What you'll need:
A round trash can
Hot glue gun
Starting in the center on the bottom of the trash can put a very small spot of hot glue and stick the end of the rope to it.
In a circular motion, wind the rope around itself
Glue the rope to itself (not the trash can) every so often
Once you get to the outer edge of the bottom glue the last wrap around really well then start going around the outside of the trash can
Continue gluing the rope to itself every so often
When you get to a point that you think the basket is tall enough, cut the rope and glue it down
Cut two separate pieces of rope and glue to the inside as handles
Wrap a piece of ribbon around and tie a bow
The best thing about this is that you can make the baskets any size depending on what size can you use as a structure base. I used a trash can but you can really use anything that is any shape you want.
I made mine around Christmas so I filled it with a few small things and gave it to my boyfriends parents as a gift.