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No, you cannot copyright a band name. Names, including the name of a band, do not qualify for copyright protection. Copyrights protect creative works like songs, movies, and books. Names that cannot be copyrighted.
In short, you cannot copyright the name of a YouTube Channel. Names, including the name of your YouTube Channel cannot be copyrighted. But you can often TRADEMARK the name of a YouTube Channel.
In simple terms, all music artists should consider registering their name as a trade mark in order to protect against others using it. This can cover both your name and logo so long as it is a word, phrase, symbol, and design that identifies and distinguishes you from other music artists.
USPTO Search You can go to the USPTO's Trademark Electronic Search System (TESS) and search for your potential band.
Here's the thing: as long as they don't have the same URL, YouTube doesn't mind if multiple users have the same account names. That's how your friend James has a YouTube channel that's just called James. But again ? just because you can, doesn't mean you should.