To make a tassel...
Wrap the yarn around your 4 fingers, tie another piece of yarn around the top, folded over section then cut the bottom loops. Fold in half and tie another piece of yarn around the top 1/3 to create the tassel shape.
Glue the tassel to the bottom of the cone (or wherever else you want one!). Line the top edge of your basket with crepe paper. The crepe paper I used came in a roll already cut like this but you could easily make your own. Glue it around the inside edge of your basket top.
I used various scrapbooking ephemera (flowers, butterflies, tiny clothespins, etc.) and some vintage items (tiny mushrooms, a yellow bird candle holder, velvet ribbons, etc.)
Note: If you choose to purchase the water piks with the link above I will earn a small commission but it won't cost you a penny more!