Lookonchain APP

App Store

Non-Farm Payrolls Preview: U.S. January Non-Farm Data to Show Modest Growth, But Job Market 'Hot on Paper, Lukewarm in Reality'

2 hours ago

**February 11** U.S. January nonfarm payroll growth may have edged up slightly, supported by fewer layoffs in seasonal industries. However, hiring was held back by ongoing import tariff uncertainty and stricter immigration enforcement limiting labor supply, keeping the overall labor market subdued. Despite solid economic growth, the labor market remains soft. “Labor market pressure could be greater than the headline unemployment rate indicates,” said Diane Swonk, chief economist at KPMG. “Wages are cooling, it’s harder to find work after being unemployed, and recent graduates are facing tougher job searches too. Even with strong on-paper economic data, the labor market is still quite rigid in reality.”
Relevant content

Paxos Teams Up with Aleo to Launch Privacy-First Stablecoin USAD

On February 11, crypto outlet The Block reported that Paxos Labs has partnered with Aleo—a privacy-centric Layer 1 blockchain—to launch USAD, a native privacy-preserving stablecoin built on Aleo’s zero-knowledge (ZK) technology. The move aligns with growing institutional interest in privacy solutions, as businesses seek to leverage blockchain assets without exposing transaction details. Notably, Circle previously tapped Aleo to pilot USDCx, its privacy-enhanced iteration of stablecoin USDC.

3 minutes ago

UNI Short-Term Breaks $4.5, Surges Over 24% in 24 Hours

On February 11, per HTX market data, UNI briefly broke above $4.5 and is currently trading at $4.18, gaining more than 24% over the past 24 hours. Earlier reports indicate Uniswap Labs has partnered with Securitize to provide liquidity support for BUIDL, a project by Belldex. Following Belldex’s announcement that it will deploy BUIDL on decentralized finance (DeFi) platform Uniswap, the firm stated it intends to purchase Uniswap’s UNI token but did not publicly disclose the exact purchase amount.

3 minutes ago

A user paid a $125,700 Gas Fee for a single transaction

Per LookOnChain’s monitoring, a user shelled out 64.09 ETH (≈$12,570) in Gas fees for a single transaction on February 11.

3 minutes ago

BlackRock discloses intent to purchase Uniswap's UNI token, specific amount undisclosed at this time

On February 11, asset management giant BlackRock announced that following the deployment of BUIDL on decentralized finance (DeFi) platform Uniswap, it plans to acquire Uniswap’s UNI token—though the specific purchase amount was not disclosed. Analysts noted the early-stage impact of Uniswap integrating BUIDL may be limited, as the protocol involves Securitize creating a whitelist for institutions to participate in DeFi trading. BlackRock will also add market makers (including long-time crypto liquidity provider Wintermute) to the whitelist to facilitate trading. Additionally, access to BUIDL is restricted to eligible purchasers: individuals or entities with $5 million or more in assets.

3 minutes ago

Bitcoin Bounces Above $68,000

On February 11, per HTX market data, Bitcoin rebounded to break above $68,000, posting a 1.5% 24-hour decline.

3 minutes ago

Strike Founder: Buy Bitcoin on Dips, Now is a Good Time to Start DCA

On February 11, Strike founder Jack Mallers posted a message stating: "Bitcoin isn’t a software company. It trades like a software stock because many holders don’t truly understand it. This recent pullback has been painful, but it may be in the process of liquidating those leveraged 'software capital' positions—letting Bitcoin finally be priced and traded based on its 'hard money' properties. Stay the course. Buy the dip (BTFD). No one knows where the price will go, but historical data shows: if you believe Bitcoin won’t go to zero, now’s a good time to start dollar-cost averaging."

3 minutes ago