Dogecoin News Today: Pentagon's DOGE Aims to Outpace China as Crypto Platforms Expand DOGE Futures

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Friday, Oct 31, 2025 12:52 pm ET2min read
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- U.S. Pentagon's DOGE unit, led by Elon Musk, aims to modernize drone programs by streamlining procurement and boosting domestic production of 30,000+ affordable unmanned systems.

- Webull expands crypto futures to include Dogecoin (DOGE) and Solana (SOL), enabling U.S. retail investors to trade leveraged derivatives on top 10 cryptocurrencies.

- DOGE's SEC operations conclude this week after workforce cuts and regulatory reforms, shifting focus to Pentagon initiatives amid criticism over agency independence concerns.

- Military drone modernization faces challenges including overlapping programs and China's growing influence, while crypto market expansion raises questions about DOGE's dual identity as both acronym and asset.

The U.S. Department of Government Efficiency (DOGE), a high-profile cost-cutting initiative spearheaded by Elon Musk and embedded within the Pentagon, is spearheading a sweeping overhaul of the military's drone program, aiming to streamline procurement, boost domestic production, and rapidly deploy tens of thousands of affordable unmanned systems. This effort aligns with Defense Secretary Pete Hegseth's July pledge to eliminate bureaucratic hurdles and establish U.S. dominance in drone warfare, a strategy influenced by the transformative role of drones on Ukraine's battlefield, according to

.

The

unit, now tasked with modernizing the Pentagon's drone capabilities, has requested detailed technical specifications from all military branches and the Defense Innovation Unit, focusing on weight, range, and payload capacity. Its goal is to acquire at least 30,000 drones in the coming months, with larger orders to follow, the Baird Maritime report said. This push is expected to benefit U.S. drone manufacturers such as Red Cat, Skydio, and PDW, which supply low-cost quadcopters to the military. The initiative also addresses a critical challenge: most U.S. drones currently rely on Chinese components, a vulnerability the Pentagon aims to eliminate.

Parallel to these military efforts, the crypto market saw a significant development as

Corporation expanded its crypto futures offerings to include (DOGE) and (SOL). The Nasdaq-listed platform, partnering with Coinbase Derivatives, now allows U.S. retail investors to trade leveraged futures on these top 10 cryptocurrencies by market capitalization, according to . This move follows Webull's relaunch of crypto trading for U.S. residents in August 2025 and builds on its March 2024 launch of and futures. Anthony Denier, Webull's CEO, emphasized the platform's role in democratizing access to derivatives, stating that the expansion provides tools for investors to "navigate the evolving digital asset landscape."

The convergence of these two DOGE-related developments—military modernization and crypto trading—highlights the multifaceted influence of the acronym. While the Pentagon's DOGE unit focuses on national security, the cryptocurrency Dogecoin is gaining traction as a tradable asset. Analysts note that increased institutional access to DOGE via platforms like Webull could drive short-term price volatility, though long-term projections remain speculative.

Meanwhile, DOGE's role at the Securities and Exchange Commission (SEC) is set to conclude this week, with sources confirming that the group has wrapped up its work there, according to

. Initially led by Musk, DOGE's SEC efforts included workforce reductions and regulatory overhauls, though critics argued the unit's interventions encroached on the agency's independence. With its focus shifting to the Pentagon, DOGE's broader impact on federal operations remains under scrutiny.

The Pentagon's drone program, meanwhile, faces uncertainty as it navigates overlapping initiatives such as the stalled Replicator program, which aimed to deploy autonomous systems by 2025. While the DOGE report is expected to outline a path forward, it remains unclear how this aligns with existing efforts, the Baird Maritime report noted. The urgency of the task is underscored by the geopolitical imperative to counter China's growing influence in drone technology and the lessons learned from Ukraine, where drones reshaped combat dynamics.

As the Pentagon and crypto markets both embrace DOGE-driven strategies, the acronym's dual significance—military efficiency and digital assets—reflects a broader trend of technological and regulatory innovation. For Dogecoin, the expansion of trading options may fuel optimism among investors, though market fundamentals and macroeconomic factors will ultimately determine its trajectory.

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