Yes, you can delete your Binance account and create a new one using the same ID, but there are some things to consider:
1. **Delete existing account**: You must first delete your current account. The account deletion process may take some time, and you must ensure that there are no funds or pending transactions in the account before starting the deletion process.
2. **Contact Binance Support**: It is recommended to contact Binance Support to inform them of your desire to delete the account and create a new account with the same identity. This can help make the process easier and prevent any potential problems with identification.
3. **Waiting Period**: There may be a waiting period before you can use the same ID card to create a new account. This period can vary based on Binance policies.
4. **Re-verify your identity**: When you create the new account, you will need to complete the identity verification (KYC) process again using your ID card.
It is always best to verify specific details by directly contacting Binance Support to ensure the correct policies and procedures are followed.
Does SpaceX's IPO represent a boost or pressure on Bitcoin's price?
After SpaceX's official listing on the stock exchange with a valuation close to $2 trillion, the debate has reignited regarding the impact of this move on the crypto market, especially since the company still holds Bitcoin on its balance sheet. When asked about the potential impact of the IPO, the AI models 'Gemini' and 'ChatGPT' both agreed that the short-term picture differs from the long-term outlook.
Is Bitcoin's price heading towards $43,000? A key indicator reveals the current critical support levels.
Is Bitcoin's price heading towards $43,000? A key indicator reveals the current critical support levels. Bitcoin has reclaimed some of its losses after a sharp drop that pushed it from around $74,000 at the beginning of June to a low of $59,000, before bouncing back above the $63,000 level. Renowned analyst 'Ali Martinez' believes that the 'MVRV Pricing Bands' indicator currently identifies the key support zones for Bitcoin, with the first support near $53,900, while the historical capitulation zone is around $43,130, which has previously been linked to major bottoms.
Company "Metaplanet" Acquires Brokerage to Launch Bitcoin-Linked Investment Products
"Metaplanet", the third largest publicly listed company holding Bitcoin on its balance sheet, has announced its agreement to acquire licensed Japanese firm "Siiibo Securities". This move aims to expand its presence in the financial services sector linked to cryptocurrencies.
The deal is expected to be finalized by July, with plans to rebrand the company as "Metaplanet Securities", as confirmed by CEO Simon Gerovitch.
Gerovitch clarified that this acquisition represents the company's first major buy and the initial steps of "Project Nova", which aims to build a financial ecosystem centered around Bitcoin in Japan.
Currently, "Metaplanet" holds 40,177 Bitcoins, making it the largest Asian company owning the digital asset and the third largest globally in terms of Bitcoin reserves.
The company sees a significant opportunity in the Japanese market, where individuals hold cash assets and low-yield savings estimated at around $7.4 trillion.
Through this new acquisition, "Metaplanet" plans to develop and distribute investment products that yield returns linked to Bitcoin for Japanese investors.
The company's stock reacted positively to the news, rising over 3.6% following the announcement, despite a continued decline of about 32% over the past month impacted by falling Bitcoin prices.
Michael Saylor Clarifies His Position on His Company's Bitcoin Sale
The sale by 'Strategic' of their Bitcoin holdings triggered a panic felt by every crypto trader as the price of Bitcoin plummeted sharply, dropping below the $60K level for the first time in months before bouncing back to its current level of $63K. Michael Saylor, CEO of 'Strategic', defended the company's decision to sell part of their Bitcoin stash amid a wave of criticism linking the move to the recent dip in the coin's price.
Miner profits plummet, pushing the Bitcoin network towards its largest difficulty adjustment since 2021
The Bitcoin network is gearing up for one of its biggest mining difficulty reductions in history, as the recent price drop has diminished profitability for many mining operations.
According to a report from 'Galaxy Research', mining difficulty is expected to decrease by around 10.3% during the upcoming adjustment on June 13, following the exit of some computational power from the network due to increasing financial pressures on miners.
This decline reflects Bitcoin's self-balancing mechanism, where price drops reduce mining activity, prompting the network to automatically lower difficulty levels to maintain average block production.
This adjustment will rank among the largest historical declines, coming at a time when Bitcoin is still trading near $62,800 despite losses exceeding 15% since the start of the month.
Analysts have warned that if the current support level around $62,000 fails, attention may shift to deeper support zones ranging from $25,500 to $31,500 in the long term.
Cryptocurrencies Become a Significant Electoral Issue in the United States
Cryptocurrencies have become an integral part of the electoral race in the United States, as evidenced by candidates who are outlining specific provisions in their platforms to regulate and clarify the legal status of digital currencies. Recently, a survey conducted by The Harris Poll for Digital Currency Group (DCG) revealed that American voters are increasingly demanding a clear regulatory framework for the crypto industry, indicating the growing importance of this issue within the American political landscape.
Three Major Hurdles Delaying the Passage of the U.S. CLARITY Act for Cryptos: Find Out More
In a recent statement, Mike Novogratz, CEO of Galaxy Digital, confirmed that the fate of the CLARITY Act, which regulates the crypto sector in the United States, is now tied to resolving a few key outstanding issues, noting that the next few weeks will be critical for the future of the legislation. The American billionaire mentioned that he personally headed to Washington for a series of intensive meetings with Congress members and decision-makers, trying to push the law to the final stages before the summer break for Congress.
Is Bitcoin Cheap Now? Grayscale Sees Buying Opportunity Despite Ongoing Risks
The dip in Bitcoin's price below $60,000 for a brief period has sparked a new wave of questions among investors about whether the coin has once again entered the attractive buy zone. Grayscale Research sees Bitcoin as currently undervalued based on several indicators derived from blockchain data. However, they point out that current market conditions still differ from the historical bottoms seen during past crises, especially following the FTX collapse in 2022.
Three Major Japanese Banks Collaborate to Launch Yen-Backed Stablecoin by 2026JAPAN
The momentum for stablecoins is ongoing, and every day we hear about new adoption, whether from institutions or government entities. Recently, the three largest banks in Japan announced their readiness to launch a stablecoin backed by the Japanese yen by the end of the fiscal year 2026, according to a report by Nikkei published on June 9.
Discover the story of 'Arthur Hayes' from a laid-off employee to a billionaire in the crypto market.
Who is Arthur Hayes? Born in 1985 in Detroit, USA. Graduated from the Wharton School at the University of Pennsylvania in 2008. Worked at Deutsche Bank and Citibank as a market maker for ETFs in Hong Kong. Got laid off in 2013, which was a major turning point in his life. ₿ The start of his journey with Bitcoin: Dove into the crypto world through arbitrage opportunities.
Zcash jumps 10% after the launch of the most important upgrade in the network's history
The cryptocurrency Zcash (ZEC) saw a surge of over 10% in the past 24 hours, trading close to the $426 level, fueled by the launch of a tech upgrade touted as the most significant in the network's history. The gains came after days of a severe security vulnerability discovery that threatened one of the project's key privacy components, prompting developers to roll out a series of emergency updates to maintain network integrity.
Emerging altcoin jumps 80% in a single day as Bitcoin regains $64,000 level
The crypto market has seen a fresh wave of recovery over the past few hours, fueled by positive geopolitical developments. Bitcoin's price surged to over $64,000, while a budding altcoin stole the spotlight with a daily gain exceeding 80%. Bitcoin price keeps recovering: After a week of violent volatility and strong sell pressure, Bitcoin managed to reclaim a significant portion of its losses.
Bitcoin price approaches the $63K level while Ripple regains important support levels
: details Bitcoin continues to try to recover after the massive drop and is testing the $59K level, bouncing back to trade at $62,500 at the time of writing. The same goes for altcoins, where most have recorded positive gains with varying degrees. Bitcoin bounce: Bitcoin has gone through one of its toughest trading periods lately, starting the week near $73K before facing relentless sell pressure that pushed the price below $70K and then down to around $65K.
Forgotten Bitcoin from 2011 Comes Back to Life: Sudden Movement Ignites Controversy Over $293 Billion Lawsuit
The unexpected movement of a Bitcoin wallet that had been dormant since 2011 has sparked a new wave of speculation within the crypto community, especially since it coincided with one of the most controversial legal cases in Bitcoin's history. After more than 15 years of inactivity, 47.26 Bitcoin has been moved from an address that hasn't seen any action since the early days of the network, reigniting interest in a legal case aiming to reclaim millions of lost digital coins.
Is the Ethereum founder cashing out his stake? $121 million worth of ETH transfer raises questions?
A massive transfer of Ethereum has sparked widespread debate in the crypto community, after blockchain tracking platforms detected the transfer of 80,001 ETH worth nearly $121.6 million from a wallet linked to 'Joseph Lubin', one of the co-founders of the Ethereum network. This move comes at a time when Ethereum is facing strong sell pressure amid a broad market downturn, leading some to wonder if 'Lubin' is getting ready to offload part of his holdings.
The largest U.S. banks are preparing to launch a digital tokenized deposit network by 2027
Major banking institutions in the United States are gearing up to launch a new network for Tokenized Deposits in the first half of 2027, a move that could represent a significant shift in the relationship between the traditional financial system and blockchain technologies. According to a report published by the Wall Street Journal, the project is led by The Clearing House, a company specializing in real-time payment systems, jointly owned by some of the largest U.S. banks, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo.
Investigator "ZachXBT" Warns Against "RAIN" Project, Says: Stay Away at All Costs
ZachXBT, the well-known blockchain transaction sleuth, has issued a serious warning regarding the Rain Protocol (RAIN) project, urging investors to steer clear of it after investigations revealed concerning indicators related to the project's financial activities and trading nature in the markets. This warning comes despite the project boasting a massive market cap estimated at around $8.8 billion, placing it among the largest crypto projects by market capitalization.