Merchants's 15min chart triggers KDJ Golden Cross, bullish Marubozu candle.

The 15-minute chart for Merchants has triggered a KDJ Golden Cross, accompanied by a bullish Marubozu at 10/13/2025 15:15. This indicates a shift in the momentum of the stock price towards the upside, with a potential for further growth. The market is currently under the control of buyers, and the bullish momentum is likely to continue.

Square, the payment service owned by Block Inc., has introduced a significant new feature that will enable US merchants to accept Bitcoin payments with zero fees until 2027. This announcement comes as part of a broader strategy to normalize Bitcoin in everyday commerce and cater to the growing interest in cryptocurrencies among businesses and consumers.

The new feature, set to launch on November 10, 2025, will be available to over 4 million US merchants, excluding those in New York State due to regulatory constraints Square Could Enable Bitcoin Payments For Over 4 Million U.S. Merchants, Waiving Fees Through 2026^[2]. Merchants will be able to receive Bitcoin payments at checkout and store them in a built-in digital wallet accessible through the Square dashboard. Additionally, businesses can convert up to 50% of their daily sales into Bitcoin, providing flexibility in managing digital and traditional currency flows.

Square has waived transaction fees for Bitcoin-based payments until the end of 2026, with a 1% processing fee scheduled to begin in 2027. This move is aimed at reducing the financial barriers for small businesses looking to experiment with cryptocurrency payments. The company's goal is to make Bitcoin payments as seamless as traditional card transactions.

The integration of Bitcoin payments into Square's existing point-of-sale system is part of a larger trend where digital currencies are playing an increasingly significant role in business operations. Square's parent company, Block Inc., holds over 8,600 Bitcoins on its balance sheet, positioning it as one of the largest public holders of Bitcoin globally Square Launches Bitcoin Payment Option for US Merchants With Wallet Access and No Fees for Two Years^[1].

Recent studies indicate rising consumer interest in crypto payments. A study by eMarketer predicts that the use of crypto payments in the US will grow by 82% from 2024 to 2026. Additionally, surveys conducted by YouGov show an increasing number of people favoring crypto, particularly Bitcoin, in daily purchases Square Launches Bitcoin Payment Option for US Merchants With Wallet Access and No Fees for Two Years^[1].

The new feature is expected to accelerate the adoption of Bitcoin among merchants and could potentially trigger a broader shift toward integrating cryptocurrencies into the payments landscape. Industry activity from other companies such as PayPal and Visa also supports this trend.

In conclusion, Square's Bitcoin payment integration is a significant step toward mainstream crypto adoption. By providing a seamless and cost-effective way for merchants to accept and manage Bitcoin, Square is positioning itself to capitalize on the growing interest in cryptocurrencies. Merchants should review their Square dashboard settings ahead of the November 10 launch to choose settlement options that align with their risk and operational needs.