What is the meaning of Revelation 1:5?

* The two F.O.G. Bibles & Commentary below are currently a work in progress.

and from Jesus Christ, the faithful witness, the firstborn from the dead, and the ruler of the kings of the earth. To Him who loves us and has released us from our sins by His blood,

Berean Standard Bible (BSB)

and from Jesus Christ, the faithful witness, the firstborn of the dead, and the ruler of the kings of the earth. To him who loves us, and washed us from our sins by his blood;

World English Bible (WEB)

And{G2532} from{G575} Jesus{G2424} Christ{G5547}, who is the faithful{G4103} witness{G3144}, and the first begotten{G4416} of{G1537} the dead{G3498}, and{G2532} the prince{G758} of the kings{G935} of the earth{G1093}. Unto him that loved{G25}{(G5660)} us{G2248}, and{G2532} washed{G3068}{(G5660)} us{G2248} from{G575} our{G2257} sins{G266} in{G1722} his own{G846} blood{G129},

Strong's King James

(5) And from Yeshua Mashiach, The Faithful Witness, The Firstborn of the dead and The Ruler of the land's kings. The One who loves us and released us of our deviating-sins in His blood.

The F.O.G*

[5] and from Jesus the Messiah - the faithful Witness to these truths, the first to rise from death's grip in glorious victory, the supreme Ruler over all earthly kings. To Him who loves us with an everlasting love and has freed us from our sins by His own blood sacrifice,

The F.O.G Paraphrase

and from Jesus Christ, the faithful witness, the first-born out of the dead, and the ruler of the kings of the earth; to him who did love us, and did bathe us from our sins in his blood,

Young's Literal Translation