Square is fundamentally transforming the digital payments landscape by enabling its 4 million merchant partners to accept Bitcoin through the Lightning Network. This strategic integration addresses long-standing cryptocurrency limitations, offering instant settlement and zero processing fees until 2027, potentially redefining how businesses handle online transactions while expanding customer payment options and reducing operational costs.
about Square Enables Bitcoin Payments for 4M MerchantsSquare
0 in Finance and 0 in Crypto last weekRipple CTO Explains Why Bitcoin Price Remains Elevated
Ripple’s Chief Technology Officer David Schwartz has provided a compelling explanation for Bitcoin’s sustained high valuation, revealing how spending behavior reflects market confidence in BTC’s future growth potential. His analysis comes as Bitcoin maintains its position as the only six-figure cryptocurrency, trading above $103,000 despite recent volatility, with analysts predicting further gains to $115,000-$120,000.
about Ripple CTO Explains Why Bitcoin Price Remains ElevatedBlock Enables Bitcoin Payments for 4M Square Merchants
Block, the payments company led by Jack Dorsey, has activated Bitcoin payment capabilities for its entire Square merchant base of approximately 4 million businesses in the US. The new system enables direct Bitcoin acceptance at point-of-sale with Lightning Network integration for faster settlements, representing one of the largest mainstream Bitcoin payment integrations to date while offering promotional fee relief through early 2027.
about Block Enables Bitcoin Payments for 4M Square MerchantsSquare Launches Bitcoin Payments at US Retail Locations
Square has officially launched Bitcoin payment capabilities for merchants across the United States, marking a significant milestone in cryptocurrency adoption. The new feature allows businesses to accept cryptocurrency payments directly through Square’s point-of-sale systems, with early adopters already reporting successful Bitcoin transactions at coffee shops and retail locations. This development represents a major step toward mainstream crypto integration in everyday commerce.
about Square Launches Bitcoin Payments at US Retail LocationsBlock Q3 Earnings Miss Estimates, Shares Drop 12%
Block Inc.’s third-quarter earnings fell short of analyst expectations despite strong performance from its Cash App and Square divisions. The disappointing results triggered an immediate 12% selloff in after-hours trading as investors reacted to the miss on both revenue and earnings per share, compounding concerns about the crypto-friendly fintech’s growth trajectory.
about Block Q3 Earnings Miss Estimates, Shares Drop 12%DC Coffee Shop First to Accept Bitcoin via Square POS
A Washington D.C. coffee chain has become the first merchant globally to process Bitcoin payments through Square’s standard point-of-sale terminal. The demonstration during DC Fintech Week showcased instant transactions using the Lightning Network, marking a significant milestone for crypto adoption in everyday retail and potentially ushering in a new era for Bitcoin as a practical payment method.
about DC Coffee Shop First to Accept Bitcoin via Square POSDorsey Pushes Bitcoin Tax Exemption for Small Payments
Square founder Jack Dorsey is advocating for tax exemptions on small Bitcoin transactions to accelerate cryptocurrency adoption for everyday payments. His call comes as Square integrates Bitcoin payment services for merchants using its checkout systems, creating a powerful alignment between industry innovation and legislative efforts from Senator Cynthia Lummis to create practical crypto tax exemptions.
about Dorsey Pushes Bitcoin Tax Exemption for Small PaymentsDorsey & Lummis Push Bitcoin Tax Exemption Revival
Block founder Jack Dorsey has reignited the push for a de minimis tax exemption on small Bitcoin transactions, prompting Senator Cynthia Lummis to confirm she’s working on reviving the failed legislative effort. The proposal would exempt everyday crypto purchases under a few hundred dollars from capital gains reporting requirements, addressing current IRS treatment that creates significant burdens for merchants and consumers. This comes after similar amendments failed to make it into Trump’s reconciliation bill in July due to timing constraints, setting the stage for renewed legislative action.
about Dorsey & Lummis Push Bitcoin Tax Exemption RevivalBlock’s Square Enables Bitcoin Payments for Small Businesses
Jack Dorsey’s Block is making its most aggressive push yet to transform Bitcoin from digital gold into everyday currency, announcing Wednesday that its Square platform will enable small businesses to accept Bitcoin payments and convert sales revenue directly into the cryptocurrency. The initiative, which sparked a 2.6% rise in Block shares, represents a significant milestone in the company’s long-standing mission to make Bitcoin part of daily commerce rather than just a store of value.
about Block's Square Enables Bitcoin Payments for Small BusinessesSquare Launches Zero-Fee Bitcoin Payments for US Merchants
Square, the payments processor owned by Jack Dorsey’s Block Inc., has launched a groundbreaking Bitcoin service that enables US merchants to accept cryptocurrency at checkout with zero transaction fees through 2026. This strategic move represents a significant advancement in Bitcoin’s utility as a practical medium of exchange, allowing businesses to hold Bitcoin in an integrated wallet and automatically convert sales into BTC while providing seamless access through Square’s existing dashboard.
about Square Launches Zero-Fee Bitcoin Payments for US MerchantsBlock Launches Cost-Cutting Bitcoin Mining Rig
Block, led by Bitcoin advocate Jack Dorsey, has introduced the Proto Rig, a new Bitcoin mining machine featuring swappable parts to reduce repair and replacement costs by 15-20%. With a lifespan of 10 years—double that of conventional rigs—the Proto Rig allows for upgrades without full replacements. The launch comes as mining rewards halve and operational costs rise, pushing firms toward AI or Ethereum. Block’s stock dipped slightly, while Bitcoin remains volatile after recent highs. Dorsey’s vision includes U.S.-based production to counter China’s dominance in mining hardware.
about Block Launches Cost-Cutting Bitcoin Mining RigSquare Adds Bitcoin Payments as Block Joins S&P 500
Block, formerly Square, has enabled Bitcoin (BTC) payments for merchants through its Square platform, as its stock rallied 10% following its inclusion in the S&P 500. CEO Owen Jennings announced the rollout on X, highlighting the seamless QR-code-based checkout process. The move aligns with Block’s mission to boost Bitcoin adoption, offering merchants faster settlements and reduced fees. Bitcoin product lead Miles Suter emphasized the economic empowerment for small businesses. Block’s stock (XYZ) rose from $66 on July 15 to $79.50 at the time of reporting.
about Square Adds Bitcoin Payments as Block Joins S&P 500