The text saying “Loading Assets” should not move with the bar. It should stay centered. The bar should probably wait a bit before starting to load too.
The blue doesn’t match very well with the orange. Also it seems like the blue is a gradient circle. This gives a more realistic look. Contrasting it with the orange, the orange UI is more cartoony which doesn’t make too much sense.
Hopefully you could take this as constructive criticism to make your UI better.
Would personally move the text after the loading screen slightly above its current position, so the player’s Character doesn’t interfere with the visibility of the text.