Let $R$ be a unital ring with multiplication $\mu\colon R\otimes R \rightarrow R$. Consider the category $\mathcal{Ch}(R-\text{mod})$ of chain complexes of $R$-modules. This category becomes a monoidal category with the tensor product of chain complexes as monoidal product and the chain complex $R[0]$ (concentrated in degree $0$ on $R$) as the monoidal unit. This monoidal category is braided via $x\otimes y\mapsto(-1)^{\vert x\vert \vert y \vert}y\otimes x$.
Let $X$ be a topological space. Consider $S_\ast(X):=S_\ast(X,R)$, its singular chain complex with coefficients in $R$. This is an object in $\mathcal{Ch}(R-\text{mod})$. There is a special morphism in $\mathcal{Ch}(R-\text{mod})$, aka a chain map $$AW(X)\colon S_\ast(X)\rightarrow S_\ast(X)\otimes S_\ast(X).$$ This map is sometimes called Alexander-Whitney diagonal map and defined on a chain $c\in S_n(X)$ as $AW(X)_n(c):=\sum_{p+q=n}F^p(c)\otimes R^q(c)$, where $F^p(c)=c\circ \iota$ and $R^q(c)=c\circ \tilde{\iota}$ for the inclusions $\iota\colon \Delta^p\rightarrow \Delta^n, (t_0,\ldots, t_p)\mapsto (t_0,t_1,\ldots,t_p,0,\ldots,0)$ and $\tilde{\iota}\colon \Delta^q\rightarrow \Delta^n, (t_0,\ldots, t_q)\mapsto (0,\ldots,0,t_0,t_1,\ldots,t_q)$.
Define the chain map $\epsilon(X)\colon S_\ast(X)\rightarrow R[0]$ by letting $\epsilon(X)_{i}=0$ for all $i \neq 0$ and $\epsilon(X)_{0}$ be the $R$-module map that sends each singular $0$-simplex in $X$ to $1_R$. This makes the triple $(S_{\ast}(X),AW(X), \epsilon(X))$ into a coassociative, and counital coalgebra in $\mathcal{Ch}(R-\text{mod})$, I think. This coalgebra is not cocommutative.
Is what I have said so far correct? (When) can $(S_{\ast}(X),AW(X), \epsilon(X))$ be made into a bialgebra or even a Hopf algebra?
Additionally, the cup product $\cup \colon S^p(X)\otimes S^q(X)\rightarrow S^{p+q}(X)$ is defined as $\alpha\otimes \beta \mapsto \mu \circ (\alpha \otimes \beta) \circ \pi_{p,q} \circ AW(X)_{p+q}$, where $\pi_{p,q}\colon \oplus_{k+l=p+q}S_k(X)\otimes S_l(X)\rightarrow S_{p}(X)\otimes S_q(X)$ is the projection map. This definition somehow looks like a convolution product in a bialgebra. Can this be made precise?