Bloodstone is a variety of chalcedony. Not sure what you have there.
Chip of a little edge and see if the luster is waxy - that's a good indicator you might have chalcedony!
The picture is really blurry, but it looks very similar to a piece of hemetite that I have that has red circles in it. When I get a chance I'll post a pic. A streak test might tell you something like hvacker suggests.
Hematite will streak red brown. Bloodstone I don't think will streak as it's a form of quartz. Too hard.
If you can obtain a hardness test kit (cheap) there are stones in the kit that will scratch quartz.
Or you can use your diamond ring..![]()
Sorry I am just getting back, here's the piece of hematite I found, it is magnetic, and I started polishing one side of it by hand. It will be awhile before I get done as I've been so busy. I should not have taken the pic on my beer cozy, but it looks like it still will show up!