RX J1914.4+2456 is a candidate double-degenerate binary ( AM CVn ) with a putative 569 s orbital period . If this identification is correct , then it has one of the shortest binary orbital periods known , and gravitational radiation should drive the orbital evolution and mass transfer if the binary is semi-detached . Here we report the results of a coherent timing study of the archival ROSAT and ASCA data for RX J1914.4+2456 . We performed a phase coherent timing analysis using all observations spanning an \approx 4.6 year period . We demonstrate that all the data can be phase connected , and we present evidence that the 1.756 mHz orbital frequency is increasing at a rate of 8 \pm 3 \times 10 ^ { -18 } Hz s ^ { -1 } , consistent with the expected loss of angular momentum from the binary system via gravitational radiation . In addition to providing evidence for the emission of gravitational waves , measurement of the orbital \dot { \nu } constrains models for the X-ray emission and the nature of the secondary . If stable mass accretion drives the X-ray flux , then a positive \dot { \nu } is inconsistent with a degenerate donor . A helium burning dwarf is compatible if indeed such systems can have periods as short as that of RX J1914.4+2456 , an open theoretical question . Our measurement of a positive \dot { \nu } is consistent with the unipolar induction model of Wu et al . which does not require accretion to drive the X-ray flux . We discuss how future timing measurements of RX J1914.4+2456 ( and systems like it ) with for example , Chandra and XMM-Newton , can provide a unique probe of the interaction between mass loss and gravitational radiation . We also discuss the importance of such measurements in the context of gravitational wave detection from space , such as is expected in the future with the LISA mission .