BNB Now Live on Kraken: Price Soars Past $600 Amid Bullish

BNB (Binance Coin) is now available for trading on Kraken! As of 15:00 UTC, users can fund and trade BNB on the platform. This listing comes at a time when BNB is experiencing significant bullish momentum, with its price recently breaking above the $600 mark.​

Analysts are optimistic about BNB's trajectory, noting that the recent breakout above $600 suggests a potential path toward the next major resistance levels, located around $650. If BNB manages to clear this hurdle, the next targets lie at $724, which is its previous peak, followed by $798 and $924, based on the 1.272 and 1.618 Fibonacci extension levels .​

The current uptrend and the broader market’s recovery have led analysts to predict that BNB could be gearing up for a new all time high. The psychological $1,000 mark is a key milestone that many investors are eyeing.

Binance Wallet Relaunch Delayed, Prioritizing Quality

Binance Wallet has announced a delay in the rollout of its updated platform, including its $5M Airdrop Carnival, the need for further technical refinements. The team emphasized its commitment to delivering a secure, high performance experience rather than rushing to meet deadlines.

The relaunch will feature a Unified Wallet for cross chain management, an Airdrop Zone, and a Reward Center all designed to simplify Web3 access. While no new launch date has been set, Binance assured users that updates are coming.

Community reactions were mixed but largely supportive, with many appreciating the transparency and focus on long term reliability. Binance closed the update by thanking users for their patience and reaffirming its mission to bridge CeFi and DeFi with a seamless Web3 experience.

John Balding (John Crypto Enthusiast)