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.
Binance bots can be a useful tool for beginners in trading, but success depends on several factors. Here are some important points:
1. **Ease of use**: Some bots are easy to use and provide intuitive interfaces, making them suitable for beginners.
2. **Ready-made strategies**: Some bots offer ready-made strategies that can be used without the need for advanced trading knowledge.
3. **Control risks**: Bots enable you to set limits for losses and take profits, which helps in managing risks.
4. **Performance**: The performance of the bot depends on the settings you choose and the market condition. There is no permanent guarantee of profits.
It is important to try out the bots with a demo account or with small amounts before committing to large amounts. Always check reviews and use reliable sources to ensure you choose a suitable and safe bot. $BTC $SOL $BNB
Alternative cryptocurrencies benefit from Bitcoin's success according to one analyst.
Bitcoin supporter Pierre Rochard sparked new controversy within the cryptocurrency community after his sharp attack on alternative coins, considering that they ride the Bitcoin wave and that U.S. federal policies should focus solely on Bitcoin.
His statements came amid Bitcoin's drop below $75,000 amidst a wide selling wave linked to economic pressures and regulatory uncertainty in Washington.
Bitcoin's price rebounded above $77,000, and pessimism still prevails among analysts.
The cryptocurrency market witnessed a new wave of consecutive selling in the past 24 hours, driving Bitcoin's price down quickly towards $74,000 before rebounding and trading above $77,000.
Despite this momentary recovery, the currency remains down about 12% over the week, amid increasing signs—according to analysts—that the market may head toward a deeper drop and a cycle low below previous estimates.
The company "Bitmine" invested in Ethereum incurs unrealized losses exceeding $6.9 billion 📉💸
The company “Bitmine”, led by “Tom Lee”, co-founder of “Fundstrat”, faces unrealized losses approaching $6.9 billion on its Ethereum holdings, after the value of its investment dropped from about $15.7 billion to nearly $9.2 billion, according to “Dropstab”. 📉💰
These losses come amid a sharp decline in the cryptocurrency market that has wiped out nearly $500 billion in market capitalization, with Ethereum trading near its lowest levels in seven months. 📉💔
This coincided with liquidations of long positions on Ethereum exceeding $485 million in a single day, according to “CryptoQuant”. 📉😱
Cryptocurrencies suffered losses of 500 billion dollars, while gold and silver prices saw a decline of 10 trillion dollars
10 trillion in days The correction wave in the cryptocurrency market continued, as Bitcoin fell below 75 thousand dollars for the first time in nearly a year, while Ethereum dropped below 2200 dollars.
Crypto losses:
Just a few days ago, the price of Bitcoin was over 90 thousand dollars, but it failed to maintain momentum after the Federal Reserve (FOMC) meeting and rising geopolitical tensions.
Severe losses shake the cryptocurrency market: $200 billion evaporated and Bitcoin tests the $75,000 level The color red has dominated the crypto market.
Bitcoin leads the current downward wave after losing the support level above $80,000, dropping to $77,000 before slightly rebounding and trading at $78,000 at the time of publishing this article.
As usual, alternative currencies could not break free from Bitcoin's shadow and followed its decline, but the drop in these alternative currencies varied in terms of percentages.
Ethereum's price fell from about $2,800 to $2,250, while XRP dropped to $1.50, marking its lowest level in 14 months.
Several other currencies also recorded double-digit declines at the peak of the sell-off before achieving limited rebounds in the following hours.
On a 24-hour scale, the picture appears very negative:
SOL's price declined by about 9% and XMR by about 10%, while LTC, SUI, LINK, and DOGE dropped by approximately 5%.
In contrast, RAIN, HYPE, and CC were among the few exceptions among the largest market cap currencies.
Analyst Brandt: $58,000 may be the next stop for Bitcoin.
Veteran trader Peter Brandt warned that the current Bitcoin correction is not over yet, indicating that the recent downturn could pave the way for further declines.
After the sharp market drop on January 31 that pushed Bitcoin to nearly $77,000, Brandt posted on platform X his bearish target, stating that the next destination is 'Street 58', referring to a level close to $58,000, and added sarcastically:
Here are the top losing alternative currencies over the past 24 hours coinciding with the sharp market downturn 📉💔 #Currencies
The cryptocurrency market experienced a sharp decline over the last 24 hours, reflected in the prices of most alternative cryptocurrencies.
As a result, the total market capitalization dropped from about 3.05 to 2.88 trillion dollars (a loss of nearly 200 billion dollars), with liquidations in the derivatives market approaching 2 billion dollars.
While the market as a whole retreated, some of the most affected alternative currencies were as follows:
Is Bitcoin expected to experience a repeat of the severe bear market scenario that occurred in 2014 by
Although Bitcoin's performance in the current bear market seems better than in previous cycles, analysts warn that a deeper decline may occur later in 2026.
So far, the price of Bitcoin has dropped by about 32% from its all-time high of over $126,000 recorded in early October 2025.
In contrast, the losses at the same stage in previous cycles were larger, ranging between 43% and 66% during the years 2014, 2018, and 2022, reflecting that this decline has been less severe so far.
Hyperliquid (HYPE) stock soars to its highest level in two months, and Bitcoin (BTC) reaches $89,000
The value of HYPE shares increased by 60% in the past few days
The gradual recovery of the Bitcoin price led the asset to reach $89500 a few hours ago, where it faced some resistance and is now stabilizing at around $89000.
While most alternative currencies with larger market capitalizations gained in the last 24 hours, the same trading period returns to the HYPE currency of Hyperliquid, which rose another 25% to reach its highest level in several months.
CZ says that the buy-and-hold strategy is not suitable for every cryptocurrency after negative reactions from
Former Binance CEO Changpeng "CZ" Zhao defended his long-standing position on buy-and-hold after critics accused him of misleading individual traders and promoting harmful behaviors in the market.
This advice sparked intense debate, indicating that the words of the cryptocurrency entrepreneur still influence sentiment and attract scrutiny, even without an official role at Binance.
Statements about the buy-and-hold strategy provoke violent reactions and call for clarifications
Zhao's recent comments came after a previous post on January 25 where he stated that few trading strategies outperform the buy-and-hold strategy, adding that this is his personal approach, emphasizing that it is not financial advice.
The message elicited negative reactions from users who argued that comprehensive buy-and-hold messages ignore the high failure rate of cryptocurrency projects.
ARK Invest expects in its report "Big Ideas 2026" that the total market capitalization of major cryptocurrencies and smart contract networks will reach around $28 trillion by 2030, with a compound annual growth rate of approximately 61% until the end of the decade.
The company's estimates suggest that Bitcoin could capture about 70% of this market, while the remaining share will primarily go to smart contract networks like Ethereum and Solana.
According to ARK's estimates, the market capitalization of Bitcoin could increase at a compound annual growth rate of approximately 63%, rising from around $2 trillion to about $16 trillion by 2030.
As for smart contract platforms, ARK expects their growth at an annual rate of 54% to reach about $6 trillion, supported by estimated annual revenues of $192 billion at an average fee rate of 0.75%, with the possibility that two to three Layer 1 platforms will dominate the bulk of this market.
The report highlighted the acceleration of institutional adoption, estimating that Bitcoin exchange-traded funds (ETFs) and public companies owned about 12% of the supply in 2025, compared to 8.7% previously.
Current data indicates that the XRP and ADA currencies are currently rated lower than Bitcoin.
Bitcoin has faced significant pressure over the weekend, leading to a decline in overall sentiment and a return of several digital assets to levels considered below their fair value.
Recent data shows that both Ripple (XRP) and Cardano (ADA) are experiencing a significantly lower valuation compared to Bitcoin.
According to the "Santiment" platform, the Market Value to Realized Value (MVRV) indicator over a 30-day period is used to assess the risks associated with entering or increasing investment positions.
Negative values for this indicator suggest that the average traders are currently incurring losses, which may indicate lower-risk buying opportunities. The more negative the value, the more attractive the entry from a risk perspective.
In the latest reading, XRP recorded a rate of -5.7%, placing it among the lowest-rated assets, significantly lower than Bitcoin, which recorded -3.7%.
A recommended supplication during this period on the occasion of gold and silver...
The Prophet, peace be upon him, said:
(If you see people hoarding gold and silver; hoard these
words: O Allah, I ask You for steadfastness in the matter, determination towards guidance, and I ask You for the causes of Your mercy, and the resolutions of Your forgiveness,
and I ask You for gratitude for Your blessings, and for good worship of You, and I ask You for a sound heart, and a truthful tongue,
and I ask You for the best of what You know, and I seek refuge in You from the evil of what You know, and I seek Your forgiveness for what You know; Indeed, You are the All-Knower of the unseen.)
Losses for Bitcoin holders for the first time in over two years and early signals of a bear market
: details A weekly report from 'CryptoQuant' indicated that Bitcoin holders have started to record realized losses for the first time in a long while, a notable shift that may coincide with the beginnings of a broad bearish cycle in the crypto market.
According to the report, the realized net losses since December 23 amounted to about 69,000 Bitcoin over 30 days, marking the first time that profit dynamics turned negative during a monthly window since October 2023.
The Central Bank of Iran used USDT to bypass sanctions and build a hidden financial layer according to a recent report 🕵️♂️💸 #اق
A new investigation by blockchain transaction analysis company 'Elliptic' has revealed that the Central Bank of Iran (CBI) has acquired at least $507 million of the USDT stablecoin linked to the US dollar, using it as a tool to circumvent international sanctions.
The report provides a practical model of how a sanctioned country can create a financial layer that operates outside the traditional banking system.
The digital currency HYPE rebounds by 11% after a sharp drop, and the price of Bitcoin is trading below $90,000.
The price of Bitcoin has stabilized after days of volatility related to the developments of tension between the United States and the European Union. Currently, the price of the currency is still trading below $90,000.
In contrast, several alternative currencies recorded significant gains over the past 24 hours, most notably the digital currency Hyperliquid (HYPE), which rose by about 11% after a week of decline.
The digital currency CC has seen a noticeable increase of over 10%, coinciding with the stabilization of the Bitcoin price nearby.
From a level of $90,000.
The price of Bitcoin has experienced a period of sharp volatility over the past twenty-four hours, influenced by the escalation of tensions between the United States and the European Union. However, the price has currently stabilized at around $90,000.
In contrast, most altcoins have seen positive movements, with the price of Ethereum reaching $3000 and the price of XRP approaching $2.00. The digital currency Canton (CC) stands out as one of today's top performers.