Blue Suede Shoes vs. Whatcha Gonna Do

Here's one for the community to consider: is 1955's Blue Suede Shoes a cover - or adapted from - the 1953 Bill Haley composition and recording "Whatcha Gonna Do"?

Here's a video of the Haley song for comparison:

Thoughts?

Release date: April 1953. Release details: http://www.45worlds.com/78rpm/record/321 (Neither Discogs nor 45cat seem to have the 45 rpm version shown in the video listed).

Whatcha Gonna Do also has its own cover version by Bunny Paul:

I couldn't locate a single release for Paul's version, but it was first released on the 1958 album Rock and Roll Dance Party on Somerset (a subsidiary of Essex Records): http://www.45worlds.com/vinyl/album/p1300