To call ico and ethereum death is very exaggerated in my view. Ethereum is still producing blocks and transacting transactions. Icos still exists, even if there are only a few. That is why i would not call both dead.
It's normal in cryptocurrency people will make a exaggerated news to distract or create FUD on readers mind. If you know the volatility of cryptocurrency and the competition then this all about prices drama to attract more money on their pocket.
Actually this year we only saw a dump period which made many people to disappoint who are not well aware with the crypto market. Especially those people escaped away who came in this field in the previous year. The long term users of crypto are still in here and they have full faith on crypto.