DOGE News: No Cryptocurrency Tie-In to Musk Meeting on Tariffs, But Market Impacts Highlighted

Musk Meeting Fails to Avert Trump Tariffs, Slovakia Braces for Impact

During a working trip to the U.S., Slovakian Prime Minister Fico met with Tesla owner Elon Musk to discuss Washington’s intentions to impose tariffs on European goods, including cars built in the EU where Slovakia is a leading manufacturer. Despite the meeting, Slovakia is still expected to be among the EU nations most affected by the upcoming tariffs on passenger cars imported into the United States. Government officials are deeply worried about the consequences for the country’s economy, which boasts the world’s highest number of vehicles made per capita.

Elon Musk’s DOGE to Access SEC Systems Under New Liaison Team Initiative

The new efficiency task force, Elon Musk’s Department of Government Efficiency (DOGE), has been granted access to SEC infrastructure, sparking debates over whether streamlining reforms could undermine the agency’s independence during a pivotal crypto policy shift. The SEC’s shrinking workforce and retreat from crypto enforcement have created a regulatory vacuum increasingly filled by private-sector agendas through cost-cutting partnerships. This collaboration follows a Trump-era strategy of reshaping federal agencies through backchannel operational alliances. Reuters reported on March 28 that the SEC agreed to provide Doge representatives access, potentially impacting the crypto market, particularly DOGE.

Dogecoin: 76.65% of Traders Bet on DOGE’s Rise, Liquidation Risks Loom

The market sentiment surrounding Dogecoin [DOGE] remains bullish, with 76.65% of traders on Binance Futures holding long positions. This suggests short-term price appreciation is expected. However, a high concentration of long positions raises liquidation risks, indicating potential market correction. Technical analysis and the MVRV ratio suggest Dogecoin may struggle to surge in the short term, potentially leading to heightened volatility.