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Pause

Marathon is the new game from Destiny creators Bungie

Kickstarter game placed on “indefinite pause” after raising $340k

by admin June 21, 2025

A game partially funded by over 5,000 backers on Kickstarter has been placed on “indefinite pause” after raising more than $300,000, its developer has confirmed.

Developed by Studio Camelia, Alzara Radiant Echoes is described as a “3D turn-based RPG inspired by Japanese classics” on the game’s Steam page, which, as of June 21, 2025, still lists Alzara as “coming soon.”

In a post on Alzara’s Kickstarter page, the developer confirmed that “It is with deep sadness that we announce the closure of Studio Camelia.” In a section addressing the potential for development to recommence, Camelia explained that liquidation of the company took place on April 28, 2025 and that “various legal procedures” are still ongoing.

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Camelia’s Kickstarter campaign for Alzara raised €294,428 ($339,000 USD) from 5,089 backers.

“Radiant Echoes is now on indefinite pause,” the message continued, adding, “There is a slim chance that a third party might one day step in and offer to take over the project.”

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The game is still listed as “coming soon” on its Steam page.

The final straw

Camelia explained that, despite members of the team investing their own money and funds from Kickstarter, they needed more to see the game to fruition, which meant investment from a partner.

After attending gaming events to showcase a demo of Radiant Echoes and numerous “in-depth discussions” with potential partners failed to yield any investment, Camelia said they “tried to hold on as long as we could.”

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Refunds for failed Kickstarter projects are not provided. “Kickstarter is not a store, and we do not issue refunds. When you back a project, you’re supporting a creator’s right to make something new,” the site’s FAQ reads.

While individual project creators can opt to provide refunds in such circumstances, Camelia stated that “Neither the studio nor Kickstarter is able to refund your contribution to the project, and we are truly sorry for that.”

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June 21, 2025 0 comments

GameFi Guides

$4.74B XRP Moved as Ripple and SEC Pause On Legal Battle

by admin June 18, 2025

The XRP community has seen reduced optimism as XRP plunges sharply amid the buzz surrounding Ripple and SEC legal frenzy.

XRP has seen its price fall significantly by 7.29% in just one day, according to data from CoinMarketCap.

Source: CoinMarketCap

Although XRP’s negative price action follows a broad crypto market bloodbath experienced on Tuesday, XRP has led the negative trend with the deepest price drop among the top 10 leading cryptocurrencies.

Ripple-SEC stuns with shocking update

This negative trend has coincided with Ripple and the SEC’s recent legal update, leaving investors to worry about its influence on XRP’s potential.

On June 16, Ripple and the SEC disclosed a mutual decision to take a pause on the court appeal, according to a recent post from former U.S. federal prosecutor James Filan.

While XRP has seen its trading volume surge significantly by 33.96% to a massive $4.74 billion, the notable drop in the value of XRP suggests that holders are increasingly selling off their assets.

As such, it appears that the Ripple pause request has sent panic across the market, with $4.74 billion worth of XRP being moved amid increased selling activities.

While the long-standing legal battle between the SEC and Ripple has long shaped XRP’s price positions over the years, XRP holders are uncertain about what’s to come out of the pending discussions. While this has sparked uncertainty across the market, retail participants appear to be reacting cautiously.

Altcoin ETF summer in limbo as SEC hits pause on DOGE, HBAR, and AVAX filings

by admin June 13, 2025

The U.S. Securities and Exchange Commission (SEC) has hit the pause button on several crypto exchange-traded fund (ETF) proposals, putting approval in doubt.

According to filings published this week, the SEC is delaying its decision for three ETF proposals, including Dogecoin, Hedera, and Avalanche.

The ETFs, filed respectively by Bitwise, Grayscale, and VanEck earlier this year, aim to launch spot ETFs backed directly by DOGE (DOGE), HBAR (HBAR), or AVAX (AVAX), which would offer investors regulated access to the assets if approved.

However, the SEC stated it needs more time to assess the proposals. Citing concerns around investor protection and market integrity, the regulatory commission noted it is opening proceedings to allow for further analysis of whether the ETFs meet legal standards.

“Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved,” the releases read. “Rather, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.”

While not an outright rejection, the SEC’s move contrasts sharply with industry expectations. Earlier this week, Bloomberg analyst James Seyffart placed odds of approval for each of the assets around 75% to 80%, fueled by reports of positive engagement among the commission and issuers.

The regulatory decision quickly rippled through the markets, dampening investor sentiment and triggering a sell-off across the three tokens. AVAX recorded the biggest loss, falling 12.5% from around $21.25 to $18.60 in a matter of hours. HBAR followed with an 11.5% slide, dropping from $0.1708 to $0.1512.

Despite being the least affected of the three, DOGE also dropped significantly, shedding 10.2% from $0.1906 to $0.1711. While all three tokens have shown minor recoveries since the initial dip, they remain in the red as uncertainty around ETF approval lingers.

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June 13, 2025 0 comments

Crypto Trends

Ethereum Enters Strategic Pause: Will Accumulation Below Resistance Spark A Surge?

by admin June 8, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a post shared on X by UniChartz, it was noted that Ethereum (ETH) has developed a well-defined bullish structure, characterized by a series of Higher Highs (HH) and Higher Lows (HL), a classic signal of upward momentum. However, after this upward move, ETH has now entered an accumulation phase just below a key resistance zone, suggesting that the market is consolidating before its next potential breakout.

EMA Confluence Zone Retest: Ethereum At Crucial Decision Point

According to UniChartz, Ethereum is currently navigating a crucial technical juncture as it retests the confluence zone of the 50 EMA and 100 EMA, a region that has historically served as a strong area of demand. This overlap of exponential moving averages often acts as dynamic support, and its relevance is further underscored by the Stochastic RSI rebounding from oversold territory, which may signal an incoming shift in momentum.

The analyst suggests that if ETH manages to hold this accumulation zone and support provided by the EMAs, it might open the door to another test of the overhead resistance zone, or potentially, a breakout beyond it. Traders will likely look for volume confirmation and continuation patterns to validate any such upside move.

ETH at a critical juncture | Source: UniChartz on X

On the other hand, a failure to sustain this zone may signal weakness and lead to a deeper pullback, possibly dragging Ethereum toward lower support levels that have previously acted as stabilization zones. This would mark a temporary shift in market structure and attract more selling pressure in the short term.

For now, UniChartz emphasizes that this area remains a critical decision point. The coming price action will be instrumental in shaping Ethereum’s next directional move, and traders should closely monitor whether bulls can defend the EMAs or bears regain control and force a breakdown.

Key Levels To Watch In Event Of An ETH Breakout

In the event of a confirmed breakout above the current accumulation zone and EMA confluence, Ethereum could be poised for a strong upward continuation. The first major level to monitor, which serves as the breakout trigger point, is the immediate $2,858 resistance zone that has capped recent advances.

Related Reading: Ethereum Flashes Bullish Morning Star Candlestick Pattern – Is ETH Rally Getting Started?

A clean move above this area, especially with rising volume, would signal strong bullish intent. Once that resistance is cleared, the next key price level to watch lies near the $3,360–$3,659 range, which previously acted as a short-term supply zone and could present minor friction.

Source: ETHUSDT on Tradingview

Pushing beyond that could target the psychological zone around $4,100. If momentum accelerates, $4,863 may act as the next potential upside target.

ETH trading at $2,494 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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June 8, 2025 0 comments