This is the blood stained good news.
Authorized King James Version (it's the only one that has study in it, and what the object of faith is)
Romans 3:23-30
For all have sinned and have fallen short of the glory of God;
<Everybody failed to be perfect. God however still is perfect.
Being justified freely by his grace through the redemption that is in Christ Jesus:
<Inside of Jesus is stuff that grants God like perfection, and it is free.
Whom God has set forth to be a propitiation through faith in his blood, to declare his righteousness for the remission of sins that are past, through the forbearance of God;
<God is providing not just a clean slate and being in right standing with God there's more. He'll accept the due justice for evils and failings that were yours, that's the only way to provide perfect justice and grace. This is only valid if the substitute is perfect without blemish, which He is. Although God can collect the justice He is due at anytime, He instead doesn't do that. There's time now.
To declare, I say, at this time his righteousness: that he might be just, and the justifier of him which believeth in Jesus.
<Jesus and God is just, which makes those who believe Jesus as if they didn't fail or do evil. That His blood is more than good enough, which implies who He is, what He did, who He did it for, why He did it. It's for (You), because He loves you, and He loves you enough that you can accept or refuse it'll be purely your choice.
Where is boasting then? It is excluded. By what law? Of works? Nay: but by the law of faith.
<Only God's way to be saved during this time before the very end, no corrupt works but faith in His blood alone. The law of God's grace, trust His finished work.
Therefore we conclude that a man is justified by faith without the works of the law.
<At this time He did the work don't mock His work by mixing corrupted work with His perfect work.
Is he the God of the Jewes only? Is he not also of the Gentiles? Yes, of the Gentiles also:
<God is the God of the living, those of the line of Abraham elected to spread the character of God. Though a stubborn people a small portion is faithful in good will. Even the evil embracing ones will show God's character one way or another.
Seeing it is one God, which shall justify the circumcision by faith, and uncircumcision through faith.
<The current way to be saved is faith in His blood. All the manmade bullshit built around can't save them. A bloodless so called good news can't save. There is no assurance in such a man made thing.
Through Faith in His Blood.
The Object of Our Faith is His Blood alone.