Midday News Update #Web3

📉 Coinglass: Funding rates on major CEXs and DEXs indicate a bearish sentiment as Bitcoin continues its downward trend.

🔗 Solana DEX #Raydium integrates with Orderly Network, launching a beta perpetual trading platform powered by Orderly’s cross-chain order book.

🇬🇧 UK excludes $ETH and $SOL staking from collective investment schemes under FSMA, simplifying regulations and fostering crypto innovation, effective January 31.

🇺🇸 Fed officials maintain a neutral stance, citing strong economic performance, while awaiting clarity on Trump’s incoming policies and 2024 inflation trends.

💰 ai16z co-founder Shaw announces grants for #Polygon projects built with Eliza, inviting developers to connect for funding opportunities.