I am getting error coming in to configure hibernate for postgresql database -

Error Log Details -
org.hibernate.HibernateException: could not instantiate RegionFactory [org.hibernate.cache.impl.bridge.RegionFactoryCacheProviderBridge]
at org.hibernate.cfg.SettingsFactory.createRegionFactory(SettingsFactory.java:402)
at org.hibernate.cfg.SettingsFactory.buildSettings(SettingsFactory.java:270)
at org.hibernate.cfg.Configuration.buildSettingsInternal(Configuration.java:2163)
at org.hibernate.cfg.Configuration.buildSettings(Configuration.java:2159)
at org.hibernate.cfg.Configuration.buildSessionFactory(Configuration.java:1383)
at org.hibernate.console.ConsoleConfiguration$5.execute(ConsoleConfiguration.java:278)
at org.hibernate.console.execution.DefaultExecutionContext.execute(DefaultExecutionContext.java:63)
at org.hibernate.console.ConsoleConfiguration.execute(ConsoleConfiguration.java:107)
at org.hibernate.console.ConsoleConfiguration.buildSessionFactory(ConsoleConfiguration.java:273)
at org.hibernate.eclipse.console.workbench.LazySessionFactoryAdapter.getChildren(LazySessionFactoryAdapter.java:43)
at org.hibernate.eclipse.console.workbench.BasicWorkbenchAdapter.getChildren(BasicWorkbenchAdapter.java:100)
at org.hibernate.eclipse.console.workbench.BasicWorkbenchAdapter.fetchDeferredChildren(BasicWorkbenchAdapter.java:106)
at org.eclipse.ui.progress.DeferredTreeContentManager$1.run(DeferredTreeContentManager.java:235)
at org.eclipse.core.internal.jobs.Worker.run(Worker.java:53)
Caused by: java.lang.reflect.InvocationTargetException
at sun.reflect.NativeConstructorAccessorImpl.newInstance0(Native Method)
at sun.reflect.NativeConstructorAccessorImpl.newInstance(NativeConstructorAccessorImpl.java:57)
at sun.reflect.DelegatingConstructorAccessorImpl.newInstance(DelegatingConstructorAccessorImpl.java:45)
at java.lang.reflect.Constructor.newInstance(Constructor.java:526)
at org.hibernate.cfg.SettingsFactory.createRegionFactory(SettingsFactory.java:397)
... 13 more
Caused by: org.hibernate.cache.CacheException: could not instantiate CacheProvider [org.hibernate.cache.internal.NoCacheProvider]
at org.hibernate.cache.impl.bridge.RegionFactoryCacheProviderBridge.<init>(RegionFactoryCacheProviderBridge.java:66)
... 18 more
Caused by: java.lang.ClassNotFoundException: org.hibernate.cache.internal.NoCacheProvider cannot be found by org.hibernate.eclipse.libs_3.7.1.Final-v20131205-0918-B107
at org.eclipse.osgi.internal.loader.BundleLoader.findClassInternal(BundleLoader.java:501)
at org.eclipse.osgi.internal.loader.BundleLoader.findClass(BundleLoader.java:421)
at org.eclipse.osgi.internal.loader.BundleLoader.findClass(BundleLoader.java:412)
at org.eclipse.osgi.internal.baseadaptor.DefaultClassLoader.loadClass(DefaultClassLoader.java:107)
at java.lang.ClassLoader.loadClass(ClassLoader.java:358)
at java.lang.Class.forName0(Native Method)
at java.lang.Class.forName(Class.java:191)
at org.hibernate.util.ReflectHelper.classForName(ReflectHelper.java:192)
at org.hibernate.cache.impl.bridge.RegionFactoryCacheProviderBridge.<init>(RegionFactoryCacheProviderBridge.java:63)
... 18 more
UPDATE:
After the changes mentioned by @ConMan, I am getting a new error at the same place -
org.hibernate.HibernateException: Could not instantiate dialect class
at org.hibernate.dialect.resolver.DialectFactory.constructDialect(DialectFactory.java:163)
at org.hibernate.dialect.resolver.DialectFactory.buildDialect(DialectFactory.java:109)
at org.hibernate.cfg.SettingsFactory.buildSettings(SettingsFactory.java:146)
at org.hibernate.cfg.Configuration.buildSettingsInternal(Configuration.java:2163)
at org.hibernate.cfg.Configuration.buildSettings(Configuration.java:2155)
at org.hibernate.console.ConsoleConfiguration$6.execute(ConsoleConfiguration.java:430)
at org.hibernate.console.execution.DefaultExecutionContext.execute(DefaultExecutionContext.java:63)
at org.hibernate.console.ConsoleConfiguration.execute(ConsoleConfiguration.java:107)
at org.hibernate.console.ConsoleConfiguration.getSettings(ConsoleConfiguration.java:428)
at org.hibernate.eclipse.console.workbench.LazyDatabaseSchemaWorkbenchAdapter$2.execute(LazyDatabaseSchemaWorkbenchAdapter.java:119)
at org.hibernate.console.execution.DefaultExecutionContext.execute(DefaultExecutionContext.java:63)
at org.hibernate.console.ConsoleConfiguration.execute(ConsoleConfiguration.java:107)
at org.hibernate.eclipse.console.workbench.LazyDatabaseSchemaWorkbenchAdapter.readDatabaseSchema(LazyDatabaseSchemaWorkbenchAdapter.java:115)
at org.hibernate.eclipse.console.workbench.LazyDatabaseSchemaWorkbenchAdapter.getChildren(LazyDatabaseSchemaWorkbenchAdapter.java:65)
at org.hibernate.eclipse.console.workbench.BasicWorkbenchAdapter.fetchDeferredChildren(BasicWorkbenchAdapter.java:106)
at org.eclipse.ui.progress.DeferredTreeContentManager$1.run(DeferredTreeContentManager.java:235)
at org.eclipse.core.internal.jobs.Worker.run(Worker.java:53)
Caused by: java.lang.ClassCastException: org.hibernate.dialect.PostgreSQLDialect cannot be cast to org.hibernate.dialect.Dialect
at org.hibernate.dialect.resolver.DialectFactory.constructDialect(DialectFactory.java:157)
... 16 more