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Dramatic Falling Values Of Cryptocurrency; Rise In U.S. Interest Rates; Pros And Cons Of Wearable Technology.

CARL AZUZ, CNN 10 ANCHOR: Falling and rising monetary measures kick off a new week of our coverage. I`m Carl Azuz. Welcome to the show. Crypto is

what`s been going down. Digital currencies or cryptocurrencies are not doing well right now. We`ve told you before how these forms of money are volatile.

volatile [ˋvɑlət!] adj. 易变的；反复无常的

They`re historically valuable one day and worth a lot less the next, and a great example of that is Bitcoin. It`s the most famous and most valuable

crypto currency. Last November, one Bitcoin was worth $68,000. Last night, one Bitcoin was worth less than $36,000. It`s lost almost half its value in

two months. It`s not the only form of crypto, there are thousands of them but Ethereum, the second most valuable digital currency has also lost

almost 50 percent of its value since November.

Others, in general, have dropped as well. So what`s causing this, a couple things. One because of their volatility, cryptocurrencies are considered

risky assets. They lose a lot of their value when inflation is high like it is now. So many investors are avoiding putting money into crypto because

they want safer bets. Also, crypto isn`t centralized. It`s not managed or controlled by a bank or a government.

Supporters of these currencies like that, they`d rather rely on a network of computers to determine crypto`s value. But some governments see it as a

threat to their own economies because they have less control over it. So China, for instance, has banned people from trading crypto currencies or

mining for them, and even though Russia is a hugely popular place for mining crypto using computers to validate new currency.
 

validate [ˋvælə͵det] v. 使有效；使生效

Its central bank has also proposed a ban on it and India`s government is looking at ways to regulate these currencies. So all of this can drive down

the value of crypto. Will it stay down? No one knows. Even though Bitcoin is valued at less than $36,000 now, American investment bank Goldman Sachs

thinks it will soar to over $100,000 sometime over the next five years. But the actions of investors, economies and governments can all influence its

value.

Now something that might be going up are interest rates. Why is that of interest? Well if you can`t pay the full cost of a car or a house all at

once, you borrow money. You take out a loan to make up the difference. A higher interest rate on your loan means you`ll have to pay back more money

over time. So if it costs people more to borrow, why might America`s central bank want to raise interest rates because that could help control

inflation. The rise in prices that the U.S. saw last year was seven percent over what it was the year before.

That`s America`s highest inflation in decades. If the Federal Reserve raises interest rates, fewer people are likely to borrow money and that can

slow down the economy and help bring down inflation. It`s a mixed bag for homebuyers. Many will be looking to borrow less money if they have to pay
 

mixed bag 大杂烩，混合体

it back at a higher interest rate. But if this means fewer people are shopping for a home, it could leave more homes to choose from.

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UNIDENTIFIED MALE: Stu, hey man welcome.

UNIDENTIFIED FEMALE: Stu Kozlowski is on the hunt again.

UNIDENTIFIED MALE: Here we have two bedrooms, two and a half bath.

UNIDENTIFIED FEMALE: He`s looking for a home in Los Angeles. Besides worrying about square footage, there`s low inventories, sky high prices and

bidding wars and now rising mortgage rates.
 

mortgage [ˋmɔrgɪdʒ] n. 抵押借款

STU KOZLOWSKI, LOS ANGELES HOMEBUYER: There`s almost a point higher than they were when I made that offer and got under escrow. So that`s a
 

escrow [ˋɛskro] n. 附带条件委付盖印契约

significant jump.

UNIDENTIFIED FEMALE: This week a 30 year fixed rate loan is 3.56 percent. Back up to pre-pandemic levels, on the medium home price of $350,000

Americans can expect to spend $120 more on average excluding taxes and insurance than they did a year ago.
 

exclude [ɪkˋsklud] v. 不包括

KOZLOWSKI: I think that affects the kind of homes I look at, that affects the neighborhoods I look at, that affects the, kind of, things I`m willing

to go and have conviction about that maybe I didn`t a month ago or a week ago.
 

conviction [kənˋvɪkʃən] n. 确信，信念

UNIDENTIFIED FEMALE: Mortgage rates are going up in anticipation of higher interest rates, which the Federal Reserve said would happen this year. In

just the last month, a 30-year mortgage rose by a half a point.

JOE REICHLING, REALTOR, COMPASS: Every half point that mortgage rates rise, I think that definitely has an impact on what buyers are willing to do, how

far they`re willing to stretch on home purchase.

UNIDENTIFIED FEMALE: Rising rates will affect homebuyers in pricier coastal cities, where they`re more often right on the cusp of qualifying for a home mortgage.
 

cusp [kʌsp] n. 尖端

qualify [ˋkwɑlə͵faɪ] v. 具備合格條件

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AZUZ: 10 Second Trivia. Which of these sports is the oldest? Marathon, Polo, Hurling or Ice Hockey. The lacrosse like game of hurling is the
 

Polo [ˋpolo] n. 马球

Hurling [ˋhɝlɪŋ] n. 板棍球; 爱尔兰曲棍球

lacrosse [ləˋkrɔs] n. 长曲棍球

oldest on this list, dating back to the 13th century B.C.

Wearable technology, or computerized clothing offers tremendous amounts of info about athletic performance but a lot of it is relatively expensive.

There are concerns about how long it will last and about what happens if a competing team were to get a trove of sensitive data about the team using it.
 

trove [trov] n. 贵重的发现物

When it comes to the Teslasuit, which is not related to the Tesla Car Company, the $20,000 price that one recently sold for is out of reach for
 

out of reach 力所不及的

many. Wearable tech can`t provide the hard-work, ability, or talent it takes to succeed and it can`t measure heart. How hard athletes are willing

to push themselves beyond tired?

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UNIDENTIFIED FEMALE: When in a match should I be exerting the most effort? How can I maximize my launch off the starting blocks? Which player is flagging
 

exert [ɪgˋzɝt] v. 用（力），尽（力）

starting block【体】起跑器

flagging [ˋflægɪŋ] adj. 下垂的；衰弱的

and needs to be substituted? These are the questions that players and coaches are asking themselves everyday and thanks to the data

revolution in elite sports. The answers could soon be right at their fingertips.

SIMON BARBOUR, PERFORMANCE ANALYST LEAD, LOUGHBROUGH UNIVERSITY: In terms of the scale of use it`s wearable technology. Every elite sportsman,

sportsperson and sports teams use wearable technology because it can be the difference between winning and losing. The margins are so small. The key

thing is it`s so fast evolving and that so many people and so many athletes are now using wearable technology. People are seriously disadvantaged by
 

evolving 进化的

disadvantage [͵dɪsədˋvæntɪdʒ] v. 使处于不利地位

not being part of that -- this revolution technologies.

UNIDENTIFIED FEMALE: With firms like Statsports and Catapult leading the charge, sports technology will soon be a $40 billion industry with the
 

lead the charge 带头冲锋

wearables and data collection sector worth around $8 billion. And as the tech advances, the growth is showing no signs of fatigue.

PAUL NIKEAS, VICE-PRESIDENT, TESLASUIT: We work with 80 percent of the EPL today. We`ve worked with every NFL team here in the U.S. 60 percent of the

Bundesliga at this point. So, you know, some 3,400 elite teams across the globe Catapult plays a -- in a big part of their daily workflows today.

For many years I think what wearables was going was really creating, sort of, the objective data of what`s happening on the grounds. How do I

measure, really, the exertion level of an athlete? Just descriptive data, but that evolution has really started to, you know, really change now with
 

exertion [ɪgˋzɝʃən] n. 努力；费力

descriptive [dɪˋskrɪptɪv] adj.（学科）描写性的，描述性的

more predictive, you know, algorithms, and ideally over time to prescriptive outlook.
 

prescriptive [prɪˋskrɪptɪv] adj. 规定的；【律】因时效而获得的

outlook [ˋaʊt͵lʊk] n. 展望，前景

UNIDENTIFIED FEMALE: So what will that transition from descriptive to prescriptive analysis actually look like? One piece of tech is already

emerging, from British based company Teslasuit who have developed a full body, haptic training suit that provides touch and forced feedback to train
 

haptic 与触觉相关的

and develop an athlete’s muscle memory.

UNIDENTIFIED MALE: If you look at the haptics and because we do cover 95 percent of the muscle mass, we`re able to help correct any position that

changes within an understanding of -- of a fixed training parameter, for example. So golf is a great example. How to perfect the perfect golf swing?
 

parameter [pəˋræmətɚ] n.【物】参（变）数

perfect [ˋpɝfɪkt] v. 使完美；做完

What we can do by haptic notifications is you -- you would have that sensation on -- on your arm and your shoulder and across your chest. And
 

notification [͵notəfəˋkeʃən] n. 通知

then when you were in the -- the right position, those sensations would stop. So you, kind of, get a guide of how to go back to perfect that

perfect swing.

UNIDENTIFIED FEMALE: From F1 to karate to tennis, Teslasuit is already working in a diverse array of sports, to improve the skills needed for a
 

karate [kəˋrɑtɪ] n. 空手道（一种徒手武术）

competitive edge.

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AZUZ: Millie the rescue dog recently needed rescuing herself. She`d slipped out of her collar, runaway and gotten trapped in southern England`s mudflats
 

mudflat [ˋmʌdflæt] n. 淤泥滩

which can flood when the tide is high. Millie was there for two days and volunteers’ efforts to fetch her only scared her farther away, but then
 

fetch [fɛtʃ] v.（猎狗）取回猎物; 接……去

someone had an idea. Why not tie a piece of sausage to a string, attach it to a drone and use that to try to lure Millie to safety? Amazingly it

worked.

I never saw such an idea like that. Some might have smelled a rat. Some might have "howled", there`s no (Inaudible), you can`t "retrieve" your lost

dog with nothing but a "hot dog" and some "dogged" deep determination, but use imagination. Just make a "lure" that`s cooked up, hooked up, processed

and cured.

What might seem a "boondoggle" fit for a "hound traverse" down some ground and turn lost to found. I`m Carl Azuz for CNN 10. We`ve got Mission Hills

High School watching today. Thank you for viewing our show from San Marcos, California and for your comments on our You Tube channel.

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