It also features an AI trading platform that prioritizes user experience and recommends profitable investment opportunities. AI tools study trends in the cryptocurrency market and provide valuable insights into which trades to exit and optimal trading times based on changing market dynamics.

Both beginners and seasoned crypto traders can take advantage of this tool to expand their portfolios with promising assets that can yield huge profits.

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As the token completes more pre-sale stages, the price will rise rapidly. When the popular crypto trading platform finally lists his RCO Finance (RCOF), investors who bought it incredibly cheap during this initial pre-sale stage could reap drool-worthy profits .

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Source: www.the-blockchain.com

Experts warn of increasing cyberattacks tied to Chinese intelligence agencies

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Warning analysts have highlighted the increasing power and frequency of cyberattacks linked to Chinese intelligence as foreign governments test their response. This comes in the wake of revelations concerning a large-scale hack of British data.

Both the British and American governments disclosed that the hacking group Advanced Persistent Threat 31 (APT 31), supported by Chinese government spy agencies, has been targeting politicians, national security officials, journalists, and businesses for several years. They have been accused of carrying out cyber attacks. In the UK, hackers potentially accessed information held by the Electoral Commission on tens of millions of British voters, and cyber espionage targeted vocal MPs on the threat posed by China. Sanctions have been announced against Chinese companies and individuals involved by both the US and UK governments.

New Zealand’s government also expressed concerns to the Chinese government about Beijing’s involvement in attacks aimed at the country’s parliamentary institutions in 2021.

Analysts informed the Guardian that there are clear indications of a rise in cyberattacks believed to be orchestrated by Chinese attackers with ties to Chinese intelligence and government.

Chong Che, an analyst at Taiwan-based cyber threat analysis firm T5, stated, “Some hacking groups often rely on China to carry out attacks on specific targets, such as the recent iSoon Information incident. It’s an information security company that has a contract with intelligence agencies.” T5 has observed an increase in constantly evolving hacking activity by Chinese groups in the Pacific region and Taiwan over the past three years.

Chong also mentioned that while there isn’t enough information to directly trace activities to China’s highest leadership (with the Chinese government denying the allegations), activity can’t be discounted considering the Chinese system that does not differentiate… They believe that their objective is to infiltrate specific targets and steal critical information and intelligence, whether political, military, or commercial.

Several analysts noted that Western governments have become more willing to attribute cyberattacks to China after years of avoiding confrontation with the world’s second-largest economy.

David Tuffley, senior lecturer in cybersecurity at Australia’s Griffith University, remarked, “We’ve shifted from being less critical in the past to being more proactive, likely due to the increased threat and scale of actual intrusions. They are now a much more significant threat.” Cyberattacks are part of China’s gray zone activities, actions that approach but do not reach the threshold of war.

Tuffley highlighted that while much of the cyber activity is regionally focused on Taiwan and countries in the South China Sea with territorial claims, the cyberattacks are widespread. China aims to cause instability in the target country and test adversary defenses, rather than engage in violent war.

Tuffley warned of the risk of escalation, noting that other governments like the US and UK also possess sophisticated cyber espionage capabilities but have not publicly threatened action against China. US authorities charged individuals with conducting cyberattacks in violation of US law, suggesting a deep level of knowledge about the attacks.

Adam Marais, chief information security officer at Arctic Wolf, commented, “If you’ve been involved in cybersecurity for many years, this report from UK authorities won’t surprise you at all. Beijing continues to view cyber as a natural extension of its national strategy and has little fear of using cyber technology to advance its national interests.”

Source: www.theguardian.com

French experts in security unveil a disinformation network based in Moscow | Cyberwarfare

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French military and cybersecurity experts have identified a Moscow-based network that is spreading propaganda and disinformation across Western Europe.

France’s Agency Viguinum, established in 2021 to detect digital interference from foreign groups influencing public opinion, stated that it was unclear whether Russia was involved online in the lead-up to the European elections and other important votes this year, paving the way for a new wave of operations.

The online network, named Portal Combat, consists of at least 193 sites spreading pro-Russian propaganda supporting Russia’s invasion of Ukraine and criticizing the Kiev government. The disinformation is spread through social media sites and messaging apps targeting people who propagate conspiracy theories.

Researchers at Biginum identified and analyzed the network between September and December last year, tracing the massive disinformation campaign back to Moscow. One pro-Russian channel on the French Telegram app publishes up to nine articles an hour almost continuously.

The European Commission, NATO, and UN agencies have classified disinformation as one of the biggest threats to democracy in 2024, recognizing it as a national security issue.

UN Information Secretary-General Melissa Fleming stated that disinformation was being used to create more suspicion and hatred, weakening peacekeeping forces.

EU chief diplomat Josep Borrell described this new war as being about words and ideas that can colonize minds, not about bombs that can kill people.

Vera Yulova, the EU’s vice-president for values and transparency, expressed the EU’s determination to fight back against Kremlin’s actions to spread propaganda and interfere in democracy, welcoming the strong determination of France, Germany, and Poland.

French defense experts noted that sites linked to disinformation networks do not produce original material, instead flooding the internet with materials from pro-Russian sources since Russia’s invasion of Ukraine.

The Biginum report revealed that the disinformation network is directly contributing to the polarization of digital public debate in the Francophone world and is targeting Russian communities in Ukraine and several Western countries.

Furthermore, Biginum identified three “ecosystems” involved in the propaganda campaign.

Another network of websites primarily targets Russian-speaking audiences in Ukraine and began operating just over a month after the Russian invasion, delivering propaganda focused on the Ukraine conflict.

Despite the massive propaganda and disinformation campaign, security experts believe it has had limited success, with the average traffic for the five portals in November 2023 reaching 31,000 visits.

Source: www.theguardian.com

Is a Huge Technology Boom on the Horizon or Will it Fizzle Out? Experts Notice Positive Signs Despite Recent Layoffs in the Technology Sector

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WWill 2024 be boom or bust for big tech companies?
estimate
the industry has seen more than 7,500 layoffs since the start of the year, a spate of pink slips that many had hoped would stop after deep job cuts in 2023.

But as earnings season for major U.S. tech companies begins this week, some analysts are predicting strong numbers. This set of quarterly financial results may indicate that the industry has shed pandemic-era hiring overhangs and reorganized around cloud computing and AI, with cuts in sectors where the outlook is less positive. It has become necessary. Analysts passionate about AI say we are at the beginning of a tech bull market.



Since the beginning of this year, Google has laid off more than 1,000 employees in various departments. The job cuts are small compared to January last year, but Google CEO Sundar Pichai warned that more layoffs are coming. He told employees in an internal memo last week that Alphabet was “removing layers to simplify execution and increase speed in some areas.”

“We have ambitious goals and will invest in big priorities this year,” Pichai said in the memo.
Obtained from Verge.
“The reality is that we have to make difficult choices to create the capacity for this investment.” However, the reductions “are not the size of last year's cuts and will not impact every team.” he added.

Alphabet workers union
called dismissal “needless” in Wednesday's post on X (formerly Twitter).

Amazon also announced new layoffs affecting hundreds of employees in its Prime Video and Amazon MGM Studios divisions. This is part of a move away from excessive spending on entertainment and a refocus on core priorities such as online shopping logistics and new businesses such as AI.

At Meta, where more than 20,000 layoffs were made last year, departmental cuts appear to have slowed, but have not stopped. Instagram eliminated its management layer in mid-January, cutting 60 technical program managers. Last year, the company announced it was adding employees to support “priority areas” and changing its workforce to include more “high-cost technical roles.”

And that may be the true story of the technology industry in 2024. If Wedbush analyst Dan Ives is right, the layoffs are almost complete and earnings season will be a time for a “popcorn break.”

“Not only will there be companies that will benefit from the AI ​​revolution, but there will also be companies that will be at a disadvantage.Therefore, companies will need to reduce costs in non-revenue-generating areas and redouble their use of AI.” says.

“This is more of a redistribution than anything else because 95% of the cost savings are in the rearview mirror. But the strong will get stronger and the weak will be exposed.”

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But which hand is it? Apple may be looking to boost sales that have been lagging behind this month's launch of the Vision Pro headset and new iPhone models with generative AI capabilities. China's economic downturn has forced the company to cut the prices of many smartphones and hope for a recovery.

Last week, Bank of America securities analyst Wamsi Mohan expressed optimism about Apple's year ahead, suggesting that “promising AI capabilities” could lead to “an enhanced multi-year iPhone upgrade cycle.” did.

Ives said increased demand for enterprise software and cybersecurity, as well as a surge in demand related to major AI projects, will be key to earnings season and will continue to do so as the AI ​​revolution gains momentum.

Winners have already emerged. Last week, Microsoft surpassed Apple as the world's most valuable company for the first time since 2021, with a market capitalization of nearly $3 trillion. Microsoft cut 16,000 jobs from 232,000 employees last year, but Wedbush recently said that Microsoft's lead in AI will boost the company's revenue by $25 billion by 2025. I calculated that it was possible.

“The move to cloud and AI is having a huge impact on technology, including the reallocation of jobs and many changes to Apple and Google,” Ives said. “AI monetization has begun with his Nvidia and Microsoft, and we believe we are seeing the beginning of a new tech bull market starting in the summer of 2023.”

Source: www.theguardian.com

Experts Uncover the Key to Student Success in Education

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Research by the University of South Australia and its partners shows that increasing student engagement with complex learning tasks significantly improves critical thinking and problem-solving skills. This study suggests that teachers should focus on deep learning techniques to improve student outcomes.

High engagement, high returns. This is advice from education experts at the University of South Australia for teachers looking to improve student performance.

In a new study conducted in partnership with
flinders university
 Researchers from the Melbourne School of Education found that fewer than a third of teachers engage students in complex learning, limiting students’ opportunities to develop critical thinking and solve problems. Did.

Researchers who filmed and assessed classroom content in South Australia and Victoria found that nearly 70% of student assignments consisted of simple questions and answers and notes, rather than activities that engaged students on a deeper level. I found that it is related to superficial learning such as taking things and listening to the teacher.

Emphasis on deep learning

UniSA researcher Dr Helen Stevenson said teachers needed more support to plan interactive and constructive lessons that foster deep learning.

“When it comes to learning, the greater the engagement, the deeper the learning. But too often, students are not very active and do passive work,” says Dr. Stevenson. Masu

“Our research suggests that about 70% of classroom content may be ‘passive’ (students have little observable input), or doing something simple like answering questions on a fact sheet. was considered to be “active”. While there is certainly a place for such tasks in the classroom, student learning is greatly enhanced when students spend more time doing complex activities that promote deep conceptual learning. Deep learning requires organizing knowledge into conceptual structures, which has been shown to improve information retention and improve learning outcomes. Deep learning also supports the knowledge needed for innovation. Making small changes to teachers’ existing lesson plans and instruction can significantly increase student engagement, which in turn improves overall outcomes. ”

She continues: “At a basic level, teachers need to consider how they can adjust existing classroom activities to place more tasks deeper into the learning scale. For example, suppose you watch a video. . Students can watch the video silently (this is “passive”). Watch the video and take notes using the presenter’s words (this is considered “active”). Write any questions that arise while watching the video (this is “constructive”). Or watch the video and discuss it with other students to generate different ideas (this is ‘interactive’). Interactive classroom engagement involves students participating in activities with other students and receiving stimulation that fosters deeper understanding. They make judgments, propose and criticize arguments and opinions, and come up with solutions to problems. These activities also help develop critical thinking and reasoning skills. All of these are predictive of learning gains. ”

Survey results regarding teacher awareness

Interestingly, one of the study’s key findings is that many teachers do not recognize or fully appreciate the importance of how classroom assignments can stimulate different modes of student participation. It seems like it hasn’t.

“Simply changing class activities from ‘active’ to ‘constructive’ can go a long way in improving student learning,” says Dr. Stevenson.

“Teachers should be supported to engage in professional development to shift their thinking to practices that support deeper learning and better outcomes for students.”

References: “Using the Extended ICAP-Based Coding Guide as a Framework for Analyzing Classroom Observations,” by Stella Vosniadou, Michael J. Lawson, Erin Bodner, Helen Stephenson, David Jeffries, and I Gusti Ngurah Darmawan; April 13, 2023 Education and teacher education.
DOI: 10.1016/j.tate.2023.104133

This research was funded by the Australian Research Council.

Source: scitechdaily.com

Experts in the crypto industry foresee positive trend and possibility of Bitcoin surge in 2024 – Updates on blockchain, viewpoints, and employment opportunities

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In the dynamic world of cryptocurrencies, industry leaders are optimistic about the beginning of a new bullish phase, with hopes rising for Bitcoin to reach an all-time high of over $100,000 in 2024.

Bitcoin has experienced an impressive rally of over 120% this year alone, and many enthusiasts believe this upward momentum will continue into next year.

Last week, Bitcoin ended around $37,450. Markets have experienced considerable volatility this week in the wake of the US Department of Justice’s settlement with Binance, the world’s largest cryptocurrency exchange. The announcement of the settlement and the resignation of Binance’s CEO caused the market to briefly decline, with BTC trading at $35,700 at one point. The negative sentiment was quickly followed by positive news, such as Binance not facing further regulatory action, contributing to a newfound stability in the market.

The start of the new week was marked by BTC trading at a price of $40.665. This year’s highest price has been updated.

2023 looks like it will be the year we prepare for the upcoming bull market. 2024 and 2025 are highly anticipated.

Despite the crypto industry facing challenges such as coin crashes, project failures, bankruptcies, and criminal trials, recent high-profile cases involving exchanges like FTX and Binance have It is seen by some as a turning point. Some industry players believe that the speculative phase is nearing an end, allowing a transition to constructive development and problem-solving in the cryptocurrency space.

The speculative phase appears to be over, leaving room for actual builders to focus on technology and problem-solving.

Attention now turns to positive developments. First, there is excitement about the potential approval of a Bitcoin exchange-traded fund (ETF). If approved, it could attract larger traditional investors and could be an important milestone in Bitcoin’s mainstream adoption.

The second notable development is the Bitcoin halving scheduled for May 2024. This event occurs every four years and cuts the rewards to miners in half, thereby limiting the supply of Bitcoin. Historically, this has been the catalyst for new rallies in the crypto market.

Investors are closely monitoring these developments, with particular focus on potential ETF approval and the upcoming halving. Mateo Greco, Research Analyst, Listed Digital Assets and FinTech Investment Business Finekia International (CSE:FNQ) pointed out:

“Approval of a US-based Bitcoin Spot ETF is not only likely to bring in capital inflows, but also inject significant liquidity into the market, fostering more stable prices, and opening the doors to digital asset exchanges and digital assets. It has the potential to facilitate more advantageous trading in both financial products that incorporate the ”

Bold predictions for Bitcoin in 2024 have already surfaced, with various ETF endorsements predicting that Bitcoin could reach $100,000 by the end of 2024. This represents a significant 160% increase from the current price.

Moreover, Matrixport, a cryptocurrency financial services company expects the price to reach $63,140 by April 2024 and a whopping $125,000 by the end of next year. Their report highlights factors such as an expected drop in inflation and a possible interest rate cut by the Federal Reserve as factors that could push Bitcoin to new all-time highs in 2024.

As the cryptocurrency landscape evolves, industry leaders and investors alike are looking forward to a transformative year full of potential milestones and new heights for Bitcoin.

Source: the-blockchain.com