<font face="Wingdings">J</font>
Which renders as a smiley face.?
Also possible that the j is a red herring and just some random character that's always there. Pasting a URL containing a newline into most browsers just truncates it at the newline, regardless of how much text is after. I only know this from occasionally copying links from a terminal window where the copy somehow added newlines every 80 characters (even though copying this way normally works fine). I'd have to copy the URL with newlines into a text editor, remove the new lines and copy again to be able to paste it.
The same 'j' as vi uses for 'hjkl'. https://vi.stackexchange.com/questions/42426/why-did-vi-use-...
But I suppose you're saying ASCII 10 was chosen as newly because it aligns with the down arrow on keyboards of the time. Maybe.
Specifically, J is the 10th letter of the alphabet and therefore ctrl-J is code for ascii 10. Same reason ctrl-D sends EOF and ctrl-I sends tab.
\message{before ^^J after}
prints the following message: before
after
This is common in other old software too [1] [2], but TeX is where I see it the most often these days.[0]: https://tex.stackexchange.com/a/64848/270600
echo -e "test\n" | wl-copy
wl-paste